French start-up Prevision.io has announced that it has closed its Series A with a €6 million fund raising. This round of financing will enable it to accelerate the marketing and sales of its App Exchange, orchestrated by Upfront Ventures, with the participation of the historical funds Hi inov via the SNCF Digital Ventures fund, and Net Venture.

To meet the crucial challenge of productivity and efficiency, from companies in the creation and provision of powerful predictive models to businesses, Prevision.io has launched in 2016 a platform that allows Data Scientists, Business Analysts and business experts to benefit from a complete software with which they can quickly build all types of models and then expose them internally or externally through a single marketplace. Prevision.io’s App Exchange provides third parties with the ability to create models or use existing models for global distribution.

“With Prevision.io, we are democratizing the use of artificial intelligence and enabling companies to improve operational efficiency using our platform and a rich marketplace of intelligent, reliable and out-of-the-box solutions. Data Scientists and developers see their productivity boosted through self-learning. Businesses quickly obtain reliable models with high ROI while maintaining a high level of autonomy, and CIOs have a complete platform that meets the requirements and criteria of reliability, monitoring, and integration with their systems,” explains Tuncay Isik, co-founder of Prevision.io, who adds :

“We are delighted to raise this capital, which will enable us to accelerate the marketing of our solution and reach the global market, particularly in the United States with the acquisition of a stake in Upfront Ventures, with whom we share our technological DNA and our desire to accelerate the changes in our company thanks to new technologies. The presence of our historical investors in this tour reinforces the support we will receive during the next phases of acceleration”.

Upfront Ventures, a Los Angeles-based fund, welcomes this new investment in France focused on data science, a recognized strength of this ecosystem.

“The global democratization of these new data analysis technologies is key to increasing the operational efficiency of business processes. With its unique data science expertise in France, we consider Prevision.io to be perfectly positioned to take advantage of these major transformations within major groups” according to Yves Sisteron, Investment Managing Partner at Upfront Ventures.

Valère Rames, Partner at Hi inov Dentressangle adds :

“We are pleased to accompany Prevision.io since its first round three years ago, and today we are extending our support together with Upfront Ventures in order to contribute to the commercial acceleration of the company and the strengthening of its technological lead. »

Translated from Prevision.io clôture sa série A avec 6 millions d’euros pour accélérer la commercialisation de sa solution