# Big Squid

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/big-squid

- Industry: Software
- Headquarters: Salt Lake City, US
- Website: www.bigsquid.com
- Total disclosed funding: $18M
- Latest round: Series A (Nov 7, 2018)
- Investors on record: 4

## About

Big Squid, Inc. is a data analytics company that specializes in advanced analytics and machine learning solutions, enabling organizations to leverage their data for strategic decision-making and operational improvements.Founded in 2009 in Salt Lake City, US, Big Squid, Inc. focuses on providing data-driven insights through its proprietary software platforms. The company has successfully completed four deals as of September 30, 2021, with its latest funding being a SERIES A round, raising USD 9.00 mn led by Lewis & Clark Ventures along with Kickstart Capital, Signal Peak Ventures, and Silverton Partners. This funding supports its growth trajectory in the analytics sector.Big Squid specializes in advanced analytics and data science solutions, focusing on empowering businesses to harness the power of their data for informed decision-making. The company's core offerings include proprietary software platforms designed to facilitate predictive analytics, machine learning, and data visualization, which help organizations optimize their operations, enhance customer experiences, and drive revenue growth. These products are tailored to meet the needs of various industries, including finance, retail, and healthcare, addressing specific use cases such as demand forecasting, customer segmentation, and risk assessment. Big Squid's client base encompasses a diverse range of businesses, from small startups to large enterprises, primarily targeting markets in North America and Europe. By offering scalable solutions, Big Squid caters to end users who require robust analytics capabilities to navigate complex data landscapes effectively.Big Squid generates revenue through a combination of subscription-based models and direct partnerships with organizations seeking data-driven insights. Transactions typically involve clients subscribing to Big Squid's software platforms on an annual or monthly basis, which grants them access to premium features and ongoing support. The pricing structure accommodates various business sizes and needs, with tiered plans ensuring flexibility and scalability. Additionally, Big Squid establishes partnerships with other firms to enhance their service offerings, enabling customers to integrate analytics seamlessly into their existing workflows. This collaborative approach broadens Big Squid's reach and reinforces its commitment to delivering value through innovative analytics solutions.In September 2021, Big Squid was acquired by QlikTech International A.B., which aims to enhance their AutoML augmented analytics capabilities. The acquisition is expected to expand their offerings in key driver analysis and predictive analytics. With this transition, Big Squid will utilize its recent funding to innovate and develop new products, further enhancing its analytics capabilities. The focus will also be on expanding into new geographic markets to broaden its client base, although specific regions and timelines have not been disclosed.

## Funding rounds

- Series A, Nov 7, 2018, $9M — Signal Peak Ventures, Kickstart, Silverton Partners, Lewis & Clark Ventures
- Series A, Aug 8, 2017, $6M — Signal Peak Ventures, Kickstart, Silverton Partners
- Seed, Mar 20, 2017, $3M — Kickstart, Silverton Partners

## Investors

- Kickstart (https://capitalatlas.ai/funds/kickstart) — Seed, Series A
- Silverton Partners (https://capitalatlas.ai/funds/silverton-partners) — Seed, Series A
- Signal Peak Ventures (https://capitalatlas.ai/funds/signal-peak-ventures) — Series A
- Lewis & Clark Ventures (https://capitalatlas.ai/funds/lewis-clark-ventures) — Series A