# DataStories International NV

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/datastories-international

- Industry: Software
- Headquarters: Belgium
- Website: www.datastories.com
- Total disclosed funding: $2.6M
- Latest round: Series A (Jul 3, 2018)
- Investors on record: 1

## About

DataStories International NV offers advanced prescriptive analytics solutions that optimize operational efficiency. Their technology empowers businesses to leverage data for improved decision-making across various industries, including manufacturing and food production.Founded in 2011 in Belgium, DataStories International NV specializes in analytics solutions that assist industries in deriving actionable insights from data. The company has undergone strategic adjustments throughout its history and is not known to be a subsidiary or parent of any other firm. It has raised EUR 2.2 million in a Series A funding round led by Newion Investments on July 3, 2018, with a total funding amount matching this round. The company has completed three deals to date.DataStories specializes in providing end-to-end prescriptive analytics solutions designed to enhance operational efficiency across various industries. Their flagship product, the DataStories Platform, integrates advanced machine learning algorithms and real-time optimization capabilities, enabling clients to extract actionable insights from their vast data sets. This platform is particularly beneficial for sectors such as manufacturing, cosmetics, food production, and the chemical industry, where it addresses challenges like process optimization, product formulation, and predictive analytics. The company also offers a DataStories Library tailored for users of Jupyter and Python, further facilitating data analysis. DataStories serves a diverse client base, including corporations like Barry Callebaut, Givaudan, and BORIT, and operates primarily in European markets, with a focus on industries that require sophisticated data-driven decision-making solutions.In the most recent fiscal year of 2020, DataStories generated revenue amounting to EUR 673,408.1 with an EBITDA of -EUR 486,729.7, underscoring the financial dynamics during this period. The company primarily conducts business-to-business transactions, providing subscription-based access to its analytics platform alongside tailored consulting services.Following the Series A funding round in July 2018, DataStories International NV plans to utilize the EUR 2.2 million investment to enhance its product offerings and support expansion into new markets. The company is actively developing upcoming features for its analytics platform, targeting broader adoption in sectors that rely on data-driven solutions. Future expansion will focus on specific European markets, aiming to increase their client base and operational footprint significantly by 2023.

## Funding rounds

- Series A, Jul 3, 2018, $2.6M — Newion Investments

## Investors

- Newion Investments (https://capitalatlas.ai/funds/newion-investments) — Series A