# DecisionNext

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/decisionnext

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.decisionnext.com
- Total disclosed funding: $8.8M
- Latest round: Series A (May 29, 2019)
- Investors on record: 5

## About

DecisionNext, Inc. is a technology company that leverages advanced AI-driven analytics to enhance decision-making for stakeholders in the commodities market, particularly within the natural resources and agriculture sectors.Founded in 2013, DecisionNext, Inc. is based in San Francisco, US, and focuses on providing AI solutions for improved decision-making in commodity transactions. The company has executed 2 deals to date, with its most recent significant funding round occurring on May 29, 2019, when it raised USD 6.82 mn in SERIES A funding led by Dalus Capital. The company is co-founded by Graeme Stanway and Mike Neal, who also serves as the CEO.DecisionNext offers a sophisticated AI-driven platform designed to enhance decision-making in the buying and selling of commodities within the natural resources and agriculture sectors. The platform provides a suite of tools that utilize advanced analytics and curated AI-forecast models to improve forecast accuracy, quantify risk, and ensure consistency in decision-making. These tools enable businesses to access dynamic data rapidly and combine it with their internal insights, empowering organizations to make informed decisions regarding both traded and non-traded commodities. The primary client base includes stakeholders in the meat, agricultural, mining, and natural resource industries, focusing on markets in North America, Europe, and parts of Asia. The DecisionNext platform has been developed in collaboration with customers to integrate user expertise directly into its algorithms, ensuring that the solutions are tailored to real-world applications.DecisionNext generates revenue through a subscription-based model, offering various tiered pricing plans that cater to the specific needs of its clients. Clients typically engage with the platform through annual or monthly subscriptions, granting access to its comprehensive suite of analytical tools and forecasting capabilities. The company has established strategic partnerships, particularly with AWS, enhancing its market presence and service offerings. By leveraging its proprietary models, such as those tailored for specific commodities like beef and pork, DecisionNext facilitates enhanced decision-making processes for businesses, creating a recurring revenue stream from its B2B relationships. While specific pricing details are confidential, the business model emphasizes long-term value and collaboration with industry leaders to optimize decision-making within fluctuating markets.Following the recent SERIES A funding of USD 6.82 mn raised on May 29, 2019, DecisionNext plans to utilize the capital to further develop its AI-driven platform and expand its product offerings. The company is also targeting growth into new geographic markets, specifically looking to enhance its presence in regions across Asia and Europe by the end of 2023. Additionally, DecisionNext aims to design and launch new tools that cater to emerging needs in the commodities market, further optimizing decision-making processes for its clients.

## Funding rounds

- Series A, May 29, 2019, $6.8M — Dalus Capital
- Seed, Feb 6, 2015, $2M — Band of Angels, The Angels' Forum, Azure Capital Partners, Rally Ventures

## Investors

- Band of Angels (https://capitalatlas.ai/funds/band-of-angels) — Seed
- The Angels' Forum (https://capitalatlas.ai/funds/the-angels-forum) — Seed
- Azure Capital Partners (https://capitalatlas.ai/funds/azure-capital-partners) — Seed
- Rally Ventures (https://capitalatlas.ai/funds/rally-ventures) — Seed
- Dalus Capital (https://capitalatlas.ai/funds/dalus-capital) — Series A
