Digital Reasoning Systems

SoftwareSeries DFranklin, US

Latest round

Series D

Last raised

Feb 2019

Total raised

$98M

Investors

12

About Digital Reasoning Systems

Founded in 2000 and headquartered in Franklin, US, Digital Reasoning Systems, Inc. specializes in AI-driven solutions for data analysis. In November 2020, Smarsh, Inc. acquired Digital Reasoning Systems, Inc. Post acquisition, Digital Reasoning was fully absorbed into Smarsh’s product stack. Digital Reasoning specializes in advanced artificial intelligence and machine learning solutions primarily focused on natural language processing (NLP). Their core offerings enable organizations to analyze and interpret large volumes of unstructured data, thereby extracting actionable insights for various applications, including compliance, risk management, and customer engagement. The company’s flagship technologies are designed to assist sectors such as finance, healthcare, and government in enhancing decision-making processes and improving operational efficiency. Digital Reasoning’s solutions cater to a diverse client base, including major financial institutions and government agencies, primarily targeting markets in North America, Europe, and Asia-Pacific. By providing tools that facilitate deep data analysis, Digital Reasoning aims to address complex challenges related to data security, regulatory compliance, and operational intelligence. Digital Reasoning generates revenue through a subscription-based model, offering its products and services under various pricing plans tailored to meet the needs of different clients. Clients typically engage in multi-year contracts, which allow for ongoing access to the company’s suite of AI-driven tools and support services. The structure promotes long-term partnerships, ensuring that clients benefit from continuous updates and enhancements to the technology. Revenue is derived primarily from B2B transactions, with financial institutions and government entities being the predominant users of their solutions. Additionally, the company may offer tiered pricing options based on the scale of deployment and specific service levels, allowing customers to select plans that align with their operational requirements.

Who invested in Digital Reasoning Systems

12 investors across 5 rounds

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Funding rounds

  1. Series D

    Feb 13, 2019

    Amount

    Undisclosed

    Investors

    Locked

  2. Series D

    Mar 19, 2018

    Amount

    $30M

    Investors

    Locked

  3. Series D

    May 3, 2016

    Amount

    $40M

    Investors

    Locked

  4. Series C

    Oct 9, 2014

    Amount

    $24M

    Investors

    Locked

  5. Series B

    Dec 6, 2011

    Amount

    $4.2M

    Investors

    Locked

Questions about Digital Reasoning Systems

Who invested in Digital Reasoning Systems?

Digital Reasoning Systems has 12 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Digital Reasoning Systems raised?

Digital Reasoning Systems has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Digital Reasoning Systems last raise money?

Digital Reasoning Systems's most recent round on record is a Series D, in Feb 2019.

What does Digital Reasoning Systems do?

Founded in 2000 and headquartered in Franklin, US, Digital Reasoning Systems, Inc.

Where is Digital Reasoning Systems headquartered?

Digital Reasoning Systems is headquartered in Franklin, US.

Which VCs invest in companies like Digital Reasoning Systems?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Digital Reasoning Systems's stage. Their profiles are linked below.

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