# NCS Analytics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ncs-analytics

- Industry: Software
- Headquarters: Denver, US
- Website: www.ncsanalytics.com
- Total disclosed funding: $11M
- Latest round: Series A (Oct 14, 2021)
- Investors on record: 1

## About

NCS Analytics, Inc. specializes in regulatory and compliance software-as-a-service (SaaS) solutions that provide actionable insights and streamline compliance monitoring for high-risk industries, particularly in cannabis.NCS Analytics, Inc. was founded in 2015 and is headquartered in Denver, US. The company provides regulatory and compliance solutions to assist financial institutions and regulatory agencies. In October 2021, NCS Analytics raised USD 11 mn in Series A funding led by Baseline Ventures. The firm has completed one deal to date, strengthening its financial backing to enhance its platform and expand its customer base.NCS Analytics specializes in regulatory and compliance software-as-a-service (SaaS) solutions designed to provide actionable insights and streamline compliance monitoring, primarily in the cannabis sector. Their core offering, the NCS Platform, leverages advanced analytics to facilitate monitoring and enforcement activities for regulators while aiding financial institutions in compliance needs. The platform allows users to perform thorough analyses of intricate datasets efficiently, significantly reducing the time for account reviews and compliance checks. NCS Analytics services a varied clientele, including regulatory agencies and financial institutions across the US, and provides expert support, implementation, and consulting services to optimize the use of their tools. Initiatives such as the NCS Transparency Project promote public data sharing to enhance industry awareness and compliance.NCS Analytics operates on a subscription-based revenue model, allowing clients to access the NCS Platform and its services. This model ensures continuous updates and support, improving clients' compliance and monitoring capabilities. The company generates revenue through partnerships with regulatory bodies and financial institutions that utilize the platform for real-time analytics and decision-making support. NCS Analytics offers various pricing tiers tailored to client requirements, delivering a customized experience based on specific compliance needs. Their flagship products, particularly the NCS Platform and related consulting services, are central to their revenue strategy, focusing on high-risk industries.In October 2021, NCS Analytics, Inc. raised USD 11 mn in Series A funding, which will be utilized to further develop the NCS Platform and expand its customer base. The company plans to introduce new products designed to enhance their platform's capabilities and is looking to penetrate additional markets, particularly focusing on regions with growing regulatory scrutiny in the cannabis industry. The funding will support these initiatives, enabling the firm to enhance its offerings and reach a wider clientele.

## Funding rounds

- Series A, Oct 14, 2021, $11M — Baseline Ventures

## Investors

- Baseline Ventures (https://capitalatlas.ai/funds/baseline-ventures) — Series A