# Neumann

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

- Industry: Internet
- Headquarters: Paris, France
- Website: www.neumann.ai
- Total disclosed funding: $1.5M
- Latest round: Series A (Oct 1, 2015)
- Investors on record: 1

## About

Neumann specializes in a data engineering platform that harnesses artificial intelligence, machine learning, and data analytics to transform raw data into actionable insights, aiding businesses in informed decision-making and strategic marketing.Founded in 2014 and headquartered in Paris, France, Neumann provides innovative data solutions. The company has undergone strategic pivots to enhance its offerings. Led by CEO and founder Paul Tauk, who is noted for his entrepreneurial background, Neumann secured USD 1.5 mn in Series A funding in October 2015 from Middle East Venture Partners, marking its first investment round.Neumann AI specializes in a comprehensive data engineering platform that integrates artificial intelligence, machine learning, and data analytics. Their core offerings focus on transforming raw data into actionable insights through advanced data collection, mapping, and visualization techniques. This platform empowers businesses to streamline decision-making processes and enhance marketing strategies by facilitating the efficient use of both structured and unstructured data. Neumann’s solutions are designed for a broad range of industries, enabling various organizational teams to access relevant insights swiftly—often within minutes—rather than days. The company serves a diverse client base across multiple geographical markets, including Europe, the Middle East, and North America, assisting businesses in achieving a competitive advantage through data-driven initiatives.Neumann AI generates revenue primarily through subscription-based models and direct partnerships with their clients, which encompass businesses seeking to leverage data for improved customer engagement and operational efficiency. The transactions typically involve clients subscribing to various tiers of access to Neumann’s platform, allowing for scalable use of data analytics and AI functionalities tailored to specific business needs. The service structure includes options for customized analytics solutions that align with individual client requirements. While specific pricing plans for their services are defined based on the complexity and scale of implementation, the focus remains on delivering value through enhanced customer journey mapping and predictive analytics capabilities. This transactional framework supports sustained revenue growth as clients increasingly recognize the importance of data-driven decision-making in their operations.Neumann is focused on developing new products that enhance data analytics capabilities, with anticipated launches in the upcoming year. The company plans to expand its footprint into new markets, specifically targeting the Asia-Pacific region by 2026. The recent Series A funding of USD 1.5 mn will be utilized to support these initiatives, including the development of innovative solutions and market entry strategies.

## Funding rounds

- Series A, Oct 1, 2015, $1.5M — Middle East Venture Partners

## Investors

- Middle East Venture Partners (https://capitalatlas.ai/funds/middle-east-venture-partners) — Series A