# Nous Machine Learning

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nous-machine-learning

- Industry: Software
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.pecan.ai
- Total disclosed funding: $116M
- Latest round: Series C (Feb 2, 2022)
- Investors on record: 7

## About

Nous Machine Learning Ltd., based in Israel, specializes in developing a no-code predictive analytics platform that enables organizations to create predictive models from their data without needing advanced technical skills.Founded in 2016, Nous Machine Learning Ltd. operates out of Tel Aviv-Yafo, Israel, offering innovative solutions in predictive analytics. The company has successfully raised USD 66.00 mn in its Series C funding round on February 2, 2022, led by Insight Partners, with involvement from several notable investors including Dell Technologies Capital and GV. Zohar Bronfman, one of the founding members, currently serves as CEO, contributing to the company's strategic direction.Pecan AI offers a no-code predictive analytics platform designed for data leaders, business intelligence analysts, and marketers. The platform allows users to convert historical event-level data into actionable predictive models without requiring machine learning or coding skills. Pecan integrates seamlessly with cloud data warehouses such as Snowflake, BigQuery, Redshift, and Databricks, facilitating customer churn modeling, demand forecasting, fraud detection, and campaign optimization. It automates data preparation and feature engineering to simplify the modeling process, serving a diverse clientele across North America and Europe.Pecan AI operates on a subscription-based revenue model tailored for enterprises. Clients access the predictive analytics platform under agreements that allow model creation and deployment based on their historical data. This model is designed for easy integration into business processes, with users reporting measurable ROI or cost savings within the first quarter. The pricing structure is straightforward and aims to provide enterprise-grade automation at a cost lower than hiring comparable data science resources, fostering trust with clients through a commitment-free approach.In February 2022, Nous Machine Learning Ltd. raised USD 66.00 mn in Series C funding, which will be directed towards scaling its global presence and enhancing the research and development of its low-code predictive modeling platform. The company aims to expand into new markets, particularly focusing on North America and Europe, to increase its footprint. Upcoming products are expected to enhance the platform's capabilities, although specific launch dates have yet to be disclosed.

## Funding rounds

- Series C, Feb 2, 2022, $66M — Insight Partners, Granite Asia, Vintage Investment Partners, GV, Mindset Ventures, Dell Technologies Capital, S Capital VC
- Series B, May 5, 2021, $35M — Granite Asia, Vintage Investment Partners, Mindset Ventures, Dell Technologies Capital, S Capital VC
- Series A, Jun 1, 2020 — Mindset Ventures
- Series A, Jan 28, 2020, $11M — Dell Technologies Capital, S Capital VC
- Seed, Apr 10, 2018, $4M — S Capital VC

## Investors

- S Capital VC (https://capitalatlas.ai/funds/s-capital-vc) — Seed, Series A, Series B, Series C
- Dell Technologies Capital (https://capitalatlas.ai/funds/dell-technologies-capital) — Series A, Series B, Series C
- Mindset Ventures (https://capitalatlas.ai/funds/mindset-ventures) — Series A, Series B, Series C
- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Series B, Series C
- Vintage Investment Partners (https://capitalatlas.ai/funds/vintage-investment-partners) — Series B, Series C
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series C
- GV (https://capitalatlas.ai/funds/gv) — Series C