Paradata
Latest round
- Series A
Last raised
- Mar 2017
Total raised
- $10M
Investors
- 3
About Paradata
Paradata Inc.Founded in 2013, Paradata Inc. operates from its headquarters in San Jose, US, specializing in data-driven solutions for supply chain efficiency.io specializes in providing smart data solutions aimed at enhancing supply chain efficiency through its flagship product, PartRank™. This machine learning-based algorithm classifies and ranks component data according to critical attributes, enabling businesses to identify the most suitable parts within their supply chain. The platform also emphasizes data normalization and scoring through its proprietary adjudication algorithm, ensuring that businesses have access to current, comprehensive, and verifiable information crucial for informed decision-making. Paradata’s services are particularly beneficial for industries that rely heavily on component accuracy and traceability, including manufacturing and logistics sectors.io generates revenue primarily through B2B transactions, offering subscription-based access to its data-driven solutions to various enterprises. Clients engage with the company by adopting its PartRank™ platform, allowing them to integrate advanced data classification and ranking capabilities into their existing enterprise software and business intelligence tools via REST-based APIs. Revenue is structured around subscription tiers, which may include varying levels of access based on the number of users or volume of data processed.Paradata Inc. The company is currently designing new features for its PartRank™ platform, aiming for a release in the upcoming year. Additionally, Paradata is targeting expansion into the Asian markets by 2025, seeking to establish a presence in regions where supply chain optimization is increasingly critical.
Who invested in Paradata
3 investors across 2 rounds
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Questions about Paradata
Who invested in Paradata?
Paradata has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Paradata raised?
Paradata has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Paradata last raise money?
Paradata's most recent round on record is a Series A, in Mar 2017.
What does Paradata do?
Paradata is a software company.
Where is Paradata headquartered?
Paradata is headquartered in San Jose, US.
Which VCs invest in companies like Paradata?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Paradata's stage. Their profiles are linked below.
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