# Pelucid

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

- Industry: Software
- Headquarters: London, UK
- Website: www.growthintelligence.com
- Total disclosed funding: $5.6M
- Latest round: Series A (Dec 10, 2018)
- Investors on record: 3

## About

Pelucid Ltd. provides a data analytics platform designed to enhance business decision-making through machine learning and artificial intelligence, offering insights into customer behavior and market trends.Pelucid Ltd. is a data analytics company founded in 2013 and headquartered in London, UK. It focuses on delivering insights through machine learning and artificial intelligence to improve business decision-making. The firm has raised a total of GBP 1.94 mn across multiple funding rounds, including a recent Venture Debt round of GBP 1.5 mn from Shard Credit Partners in August 2022. The CEO of Pelucid Ltd. is Thomas Gatten, who has a history of founding other companies in the tech sector.Pelucid Ltd. specializes in providing an advanced data analytics platform that helps clients improve their business decision-making. The core offerings leverage machine learning and artificial intelligence to provide insights into customer behavior, market trends, and competitive landscapes. Their solutions are tailored for marketing departments, sales teams, and business strategists across various industries, with clients spanning the United States, United Kingdom, and Europe.Pelucid Ltd. operates on a subscription-based revenue model, allowing clients to access its analytics platform for a recurring fee. This model encourages ongoing customer engagement and facilitates continuous updates. Clients can choose from various service tiers based on their data needs and usage levels, catering to both small enterprises and large corporations. The firm's services aim to provide actionable insights that enhance customer acquisition and retention strategies.Pelucid Ltd. plans to utilize the GBP 1.5 mn raised from its most recent Venture Debt funding in August 2022 to support the expansion of its sales team, enhance product development, and facilitate entry into new markets in the coming year. Specific geographic regions targeted for expansion include additional markets within Europe and North America, with the goal of establishing a stronger presence by the end of the next fiscal year.

## Funding rounds

- Series A, Dec 10, 2018, $2.5M — MMC Ventures, 24Haymarket
- Series A, Feb 12, 2015, $3.1M — MMC Ventures, 83 North

## Investors

- MMC Ventures (https://capitalatlas.ai/funds/mmc-ventures) — Series A
- 83 North (https://capitalatlas.ai/funds/83-north) — Series A
- 24Haymarket (https://capitalatlas.ai/funds/24haymarket) — Series A
