Pitchly, a no-code data analytics platform, raised USD 7 million in Series A funding led by Homegrown Capital, with participation from Launch Fund, Syndicate, Next Level Ventures, ISA Ventures, Great North Ventures, M25, and Cabra.vc. This round brings the company’s total funding to USD 8.8 million.
The company plans to use the funding to expand its sales and marketing team and to develop its product offering.
Pitchly offers a data science platform that enables enterprises to centralize data for real-time content and document generation. The platform provides a drag-and-drop interface as well as a rule builder for users to manage data collection, integrations and approvals, connect data sources, and design content templates. Additionally, users can also create and upload live data-driven content to documents, APIs, and third-party partner products such as Templafy, Williamslea, and Upslide.
Analyst Quicktake: Pitchly offers a similar solution to Savant Labs , which raised USD 11 million in seed funding earlier this month. The company not only faces competition from early-stage startups like Savant Labs, but also from established disruptors like Airtable and y42 . However, the company aims to distinguish itself by enabling users to design content templates using their own data sources.
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