Vanti Analytics, a provider of AI-based no-code data science solutions, has raised USD 16 million in a Series A funding round led by Insight Partners with participation from True Ventures and MoreVC. This brings the company’s total funds raised to USD 22 million.
The company intends to utilize the funds for business growth, scaling operations globally, and developing its technology. The company also intends to double its headcount this year (from its current 25 employees).
Vanti Analytics is an Israeli startup offering scalable AI-based no-code data science solutions for manufacturers to build and deploy predictive models. The company pitches its offering toward a range of industries such as semiconductors, automotive, food, energy, and consumer goods. Its current customers include Seagate, Schneider Electric, NVIDIA, Genesis, Innoviz Technologies, and Lam Research, among others.
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