- Insider PTE recently announced it raised $121 million. These are the details.
Insider PTE – a Turkey-based artificial intelligence company – recently announced it received $121 million in Series D funding, bringing the total valuation to $1.2 billion. This funding round was from the Qatar Investment Authority. Plus Sequoia Capital Operations LLC, Riverwood Capital LLC, Wamda Capital, Endeavor Catalyst Inc., Esas Holding AS, and 212 Capital Partners also contributed to the round.
Launched in 2012 by Cilingir, Serhat Soyuerel, Arda Koterin, Sinan Toktay, Okan Yedibela, and Muharrem Derinkök, Insider essentially enables marketers to connect customer data across various channels. Insider’s network utilizes artificial intelligence for predicting consumer behavior. The company’s clients include Toyota and Vodafone.
The new round of funding will be used for expanding into the U.S. following growth in Asia, Europe, and Latin America.
