Self-serve business intelligence (BI) platform Zenlytic announced the successful closing of a $9 million Series A funding round. M13 led this funding round with participation from new and existing investors, including Bain Capital Ventures, Primary Ventures, Company Ventures, Correlation Ventures, 14 Peaks, and several strategic angel investors.
What does Zenlytic do? Zenlytic challenges the limitations of legacy business intelligence by providing a forward-looking approach to data analysis. Traditional BI typically requires a blend of deep analytics skills and domain expertise to uncover valuable insights- skills that just 11% of people say they possess. So many organizations operate with an unclear view of the world.
Zenlytic’s platform features Zoë, which is an advanced AI data analyst that extends beyond the role of a copilot or a simple text-to-SQL tool. And Zoë is an autonomous data agent capable of answering complex, high-value questions. With full access to the platform’s suite of BI functionalities, Zoë enables users to extract actionable insights from their data effortlessly.
This capability is driven by Zenlytic’s cognitive layer-an automated data model, ensuring consistent calculations, robust security, and data governance. And by streamlining the path to insights, Zenlytic enables rapid data-driven decision-making, helping organizations see the world more clearly and creatively.
This funding will primarily be allocated to develop Zenlytic’s engineering capabilities further, accelerate product innovation, and expand its market reach. And this strategic investment will also support the platform’s commercial operations, enabling Zenlytic to better serve its diverse customer base.
KEY QUOTES:
“This is a huge milestone for Zenlytic as we advance our mission to democratize data analytics. We’re excited to partner with M13 and other investors to scale our engineering and commercial teams. The world needs an analytics platform that people can actually use.”
- Ryan Janssen, CEO and co-founder at Zenlytic
“We are excited to partner with Zenlytic on its journey to redefine how organizations harness the power of data and deliver across the organization seamlessly. Zenlytic’s commitment to innovation and user-centric design aligns perfectly with our investment philosophy, and we look forward to supporting their continued growth and success.”
- Karl Alomar, M13’s Managing Partner
