Evolution Equity Partners led the seed round with backing from AlbionVC, Cambridge Enterprise, and Mastercard.
"We are thrilled to be working with a group of investors that share our view that the world is rapidly entering into a period of regulatory uncertainty, requiring interoperable content to power the next generation of regulatory applications for the digital economy,"
YFM Equity Partners backed the text analytics platform through its managed British Smaller Companies Vcts.
"With an ever-increasing amount of data available to businesses, many are struggling to make sense of this valuable information. This can prove vital in understanding what is causing business outcomes, and what can be done to change them. Our platform is able to rapidly analyse millions of words and compare them across a range of variables to highlight the critical differences in consumer language, helping to explain market trends, customer behaviour and provide actionable insight including making communication more effective with target audiences."
The Series C financing was led by Insight Partners with participation from the International Finance Corporation and WndrCo.
"I’ve been speaking with Sachin from the early days of Builder.ai and have witnessed how he and the team have built something very special. By truly democratizing access to complex software, Builder.ai is set to disrupt the core of how applications are built,"