Series B20 May 2019

PROWLER.io raises $24m in Series B funding to scale its decision making AI platform

The company secured a $100m valuation in a round backed by investors including Tencent, Pearson, and Mandatum Life.

$24.0MSeries B

PROWLER.io develops an artificial intelligence platform for decision making that processes real time data in complex environments. The Cambridge based business combines mathematics, engineering and economic theory.

PROWLER.io has secured $24m in a Series B funding round from a syndicate of new and existing investors, pushing its valuation to $100m. The capital will be directed towards product development and expanding the reach of its VUKU decision platform into sectors such as finance, logistics and education.

The investment draws backing from notable participants including Tencent, Pearson, Mandatum Life and RB Capital, alongside several venture capital firms. The company plans to use the proceeds to support ongoing growth and technical scaling.

Founded in 2016, the Cambridge based firm employs a team of mathematicians and engineers focused on real time, data efficient machine intelligence. This latest injection of funds underscores growing confidence in its unique approach to enterprise AI.

From the founder

"This investment is a huge sign of confidence in our efforts to be at the forefront of how enterprises use machines"

Vishal Chatrath

CEO at PROWLER.io

Investor perspective

"RB Capital has been making a number of strategic investments in cutting edge, transformational technologies that will revolutionise how we understand consumers in the business of real estate, hospitality and retail. Implementation of the VUKU engine will ensure we lead efficiency, stay relevant and remain at the helm of emerging business and consumer trends."

Kishin RK

CEO, RB Capital