Warwick Analytics secures £700k seed investment from Blackfinch Ventures
Blackfinch Ventures has provided £700k in seed funding to support the expansion of the text analytics platform.
Warwick Analytics is an artificial intelligence data spin out from the University of Warwick that delivers text analytics for contact centres. The firm uses machine learning to process unstructured datasets and customer reviews.
Warwick Analytics has secured £700k in a seed investment round led by Blackfinch Ventures. The funding will support the company as it advances its machine learning platform and expands its market presence.
The London based firm originates as a spin out from the University of Warwick, offering automated text analysis tools designed to interpret sentiment and context in customer service datasets. Clients in sectors including retail, finance and hospitality use the technology to improve customer satisfaction metrics and resolve operational issues.
Blackfinch Ventures participates in the funding as part of its focus on early stage technology companies. The investor aims to provide strategic support alongside capital to help growing enterprises scale their operations.
From the founder
"As we move the proposition forward, we need larger institutions with deeper pockets and richer networks. Blackfinch really understands where we are in our lifecycle and has the financial clout, expertise and connections to help take us to the next level."
Dan Somers
CEO at Warwick Analytics
Investor perspective
"We were highly impressed with the experienced and dedicated team at Warwick Analytics and are looking forward to being part of its rapid growth and market expansion in the future."
Reuben Wilcock
Head of Ventures, Blackfinch Ventures
Investors
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About the company
Warwick Analytics
Warwick Analytics delivers artificial intelligence based text analytics for contact centres using proprietary machine learning.