Episode 1 is a venture capital fund formed by experienced entrepreneurs and operators that invests in early stage business to business software companies.
The funding round was led by Episode 1 to support key senior hires and community expansion.
"The work of data scientists is especially important in the area of finance, where a single slip in rationality can lead to a devastating effect on the value of an investment portfolio. Algorithms don’t feel the emotional strain of a declining portfolio value, or make flawed decisions tainted by innate human biases. As a result, algorithmic decision making in financial markets has grown explosively in recent times."
The financing round was led by NEA with support from Oxford Capital and Episode 1 Ventures.
"Businesses are constantly seeking new ways to understand trends, grow in new markets, and explore innovations – however 99% of the questions businesses would love to explore go unanswered. Attest is designed to solve that, replacing the guesswork with facts, for all consumer businesses everywhere."
The funding round was backed by Episode 1 following previous angel investment.
"Our customers win and lose contracts based on the speed at which they can scale their workforce. They need the right people with the right skills in the right place, often at short notice. If they can’t find them quickly, it can cost them dearly. We created Pickr specifically to solve this problem,"