AI data analytics startup WisdomAI has raised $50 million in a Series A funding round led by Kleiner Perkins and NVentures. This follows a $23 million seed round six months ago. Co-founded by Soham Mazumdar of Rubrik, WisdomAI specializes in AI-powered analytics that utilize natural language to interpret business data, minimizing LLM hallucinations by employing LLMs solely for query writing and leveraging a proprietary 'enterprise context layer' for data comprehension.
Since late 2024, WisdomAI has expanded its enterprise customer base from 2 to 40, including notable clients like Descope and Cisco. The company has seen significant growth in client engagement, with some customers doubling their usage and others increasing seat numbers from 10 to 450. Additionally, WisdomAI has introduced real-time agent alerts for enhanced proactive monitoring.
WisdomAI Secures $50M Series A Funding Led by Kleiner Perkins and NVIDIA
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