Tellius, the AI-driven decision intelligence platform, announced recently that it has raised a $16M Series B funding led by Baird Capital. The recent capital raised brings the company’s total fundraising to $33 million to date.
Headquartered in Virginia, the company provides data-driven solutions for Fortune 500 companies and organisations across different industries that include CPG, eCommerce, pharmaceutical, banking, financial services, and insurance. In India, they have an office in Bengaluru.
The company leverages machine learning solutions to provide data-led business insights for organisations to improve their decision-making and gain a competitive advantage in a relatively short period of time.
In response to the funding, Tellius claims that it is aimed towards expanding the company’s go-to-market capabilities, and support talent acquisition across sales, marketing, and product engineering functions.
Addressing this, Ajay Khanna, founder and CEO of Tellius, said, “This recent round of funding from top investors is proof of our vision and ability to execute as more organizations seek strategic advantage and superior business outcomes from data”.
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