New York-headquartered strategic data and analytics firm USEReady has received growth capital from Boston based Abry Partners. The company has a variety of solutions built around visual analytics, cloud data, AI/ML and engineering services and provides the right kind of support to the modern CDO (Chief Data Officer). Abry Partners has media, communications, business, and information services since it was founded in 1989 and has emerged as one of the most experienced private equity firms investing in North America and Europe.
"We have been able to grow over 55% in our order book, and we felt the timing is right to bring on a reputed institutional partner who understands scale. With this capital round, USEReady will be able to accelerate our plans of Practice Growth, Geography Expansion and Global Delivery," said Uday Hegde, CEO at USEReady.
Anders Bjork, Partner at Abry Partners, added that Abry is quite selective about the partners it invests in. They invested in USEReady as it has "highly differentiated offerings, strong culture with humility and customer-centricity." He added that USEReady provides end-to-end solutions that help customers navigate complex challenges in legacy modernisation, data monetisation, data governance and security, along with migration from on-prem to cloud.
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