People.ai completes $100m funding round
The funding round was co-led by Mike Dinsdale of Akkadian Ventures and Abdulla AlBanna of Mubadala Capital, and also included existing investors including ICONIQ Capital and Lightspeed Venture Partners.
People.ai was therefore valued at $1.1bn and will use the money raised to invest in sales and marketing tools such as SmartMatch and identity graph technology PeopleGraph and expand outside the US.
People.AI uses artificial intelligence to obtain insights from business activity including emails, meetings and contacts. The company recently acquired productivity app Hero Research.
Ankit Bhatia has also been hired as senior vice-president of engineering, and will join the company’s executive leadership team.
Bhatia previously worked for companies including Microsoft, Tableau and Looker.
Oleg Rogynskyy, chief executive of People.ai, said: “With this new round of investment, we will further enrich our SmartData platform to offer an increasing array of productivity-enhancing insights.
“We will expand geographically, making our solutions available to customers outside of North America.”

We hope you enjoyed this article.
Research Live is published by MRS.
The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.
Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.
For example, there's an archive of winning case studies from over a decade of MRS Awards.
Find out more about the benefits of joining MRS here.
0 Comments