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PREDICTIVA RAISES €2.6M TO DEVELOP ITS TECHNOLOGY WORLDWIDE


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BY : Diego GutiérrezSeptember Tue, 2019

Predictiva, an Andalusian company dedicated to artificial intelligence, has recently raised €2.6M to continue its growth strategy and expand into the US and Latin America.

Today, 92% of business-to-customer interactions take place over the telephone, and only 1% are reviewed manually, but the technology of Predictive is based on machine learning and natural language processing to identify these contexts and transform them into useful data that companies can analyse to improve their customer relationship processes.

The company, which was launched in 2016 with the support of the Andalusian Performance Centre in Marbella, formulates a disruptive proposal in the Speech Analytics market, with a voice technology applied to the call centre capable of monitoring and auditing calls to identify whether the customer has been satisfied or whether the incident has been resolved correctly.

Precisely because of its technology, it has just raised 2.6M€ in what has been its first financing round. This capital injection has been led by the Spanish-Israeli asset management company Swanlaab Venture Factory junto a Sabadell Venture Capital and European R&D&I funding programme Horizon 2020and aim to to undertake the ambitious plan to Predictive to USA and Latin America.

In 2018, it was also the winner in the startup category at the Andalucía Emprende awards in Malaga, and this year it was awarded best Fintech Startup in Spain and Portugal in the final phase of the twelfth edition of the Andalucía Emprende awards. Entrepreneur XXI Awards, driven by Caixa BankThis has allowed him to travel to Silicon Valley and learn first-hand about the day-to-day workings of the most pioneering technology companies in the area.

OTHER RELEVANT OPERATIONS IN THE PREDICTIVE SECTOR

FINTONIC

Recently, the personal finance app Fintonichas been able to raise 21.4M$ in a Series C round of funding led by ING Ventureswhich owns 22% of the company's shares, but which has also been backed by other important shareholders such as the PSN group.

With this application, users can better control their finances, meet their financing needs and therefore make savings.

In the last 14 months, the company has seen its active users grow by 74% to 700,000, as well as 2.8 million downloads.

PAGANTIS

The matrix of Pay + Late, Pagantishas just made history in Spain by closing a financing round of 65M€This is a modality to which only companies that have already consolidated their business model, and whose main objective is expansion, can aspire.

This new capital, in which the following have participated Prime Ventures, SPF Investment Managementand Rinkelberg Capital Group, shall be used to developing the e-commerce consumer credit model in Italy, Portugal and France. In fact, although the firm has been established in Spain since its foundation, it has already opened a branch in Milan.

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