Prevision.io investment from Upfront Ventures

Prevision.io welcomes the American VC to its capital

Enabling the expansion of artificial intelligence in companies, Prevision.io is accelerating internationalization with the opening of their new office in NYC.

Prevision.io is raising with American VC Upfront Ventures as well as its historical shareholders, Hi Inov and Netventure. The fundraising will mainly catalyze the commercial development including the establishment in the US.

Prevision.io offers an automated machine learning platform coupled with an algorithm marketplace. In other words, Prevision.io allows companies to facilitate the use of artificial intelligence and exert it on concrete cases related to their businesses.

Founded in 2016 by several of the best French data scientists, the SaaS editor has already integrated one of Garner’s Magic Quadrants, a strong mark of recognition worldwide.

The next phase consists of opening the NYC commercial office, hence the idea of soliciting American VCs in the fundraising process. “We have chosen the fund, Upfront, which allows us to address other markets than France, in particular the US and Asia, the co-founder of Prevision.io, Tuncay Isik, highlights. It was also important for us to work with funds that share the same technological DNA and has a genuine vision of the world transformation that technology enables.” The fund has among other things invested in Kyriba and Ynsect in France. “Upfront has the financial capacity to support us in our next phases of development”, the entrepreneur concludes.

At Upfront Ventures, Yves Sisteron, Investment Managing Partner,  considers that “The global democratization of these new data analysis technologies is key in order to increase the operational efficiency of business processes. With unique data science skills in France, we consider Prevision.io to be perfectly positioned to take advantage of these major transformations within large groups”.