A data processing听platform听founded by former data scientists at听JustEat听has raised 拢1.1 million.听
London-based听kleene.ai has been backed by听Episode 1,听Superseed and angel investors.听
It offers companies the ability to unlock the analytics value in their data without needing to hire data engineers.听
After launching in 2017, the company is already working with scale-ups like The Modern Milkman, Blue Light Card and VROMO.听
CEO Andrew Thomas is a听former Data Director at听notonthehightstreet.com and Head of Data Science at Just Eat.听
His co-founder Matt Sawyer, the start-up’s Chief Data Officer, is a former CDO at Trainline.com, Head of BI at Just Eat听and听Group Head of Data at听momondo.听
The duo听realised that companies incurred huge time and financial costs when making their data ready for analysis. That鈥檚 why they founded kleene.ai, to help companies leverage the value of the data that they collected.听
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The capital raised will be used to expand the team, deliver the product road map and to expand its array of data connectors.听
kleene.ai听claims to听improve a company’s speed to insight by 10x and save at least $50-80,000听per year on data engineering hires.听
鈥淢ost companies now realise that they can鈥檛 continue to compete without underpinning decision making with data but when looking to leverage a cloud data warehouse the choice they face is either outsource the processing of data to expensive agencies or hire data engineering and build this internally,鈥� said Thomas.听听
鈥�With our platform, businesses can put the power of data engineering in the hands of their analysts and achieve a massive acceleration in value in a much shorter time while retaining the valuable knowledge about their own business logic in-house.鈥�听
Simon Murdoch, Partner of Episode 1, added: 鈥�kleene听is a brilliant solution allowing the data analysts to build and maintain their own data warehouse from their company’s many sources of data.听听
鈥�Analysts can then focus their time on finding insights to transform the fortunes of their companies.听kleene听is a great investment not just for our fund but for all our portfolio companies.鈥�听