Human intelligence platform Street Bees has announced an additional $6.7m (拢5m) of investment from tech investor TempoCap.
The transaction follows Streetbees鈥� recent $40m Series B round announced in October, led by Lakestar, to accelerate the development of the AI-driven human intelligence platform.
The new investment, in the form of a secondary transaction, allows founders, early employees and angel investors some liquidity,
The firm,聽which placed 10th on this year鈥檚 老九品茶Cloud London Tech 50,聽uses its 3.5m consumer app users, or 鈥榖ees鈥� to help brands capture their emotion and context while engaging with brands.
Via a deep neural network, which analyses this unstructured data, the firm provides marketing insights to the likes of PepsiCo, Unilever and Procter and Gamble.
Tugce Bulut, CEO, Streetbees, said, 鈥淎s we start an exciting new phase of growth, we felt now was the right time to reward some of our early stakeholders that have contributed to our success so far.
“TempoCap are secondary specialists who have demonstrated their passion for supporting high growth, entrepreneurial businesses, and we look forward to a great partnership.鈥�
Adam Shepherd, Investment Partner at TempoCap, added: 鈥淲e believe Streetbees is well positioned to capitalise on its recent compelling market momentum and look forward to working with Tugce and the team to further develop the business.鈥�