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Technology

Posted on July 2, 2019 by staff

London AI analytics firm Over-C raises 拢5.5m

Technology

AI-powered analytics firm Over-C has raised 拢5.5m in investment.

The round, led by investment firm Ingenious, is designed to further the firms AI capabilities as it seeks to provide insights and decision making software to business.

It brings the total raised by the firm to 拢10m.

Operating across the UK, Ireland and the Netherlands, it provides its solutions to transport operators for rail and airports, shopping centres, stadiums and manufacturers.

It will also further invest in its customer experience and sales growth, and hopes to improve its positive environmental impact by significantly reducing greenhouse gas emissions from properties.

鈥淭his new round of investment provides us with a solid platform of capital to scale our business alongside our customers in what is a worldwide market,鈥 said Michael Elliott, Chief Executive Officer at Over-C.

鈥淎s demand for our solutions has increased, so has the need to continue accelerating our AI capabilities and address a rapidly growing international customer base.鈥

Guy Ranawake, Investment Director at Ingenious added: 鈥淥ver-C has created and developed a management tool designed to improve mobile and field-based business processes and remote workforce operations.

鈥淎s an active investor and manager, we are delighted to support this award-winning company, setting new standards for managing operational performance. We look forward to working closely with Over-C to delivering solutions at scale.鈥

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