Statt Secures $2.8 Million Seed Round to Scale its AI and Data SaaS Platform for Public Policy and Regulatory Insights and Analysis [Yahoo! Finance]
FTI Consulting, Inc. (FCN)
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Source: Yahoo! Finance
WASHINGTON and AUSTIN, Texas, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Statt Inc. , an innovative big data and artificial intelligence company for the public policy, regulatory, and strategic communications sectors, today announced it secured $2.8 million in seed funding. The round is led by Moneta Ventures, and includes participation from Clutch VC, Next Coast Ventures and NextGen Venture Partners. Statt's latest funding follows a $1.6 million pre-seed round led by NextGen in Nov. 2020, and will enable Statt to expand its sales, marketing, engineering, and machine learning teams to accelerate the development and deployment of its SaaS platform. Statt leverages cutting-edge AI, along with its proprietary global data stream of hundreds of millions of public policy documents to deliver real-time insights, streamline research processes and risk assessment, and enhance decision-making capabilities for large companies, professional services firms, government agencies, and smaller policy org
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