ScoreData, a Palo Alto, CA-based provider of an innovative predictive solutions development and deployment platform, closed a Series A financing round of undisclosed amount.
Impact Venture Capital, a Silicon Valley venture firm with offices in Burlingame, and Sacramento, CA, led the round while existing investors RecruitGroup, and Asha Jadeja Motwani participated.
The company intends to use the funds to continue to expand operations and its business reach.
Led by Vas Bhandarkar, CEO, ScoreData provides companies in the financial services, insurance, and healthcare markets with predictive applications driven by its ScoreFast AI/ML platform to anticipate customer needs, and offer more personalized solutions to their customers. The company has customers in the US, Japan, and India.