Based in London Fluenta data analytics platform, announced that it has raised $7.5 million (approximately €6.89 million) in a seed funding round led by Hoxton Businessan early stage venture firm based in London, and Tiferes Business.

Fluent makes it easy for teams to work together on data, avoiding confusion and friction by providing real-time collaboration and a shared data dictionary.

Clark Valberg, Managing Partner of Tiferes Ventures and co-founder of InVision, said: “Fluent enables a new paradigm of collaborative intelligence by democratizing real-time access to data-driven insights at all levels of the organization.”

“I believe this is the most significant strategic and cultural evolution that has occurred in the modern enterprise.”

Charles Seely, Partner at Hoxton Ventures, added: “In a data-driven world, today’s data analysis approaches are hurting companies, creating permanent bottlenecks in their organizations that slow everyone down and make decisions difficult.” “.

“Fluent’s approach is not only innovative, it is sorely needed and we are excited to be part of their journey in reshaping the way businesses interact with data.”

Capital utilization

Fluent plans to use the funds to accelerate development of its technology. Additionally, the funding will support the expansion of its team, particularly focused on recruiting artificial intelligence and machine learning experts across Europe.

Ian Weber, Partner at Bain & Company, said, “The Fluent platform has helped us leverage LLM to interrogate and provide insights from large and complex data sets.”

“Fluent enables our non-technical users to quickly get the answers they need efficiently and accurately, especially for questions that are too complex or specific for pre-built data dashboards. “We are excited to explore how Fluent can help our customers better access data and information in the future.”

“Ask data questions directly and gain instant insights”

Robert Van Den Bergh, CEO of Fluent, said: “On average, 40 percent of enterprise data teams’ time is spent answering questions from across the company.”

“Many of these questions are easy to answer thanks to the team’s data, but don’t use the deeper, more strategic analysis that can transform your business.”

“With Fluent’s natural language interface, we help members answer their data questions independently.”

smooth, powerful AI Data Analyst, non-technical strengths. Team members can ask questions in English directly to the details. This process provides information in seconds, freeing teams from the burden of manually handling ad hoc data requests.

Fluent AI is equipped to answer questions ranging from specific customer details to new feature releases and divisional financial performance. Over the past two years, the company has attracted iconic clients like Bain & Company to democratize data accessibility.

Cameron Whitehead, CTO at Fluent, added: “Our customers had adopted business intelligence tools, such as Tableau and Looker, expecting their non-technical team members to interrogate their own data, but they quickly discovered that these tools were too technical, making it “resulting in only a small percentage of team members actually use it.”

“Fluent is designed to serve team members who are not data experts,” Whitehead added.