Akooda Raises $11M to Scale World’s First Operations Intelligence Platform to Help Companies Make Faster Decisions

Akooda, the world’s first Operations Intelligence platform, today announced $11 million in seed funding from NFX, Atlassian Ventures, Village Global, Founder Collective, and others. Akooda’s platform leverages artificial intelligence to effectively locate, access, and analyze critical data scattered across an organization - and help solve business challenges in real-time. The company plans to use the funding to further develop its product suite and expand its customer base.

Companies’ Problem: Disparate Systems Make Decision-Making Slow, Laborious and Incomplete

Companies face significant challenges in managing and understanding their vast amounts of data stored across disparate systems. Much of an employee’s workweek is wasted searching for internal information or tracking down colleagues who can help with specific tasks. These barriers hamper operational efficiency and waste company time and precious resources. To solve this, Akooda streamlines data discovery, analysis, and reporting - based on the tools already used today - to save time and drive better business results.

“In this new era of AI, companies need to move FAST in order to survive,” explained Pete Flint, General Partner of NFX. “Akooda gives companies an unfair advantage by providing unique insights securely and privately based on their entire digital footprint in just a few seconds.”

Akooda’s Solution: AI-Powered Insights Engine

Akooda’s AI-driven solution leverages advanced natural language processing, machine learning, and statistical modeling techniques to swiftly and accurately identify relevant data within an organization’s ecosystem. Akooda’s engine breaks down every unit of work from the tools companies already use, and connects the dots so that everyone - across all business units and disciplines - can speak the same language. With just a few clicks, management can understand the status of any project, identify which KPIs drive profit, and focus on what truly moves the needle.

“Akooda’s biggest innovation is that - with minimal overhead - companies can now gain key insights to questions they ask every day, including resource allocation, trending topics, summarizing information from code, CRM, and customer interactions. This is the first time a company can get a complete view of all their core business elements, the processes, people, customers and resources that ARE their business” stated Yuval Gonczarowski, CEO and Founder of Akooda. “We’re thrilled to partner with these incredible investors to bring our platform to more leading companies”

Akooda’s platform integrates with nearly every major SaaS product including Salesforce, Atlassian, Google Suite, Microsoft 365, Dropbox, Monday, Figma, Zendesk, Slack, Hubspot, Github, Hibob, Notion, Asana, Zoom, Intercom, Box, Okta, Linear, and more. It employs a security and privacy-first mindset that is SOC-2 compliant and never stores any raw customer data.

Peter Lenke, Head of Atlassian Ventures, added: “We’re impressed with Akooda’s engine and algorithms, especially because they are able to understand large amounts of unstructured data and create meaningful AI-powered insights, without storing anything locally. This makes it easier for everyone to find and focus on the ‘needle in the haystack’ when users have questions about what is happening across their organization. We are excited about how Akooda unlocks greater efficiency and transparency for Atlassian’s 200,000+ cloud customers.“

To learn more and demo Akooda, please visit: www.akooda.co

About Akooda:

Akooda is the world’s first Operations Intelligence platform, giving companies a complete understanding of their internal knowledge base. Founded in Boston Massachusetts, the company’s platform is already being used by the world’s leading digital organizations including Fortune 500 companies to make decisions faster.

The company is backed by leading VCs including NFX, Atlassian Ventures, Village Global, Founder Collective, Flybridge Capital, Argon Ventures, New Era Capital, Two Lanterns, and Oceans Ventures, as well as several leading industry experts.

Learn more at www.akooda.co

Contact Information

Riley Munks

Media Contact

NFX for Akooda

info@akooda.co