We are delighted to announce that Volution portfolio company Signal AI has secured $50m in Series D funding.
Founded in 2013, Signal AI is a global decision augmentation company which turns the world’s data into knowledge, empowering business leaders to make informed and confident decisions. It is one of the world’s fastest growing AI businesses.
James Codling, Managing Partner of Volution commented, “We are pleased to have been a part of this round of investment alongside Highland Europe, abrdn, Redline and MMC. Congratulations to David and the team at Signal AI who are building the category leader in this space. We look forward to working with them as they execute on their vision for the decision augmentation category that they are helping to define.”
The investment will be used to further Signal AI’s already world class R&D and scale operations in the US.
Hear David Benigson, CEO of Signal AI, talk more about his business and the investment here.