What is Entropik?
Founded in 2016 and headquartered in India, Entropik Tech operates as a leading AI-powered Integrated Market Research company. It empowers research, marketing, and product teams to adopt a more continuous, collaborative, agile, and scalable approach to capturing user feedback. By democratizing research and insights data across organizations, Entropik aims to streamline the product development and market understanding processes, making advanced analytics accessible to a broader range of business functions.
How much funding has Entropik raised?
Entropik has raised a total of $25M across 1 funding round:
Series B
$25M
Series B (2023): $25M with participation from Alteria Capital, Bessemer Venture Partners, SIG Ventures, and Trifecta Capital
Key Investors in Entropik
Alteria Capital
Alteria Capital is India's leading venture debt fund, supporting innovative startups with customized financial solutions to fuel growth and preserve founder ownership. Their sector and stage agnostic approach focuses on startups with strong leadership and scalability.
Bessemer Venture Partners
Bessemer Venture Partners is a prominent venture capital firm with a long history, established in 1911, and offices across key global innovation hubs including India.
Trifecta Capital
Trifecta Capital is a leading Indian alternate financing platform providing venture debt and growth equity, supporting startups throughout their lifecycle with a focus on optimizing capital structure and growth.
What's next for Entropik?
The recent major enterprise-level funding, specifically a Series B round, indicates that Entropik Tech is likely in a scaling phase, focusing on expanding its market reach, enhancing its AI capabilities, and potentially growing its team. This strategic investment will enable the company to further develop its platform, acquire new customers, and solidify its position as a leader in the AI-driven market research space. Future growth may involve deeper integration into enterprise workflows and the development of new analytical tools to meet evolving market demands.
See full Entropik company page