What is Noogata?
Founded in 2019 and headquartered in Tel Aviv, Noogata specializes in delivering accessible AI solutions tailored for the e-commerce, retail, and financial services sectors. By offering no-code platforms, Noogata empowers businesses to integrate advanced artificial intelligence capabilities without requiring extensive technical expertise. This democratizing approach to AI positions the company as a key player in enabling digital transformation for a broad range of enterprises.
How much funding has Noogata raised?
Noogata has raised a total of $28M across 2 funding rounds:
Angel/Seed
$12M
Series A
$16M
Angel/Seed (2021): $12M with participation from Skylake Capital and Team8
Series A (2022): $16M led by Eight Roads Services and Allon Ventures
Key Investors in Noogata
Eight Roads Services
Eight Roads Services is an investment firm that provides capital for companies, likely focusing on technology and growth-stage businesses.
Allon Ventures
Allon Ventures is an investment entity that participates in funding rounds, contributing capital to support company growth.
Team8
Team8 is a company-building venture group with deep domain expertise that creates companies and invests in companies specializing in enterprise technology, data, AI and cybersecurity. Leveraging an in-house, multi-disciplinary team of company-builders integrated with a dedicated community of c-level executives and thought leaders, Team8's model is designed to outline big problems, ideate solutions, and help accelerate success through technology, market fit and talent acquisition. Bringing unparalleled expertise in data, AI and cybersecurity, Team8's leadership team represents serial entrepreneurs and the former leadership of Israel's elite tech and intelligence Unit 8200. Founded in 2014, Team8 is backed by global companies including Microsoft, Walmart, Cisco, Barclays and Moody's, among others.
What's next for Noogata?
The recent major strategic investment suggests Noogata is poised for accelerated expansion and product development. This infusion of capital will likely be directed towards enhancing its no-code AI platform, broadening its industry reach, and scaling its go-to-market strategy. With a focus on enterprise-level solutions, Noogata is well-positioned to capitalize on the increasing demand for AI-driven insights and automation across various business functions, aiming to solidify its market leadership.
See full Noogata company page
