Eureka builds software that applies AI and machine learning to large external and internal data sets to produce financial and market intelligence. Its financial intelligence products enable credit and risk scoring by leveraging telecom and alternative data, open banking, and transaction data. Its market intelligence offerings provide continuous country-level panels for digital and location intelligence. Eureka also offers data science infrastructure, including the DS2 Feature Store and AI Learning Fabric, to help teams deliver data science at scale. The company works with Fortune 500 customers across telecom, banking, insurance, e-commerce and transport. Founded in 2016, Eureka has offices in eight major cities across Asia, the United States, the Middle East, and Africa, and says the recent financing will fuel rapid growth and expansion of its offerings. Eureka Ai is a Singapore-based artificial intelligence enterprise software startup. According to ACRA filings accessed by DealStreetAsia – DATA VANTAGE, the company has raised an additional $500,000 in fresh funding. The article identifies the company as offering AI enterprise software but does not provide details on the investors, valuation, or funding instrument. The coverage is a short filing-based report published by DealStreetAsia’s DATA VANTAGE. No operating metrics, past rounds, founding year, or future plans are mentioned in the article. Eureka has built a proprietary AI enterprise software platform called Spectrum that organises mobile telecom data to deliver actionable intelligence for mobile operators and enterprise partners. The platform enables enterprises across industries including banking, insurance, transportation, and FMCG to partner with mobile operators to offer more relevant and personalized services and acquire customers. Eureka is deploying on operators across Southeast Asia, India, and the Middle East, covering a collective mobile subscriber base of over one billion customers, and is expanding into Europe and the US. The company operates engineering and technology teams in Bengaluru, Seattle, Singapore, and Jakarta and plans to grow its Bengaluru development team. Management says the new capital will support international expansion and further develop Eureka’s product portfolio. Eureka is also a member of Mastercard’s Start Path later-stage startup engagement programme.

Total raised

$21M

Funding rounds

3

Latest round

Equity

Latest activity

Sep 2021