GroupSolver is a San Diego, CA–based market research technology company that offers a cloud platform combining advanced data analytics, machine learning and crowd intelligence. Its software provides market research and interpretation services designed to reveal insights that traditional surveys or focus groups miss. The company serves clients including IRI, Ipsos, Nikkei, Amazon, Adidas, Google, Lenovo and Deloitte. Led by CEO Rasto Ivanic, GroupSolver emphasizes automated insight discovery for decision-makers and research teams. The company said it will use the funding to accelerate its go-to-market strategy and continue advancing its product offering. Financial details provided in the article note a USD2.5M funding round closed in 2022. GroupSolver is a market research technology company led by co‑founder and CEO Rasto Ivanic, with operations in San Diego, Utah and Slovakia. It has built an intelligent market-research platform that combines machine learning and crowd intelligence to help businesses find insights hidden in online surveys and focus groups. The platform is positioned to help decision-makers and researchers answer questions with confidence by automating insight discovery. FinSMEs reported on 26 June 2020 that GroupSolver raised $2M in its third funding round. The company intends to use the funds to accelerate its AI offering for online surveys. GroupSolver provides deep insights by quantifying open-ended, natural-language answers from groups of relevant online consumers rather than relying on multiple-choice responses. Its technology captures explicit information and reactions, producing more specific consumer input. Clients include some of the world’s largest brands, many of which are repeat buyers. The company completed a $1M financing round in 2017 led by Tech Coast Angels’ San Diego network, which provided $700k. It plans to use the funds to expand the product platform, raise the company and product profile, drive inbound traffic, consolidate its R&D team in San Diego in early 2018, and increase sales and marketing capabilities. GroupSolver is led by founder and CEO Rastislav (Rasto) Ivanic and is based in San Diego, CA.

Total raised

$6M

Funding rounds

3

Latest round

Equity

Latest activity

Jun 2022