
Node
5 Lucerne Street #2, San Francisco, CA, 94103, United States
Overview
Node offers a horizontal prediction platform-as-a-service built on a patented deep learning technology the company calls "Artificial Intuition." The platform delivers predictions via a simple REST API and can be used standalone or integrated with third-party applications like Salesforce, Marketo, Zendesk, and Workday. Node positions its product to help companies gain advantages in market intelligence, resource planning, customer and talent retention, customer acquisition, and contact center automation, and it also helps users interpret the predictions so they can act on them. The company says its platform enables adoption of AI for businesses that lack data science expertise or large-data infrastructure and targets a market of over 100 million companies and the Fortune 2000. Since unveiling Artificial Intuition in July 2019, usage of the Node platform has increased over fourfold. Financially, the company announced a $6 million funding raise to help expand deployment of its AI capabilities. Node is a San Francisco, CA-based artificial intuition platform provider. The company has launched a SaaS-based automated machine learning platform that uses AI to help businesses deploy and scale both customer-facing and internal applications. Applications powered by Node deliver predictions to help users make smarter connections and decisions about engaging with customers, employees, investors, and partners. Node has been working with companies including Information Builders, Yesware, Nimble CRM, ConnectAndSell and Aventri. Led by CEO Falon Fatemi, CTO Louis Monier and new CPO Michael Radovancevich, the company will use the funds to continue to expand operations and its business reach. Node has raised $16M in the current financing and $36M in total to date. Node builds an AI-powered discovery engine that surfaces the people and information most relevant to a user. Its primary use case connects users to people they should be partnering with, which the company says has generated $200 million in revenue. Node plans to expand beyond people search to surface other relevant data inside organizations and across the web via a forthcoming next-generation release. To advance that roadmap it hired Louis Monier as Chief Scientist and Jeffrey Johnson as Chief Technology Officer. The company was founded in 2014 and has raised more than $21 million to date. Node builds a patent-pending AI discovery engine that automatically delivers actionable insights about people and companies to help customers identify who to engage and why. The company’s relationship graph contains over half a billion rich profiles, and it offers a native Salesforce integration so teams can discover prospects without changing workflows. Node spent 18 months in stealth working with select enterprise customers and is now making its discovery platform broadly available. It is currently focused on improving customer discovery for sales and marketing but says the technology can extend to recruiting and consumer use cases in the future. While in stealth Node doubled revenue in the prior six months and reports customers have generated nearly $103 million in total revenue from Node recommendations and optimized more than $4 billion in revenue. Customers recoup the cost of Node in as little as eight weeks, and the company cites examples of uncovering over $1 billion in new market opportunity for individual customers. Node builds a data intelligence layer that reorganizes information on the web to surface proactive, personalized recommendations tailored to individual users and businesses. The platform distills and filters massive amounts of web data to recommend relevant people and companies without requiring a search box, with an initial focus on B2B sales and marketing. Node is in stealth mode and is working with select enterprise customers as it scales its offering. The company announced an investment totaling $7.5 million to accelerate its go-to-market timeline. Future plans include expanding beyond B2B to B2C recommendations and recommending hires and company partners. The team includes former Google, Facebook and Wildfire engineers and NLP experts and is led by founder and CEO Falon Fatemi.
- Total raised
- $45M
- Funding rounds
- 5
- Latest round
- Equity
- Latest activity
- Apr 2020
Industries
- Artificial Intelligence (AI)
- Data Integration
- Information Technology
- Intelligent Systems
- Machine Learning
- SaaS
- Software
Recent funding
Equity
Apr 2020
$6M
Equity
Jul 2019
$16M
Equity
Apr 2018
$5M
Series A
Jul 2017
$11M
Equity
Jun 2016
$8M