Ocurate offers a SaaS deep machine-learning framework optimized over a proprietary database and client customer data to predict customer lifetime value. The company says its models exceed 90% accuracy at predicting behavior and provide per-customer outputs such as likely churn and persuadability. Its database began with voter rolls and now contains data on more than 300,000 Americans, and it can ingest client telemetry like logins and purchase history. Founded in July by CEO Tobi Konitzer, Ocurate is working with four clients, has dozens in the pipeline, and has generated over $400,000 in annual recurring revenue since launch. The company claims its technology can increase gross profit by over 15% and is building a recommendation system to make lifetime value actionable. Ocurate plans a public product launch in 2022, to double headcount from seven to 14, and to further invest in integrations, data science, and machine-learning capabilities.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2021