Parakweet develops a proprietary artificial intelligence platform that uses social-media specific natural language processing (NLP) to detect and extract meaning from unstructured conversations and identify consumer behavior, intent and sentiments. Its first product, BookVibe, is a social discovery and book recommendation engine for consumers. The company provides product recommendations to consumers and analytics/metadata to global media companies. Parakweet plans to use new funding for product innovation and continued development of BookVibe. The company was founded in 2010 by Ramesh Haridas, Kiam Choo, and Ilmars Poikans.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2013