Predata provides a predictive event intelligence platform that collects and visualizes large digital conversations from social and collaborative media to generate signals used to predict the probability of events within a 1-to-90 day window. Its customers include hedge funds, corporate security officers, and government agencies. The company supplies Bloomberg with a daily political-volatility index for 125 countries, available on the Bloomberg terminal for trading and asset-allocation decisions. Cited applications include anticipating attacks on oil infrastructure in North Africa, military provocations by Russia, shifts in public sentiment during the Brexit referendum, and large moves in currencies and interest rates by monitoring discussions on central banking. Predata is led by CEO James Shinn and CTO Andrew Choi. The company raised $3.25M in venture funding and will use the proceeds for continued product innovation and go-to-market expansion.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2016