QoreNext provides a collaborative platform that applies machine learning and robotic process automation to produce and maintain foundational enterprise data as a service. The platform functions as a virtual data factory with interconnected data products and a gig-economy-style collaborative model to reduce the need for large teams of data stewards. QoreNext targets enterprise B2B customers across verticals including healthcare and finance and offers a flexible DaaS pricing model for business-ready, always-updated data. The company emphasizes seamless integration of its data products and remote-first, distributed teams across North America, APAC, and India. Founder Rahul Sahgal built the product using IP carved out of his prior company Annik, which was sold as part of a roll-up to CapGemini/LiquidHub. The seed proceeds will be used to advance production of the platform's main modules and to bring its first set of data products to market. QoreNext is launching Qore, a cloud-based Data-as-a-Service platform for the AI and BI space that curates, manages and sells high-quality foundational data from various sources across multiple industries on a subscription basis. The company positions its product to address foundational data problems facing AI and BI applications. QoreNext was started by Rahul Sahgal, the founder of Annik, which was sold as part of a PE rollup under LiquidHub to CapGemini in 2018. The company has set up an office in Singapore and has imminent plans to expand into the United States and India. QoreNext has closed an Angel funding round with three prominent investors. The announcement focuses on product and market plans rather than financial details.

Total raised

$2M

Funding rounds

2

Latest round

Seed

Latest activity

Oct 2021