Tredence
1900 Camden Ave Suite 66, San Jose, California, 95124-2948, United States
Overview
Tredence is a global data science and AI solutions company focused on solving the 'last mile' between insight creation and value realization. Founded in 2013 by Shub Bhowmick, Sumit Mehra, and Shashank Dubey and headquartered in San Jose, CA, it serves large customers across retail, CPG, hi‑tech, telecom, healthcare, travel, and industrials. The company provides analytics and AI services to help clients accelerate value realization from their analytics investments. Tredence employs more than 1,800 people and maintains offices in San Jose, Foster City, Chicago, London, Toronto, and Bangalore. In September 2023 it raised $175M in a Series B led by Advent International. The company intends to use the funds to expand its business reach. Tredence is a San Jose, Calif.-based provider of analytics services and solutions that focuses on last‑mile delivery of insights into actions. The company combines business analytics, data science and software engineering to deliver prediction and optimization solutions deployed at scale by large enterprises. Tredence serves clients across the US, Canada, Europe, Australia and Southeast Asia and recently opened two new offices in India. It plans to broaden its geographic footprint and increase its presence in industry verticals including retail, CPG, industrials, technology and telecommunications. Management says the additional capital will support organic growth, accelerate last‑mile adoption and further fuel innovation and expansion. The company also intends to use the funding to expand into Europe and China.
- Total raised
- $205M
- Funding rounds
- 2
- Latest round
- Series B
- Latest activity
- Jan 2023
Industries
- Analytics
- Artificial Intelligence (AI)
- Consulting
- Information Technology
Recent funding
Series B
Jan 2023
$175M
Equity
Dec 2020
$30M