Narrative BI, Inc.
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Narrative BI, Inc. - overview
Established
2020
Location
Mountain View, CA, US
Primary Industry
Software
About
Narrative BI, Inc. specializes in Generative Business Intelligence solutions, empowering organizations with advanced data analytics to enhance decision-making and optimize operational efficiency across sectors such as finance and healthcare. Founded in 2020 and headquartered in Mountain View, US, Narrative BI, Inc. focuses on delivering innovative data analytics solutions.
The firm was established by Michael Rumiantsau, Mika Melchanka, and Yury Koleda, with Michael Rumiantsau serving as CEO. The company has secured USD 1. 2 million in funding from several investors, including Elysium Venture Capital and FinSight Ventures, during its most recent funding round on November 12, 2021. This funding brings the total amount raised to USD 1.
2 million across two funding deals. The core product offering is the Generative Business Intelligence Platform, which provides organizations with advanced data analytics capabilities to generate actionable insights from complex data sets. The platform is designed for medium to large enterprises, facilitating operational efficiency, strategic growth, and customer engagement across various industries including finance, healthcare, retail, and manufacturing. Its target markets include North America, Europe, and select regions in Asia.
Narrative BI, Inc. generates revenue through subscriptions for its Generative Business Intelligence Platform with clients entering into annual agreements. These B2B clients pay based on tiered pricing plans that reflect different service levels. The platform features premium analytics tools and customizable dashboards, with revenue closely aligned to the scale of client usage, enabling flexible investments as analytical requirements grow.
In November 2021, Narrative BI, Inc. raised USD 1. 2 million in venture funding, which will be utilized to hire talent and develop version 2. 0 of its product, set to launch next year.
The company aims to expand into new markets, specifically targeting additional regions in Europe and Asia, leveraging the recent funding to support these initiatives.
Current Investors
Founders.AI, FinSight Ventures, Digital Future
Primary Industry
Software
Sub Industries
Systems Management Software, Application Integration Software, Analytics & Performance Software
Website
www.narrative.bi
Verticals
Artificial Intelligence, Big Data, Cloud Computing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
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