Natter has secured 23 million dollars to accelerate the global expansion of its AI native conversation intelligence platform. The investment round was led by Renegade Partners with participation from a broad group of investors including Kindred Capital, Costanoa Ventures, Rackhouse Ventures, Village Global, and Asymmetric Capital Partners. Several technology executives and founders from companies such as Indeed and Peakon also contributed to the round.
The London based company, which has seen 80 percent of its revenue originate from the U.S. market, is officially relocating its headquarters to New York City. The platform utilizes video conversation technology to capture and synthesize qualitative data at scale for enterprise leaders in sales, strategy, and human resources.
Natter plans to deploy the new capital to expand its engineering, data, and product teams. The company aims to further develop its platform capabilities as it looks to provide an alternative to traditional research methods like surveys and focus groups. Organizations including Accenture and ServiceNow are currently utilizing the technology to generate real time business insights.