6 years ago
Snowplow Analytics Secures €4.7 Million to Empower Businesses with Customer Data Ownership
London-based startup Snowplow Analytics has raised €4.7 million in a funding round led by MMC Ventures
The company offers a real-time event data technology platform that empowers businesses to collect, own, and analyze their customer data
The funding will support Snowplow's expansion in the US and Europe and further development of its technology.
ProblemTechnology
"Businesses are struggling to collect and own their customer data, especially in a world where companies are becoming more data-driven and need to be more data-informed. Traditional analytics vendors often impose constraints on data teams, making it difficult to unlock granular data and gain valuable insights."
Solution
"Snowplow Analytics provides a real-time event data technology that enables businesses to track, contextualize, validate, and model customer data across different platforms and channels. This open-source platform allows companies to collect their own customer behavioral data, giving them complete data ownership and control. Snowplow data is rich and granular, informing various functions within a business, such as customer journey optimization, marketing attribution, and operational reporting. It also empowers businesses to build data products."