6 years ago
Focaldata Raises £1.1 Million Seed Round for Consumer Analytics Platform
Focaldata, a U.K
startup, has raised £1.1 million in seed funding from notable U.K
angels, including Alex Chesterman, founder of Zoopla, and Martin Bolland, founder of Alchemy Partners
The company offers an integrated consumer analytics and survey workflow application that claims to give customers a more accurate and granular picture of consumers than traditional polling using machine learning
They have worked with the pro-Remain group Best for Britain and the anti-Racism charity Hope not Hate on combating Far Right sentiment
The company's competitors include YouGov, Survation, Dalia Research, and standard market research agencies like Kantar and Ipsos Mori.
ProblemTechnology
"Political parties, campaigns, and brands can’t get an accurate and cost-effective understanding of opinion in small geographic areas, like the constituencies of lawmakers. This makes it difficult to target voters and consumers effectively. "
Solution
"Focaldata's integrated consumer analytics and survey workflow application uses machine learning to give customers a more accurate and granular picture of consumers and voters, making their campaigns more effective."