Noodle.ai Gains $35 Million in Series B Funding
Enterprise AI applications provider Noodle.ai raised $35 million in a Series B funding round, bringing its fundraising total to $51 million. Dell Technologies Capital led the round and was joined by previous investor TPG Growth, the middle market and growth equity investment platform of TPG, which incubated Noodle.ai with Stephen Pratt in 2016.
Noodle.ai’s applications are designed to predict key variables in demand and supply, so large companies can make more accurate decisions. Through advanced data science, high-performance computing, and guidance from AI experts, the company has created a dozen industry-focused applications that strive to generate better predictions and substantial revenue lift.