Tech Company Financing Transactions
Distil.ai Funding Round
Mercia's EIS Funds and private investors participated in a $1.4 million funding round for Distil.ai. The round closed on 7/6/2023.
Transaction Overview
Company Name
Announced On
7/6/2023
Transaction Type
Venture Equity
Amount
$1,419,000
Round
Undisclosed
Investors
Mercia's EIS Funds (Lead Investor)
Proceeds Purpose
The company intends to use the funds to further enhance its platform and expand its sales and marketing team to help scale the business.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Venaspace, The Mount 72 Paris St
Exeter, England, EX1 2JY
UK
Exeter, England, EX1 2JY
UK
Phone
Undisclosed
Website
Email Address
Overview
Distil is the fastest no-code AI data analytics for improving commerce performance. Distil exists to help you transform your data from an expensive, time-consuming challenge into a powerful goal-achieving asset. With Distil you can easily spot your Best Customers and find out how to get more of them. You can keep your finger on the pulse of your business - from AI Forecasts to Inventory Performance, from Channel Effectiveness to Sales Targets. It's time to Distil your business.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gerry McNicol
Chief Technical Officer
Neil Stoneman
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