Pyramid secures $25M in latest funding round

April 2, 2020

Last week, we were proud to announce that we closed a funding round of $25 million with Jerusalem Venture Partners (JVP), along with existing investors Sequoia CapitalViola Growth, and Maor Investments. The round will be used to expand Pyramid Analytics’ global footprint, deepen strategic alliances with partners, and assume a leadership position in the market.

And it’s great news for our valued customers.

Stable and built to last

This public health crisis will have far-reaching effects on our global economy. Many organizations will face dramatic threats and persevere. Others will fail. As the situation with COVID-19 evolves, and as governments and organizations across the globe react, rest assured Pyramid Analytics is in it for the long haul.

And we’re here to help you thrive.

If there’s anything to be learned from this public health crisis so far, it’s the crucial role of data and analytics in guiding our decisions. As customers, you already know that Pyramid Analytics’ enterprise-grade platform gives you immediate visibility into your operational data to react quickly to dramatic business changes. You know that Pyramid brings a potent combination of collaboration, flexibility, and world-class analytics. It’s a key ingredient in your everyday resilience.

Although we were stable before the crisis, this funding gives us additional flexibility to remain resilient for the long road ahead. We will continue to meet your analytics needs in a secure and reliable manner—today and tomorrow.

Relentlessly focused on you

Even before the crisis, Pyramid was working hard on an ambitious product roadmap. This funding round lets us continue down this path even more aggressively. Our teams are guided by a singular goal: to provide you with analytics functionality that continually evolves and grows with your needs.

And our long-term product vision remains firmly in place: to be the platform that helps you produce self-optimizing decisions—decisions that anticipate business needs and dramatically increase the value of your data.

We will continue to focus our development efforts with your needs in mind. Our roadmap has always been strongly influenced by customer requirements. For example, more than 50% of the new features in the last major release alone was the direct result of customer feedback.

The funding round will let us maintain that focus, as well as give us the means to build out programs that enrich the overall customer experience, such as customer training, online events (at least until we can get back out on the road to visit you), and a more robust user community. While other analytics vendors have turned inward, our stance remains open and future-focused. And we will continue to support you in any way we can.

To infinity—and beyond!

This is an incredibly challenging world for all of us. However, one thing remains crystal clear: you can rely on us for world-class analytics and customer support throughout the duration of this public health crisis—and beyond.

It is our firm belief that today, more than ever, Pyramid Analytics’ offering is a mission-critical platform for organizations navigating through health and financial turmoil.

We appreciate your decision to trust Pyramid Analytics and we will continue to make you our top priority. And we’ll continue to execute on a product roadmap that puts our customer at the center of everything we do. Together, we’ll get through this tumultuous time—stronger and more data driven than ever.

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