AI-platform, based in California, Pyxis One has announced that it has raised $17 million in a series B funding round. The round saw participation from Silicon Valley-based Celesta Capital along with Premji Invest.
Existing investors including pi Ventures, Exfinity Venture Partners and Chiratae Ventures participated in the funding round.
Speaking on the announcement, Shubham A Mishra, Global CEO – Pyxis One, commented, “With AI’s agility and scalability, we bridge the gap between marketers and data scientists, and enable them to make better decisions in the backdrop of accurate and dynamic consumer insights. The new funds will enable us to speed up product development, hire more AI experts and data scientists, and expand our sales and marketing to additional markets.”
He said, “Marketing can become 10 times more efficient if every team that plays a role in appealing to consumers can collaborate and work together using precise AI-driven insights,” said Shubham A Mishra, Global CEO of Pyxis One, in a release shared by the firm.”
