CRED Launches with $15M to Transform Predictive Intelligence for Businesses

Whats Happening:

CRED, an AI-powered predictive intelligence platform, has emerged from stealth with a $15 million seed round led by defy.vc. The company aims to democratize predictive intelligence capabilities, previously reserved for hedge funds, by integrating internal business systems with real-time external market signals to provide actionable insights for enterprises.

Key Moves:

• CRED raises $15 million in seed funding led by defy.vc

• Company exits stealth mode with a mission to democratize predictive intelligence

• Platform combines internal data with external signals and AI models for actionable insights

By The Numbers:

• CRED has driven over $100 million in revenue for users in the past year

• Platform has generated over $20 million in cost savings for clients

• CRED has signed 25 large enterprise customers while in stealth mode

Key Quotes:

• "We're in the age of AI where contextual data can now lead to profound business outcomes," said Jon Carr-Harris, Founder and CEO of CRED.

• "CRED is reimagining enterprise intelligence by combining real-time data, AI, and workflows into a single action-oriented, revenue-driving platform," said Neil Sequeira, Founder and Partner at defy.vc.

Bottom Line:

CRED's launch with significant funding and early customer traction signals a potential shift in how businesses leverage predictive intelligence. By making advanced AI capabilities more accessible, CRED could enable a wider range of companies to make data-driven decisions and compete more effectively in their markets.

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