Spiketrap Announces $3M Seed Funding to Help Brands

Spiketrap, an AI-powered consumer intelligence platform, announces that it has closed a $3M seed round led by Susa Ventures with participation from 645 Ventures, Pathbreaker Ventures, Oceans Ventures, WndrCo, SV Angel, Anorak Ventures, Harry Stebbings of 20VC, as well as strategic angels. Ninety percent of all data on the internet is unstructured, and brands that neglect this data are making major decisions on a fraction of total information. Spiketrap's AI-powered platform enables companies and brands to understand conversations at scale in real-time, accelerating customers' speed-to-insight and providing rich data for data-driven decision-making. Its proprietary technology is capable of ingesting massive amounts of data in real-time and to contextually understand what is being discussed while eliminating spam and noise. "As an investor, I've never seen a product become indispensable for the top companies in an industry so quickly," says Leo Polovets, Co-Founder and General Partner, Susa Ventures.