Sequoia Capital’s Surge, Chiratae Ventures invest $4 million as seed funding in unified data platform Hevo Data

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In a view to grow base of customers in the US and other western markets, Hevo Data, an unified data platform for mid-size enterprises, has bagged $4 million (approx INR 31 crore) in seed funding from Sequoia Capital‘s Surge and Chiratae Ventures.

“As data is often in silos, companies don’t really understand their own customers,” said Manish Jethani, founder at Hevo Data.

“We automatically combine data which is residing in different software systems with Machine Learning, and Artificial Intelligence make sense of that data to build a unified view of the customer,” Jethani further added.

Hevo Data was founded by Manish Jethani and Saurabh Agarwal in 2017. The San Francisco and Bengaluru-based company Hevo Data offers a solution to enterprises to unify data and derive insights from several sources such as CRM, advertising channels, marketing tech, financial system software, helping build a better understanding of customers.

Hevo Data largely focuses on online commerce, financial technology and healthcare sectors, which rely heavily on customer data to drive sales.

Jethani said the company builds tools that will allow every company do what Amazon did with its razor-sharp customer focus.


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