We got an exclusive look at the pitch deck AI startup Anodot used to raise $35 million from Intel and SoftBank during the coronavirus crisis

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We got an exclusive look at the pitch deck AI startup Anodot used to raise $35 million from Intel and SoftBank during the coronavirus crisis
David Drai Anodot
  • Israeli AI analytics startup Anodot has raised $35 million from Intel Capital, SoftBank Ventures Asia, Samsung NEXT, and La Maison.
  • The company began its fundraising in November 2019, and closed last week amid coronavirus uncertainty.
  • "This is a very important day for the company but it's important we are around for the day after," Anodot CEO and cofounder David Drai told Business Insider in an interview. "We are looking to be sensible with our runway but also be on the offense to grow and provide more offerings."
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Israeli AI analytics startup Anodot has raised $35 million from Intel Capital, SoftBank Ventures Asia, Samsung NEXT, and La Maison.

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The company increased the size of its fundraising as a result of the coronavirus.

Anodot said it began raising in November 2019 and closed its round last week, despite coronavirus-related complexities.

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The startup originally sought $30 million for this Series C round but said it was encouraged to take more by investors.

"This is a very important day for the company but it's important we are around for the day after," Anodot CEO and cofounder David Drai told Business Insider in an interview. "We are looking to be sensible with our runway but also be on the offense to grow and provide more offerings."

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Founded in 2014, Anodot provides businesses with an analytics platform to monitor data in real-time to help resolve potential disruptions to revenue or cost. The raise takes the company's total funding to $62.5 million.

"Our plans have changed slightly due to the pandemic, we have slowed down non-essential hiring and done some cost-saving measures," Drai added. "During every crisis there is uncertainty but we want to come out of this with a more robust team and product."

Existing Anodot clients include T-Mobile, Vimeo, Tripadvisor, and UPS.

Check out Anodot's Series C pitch deck below:

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