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Powering business performance through artificial intelligence and data analytics to identify operational pain points.

Investment date

October 2020

Status

Active

What Anodot does

Anodot is a cloud-based B2B enterprise software company that provides an autonomous anomaly detection platform that analyses business/IT data. Anodot monitors business data in real time, allowing companies to proactively resolve revenue, cloud cost, and customer experience issues before they impact the business.

  • Business intelligence

    Founded in 2014, Anodot is headquartered in Israel and Silicon Valley, and is positioned in the Augmented Analytics market within the broader Business Intelligence market.
  • Augmented analytics

    Augmented analytics is the use of enabling technologies such as machine learning and artificial intelligence to assist with data preparation, insight generation and insight explanation to augment how people explore and analyse data in analytics and BI platforms.
  • Autonomous business monitoring

    The company’s Autonomous Business Monitoring system uses patented machine learning algorithms to monitor clients’ businesses for abnormalities in real time.
  • Data-driven decisions

    The system helps businesses make informed, data-driven decisions and respond quickly to prevent losses.

Why we invested

Existing Business Intelligence (BI) and cloud cost management (CCM) solutions are stagnant, offering data visualisations of the past and some real-time data events.

When data sizes and the number of variables is large, it is not possible for data scientists to explore every possible pattern and combination, let alone determine whether their findings are the most relevant, significant and actionable.

Without granular visibility into cloud costs and what drives increased spending, businesses will fail to align expenses with business goals.

Anodot has developed an AI-based SaaS solution that provides real-time alerts, constantly analysing various time series and data streams across the entire data stack of enterprises.

"We developed state-of-the-art AI-powered analytics that illuminates business blind spots."

David Drai

Co-Founder and CEO