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Narrative BI is involved in data analytics. It develops a solution that transforms raw data into understandable analytics and simplifies the ability to track key business indicators.
The company aggregates the data of Mixpanel, Google Analytics, Hubspot and other applications containing complex raw data and converts it to provide ready-made advanced analytics.
Narrative BI was founded by Belarusian entrepreneur and investor Mikhail Rumyantsev. Previously, he created, startup FriendlyData developing a search interface for working with corporate databases.
History
2021: Raising $1.2 million
In mid-November 2021, it became known about the investment of $1.2 million in Narrative BI. The pre-seed funding round was attended by Elysium Venture Capital, Finsight Ventures, Digital Future, Adventures Lab, Joint Journey, as well as business angels from Google and ServiceNow. Among them are Belarusian programmer and investor Igor Makhanyok (worked on Facebook and Google) and co-founder of the Belarusian game company Belka Games Yuri Mazanik.
Narrative BI intends to spend the funds raised on increasing the number of employees and releasing a new version of its product. The company seeks to give people who do not have business intelligence experience the opportunity to make analytical decisions, the startup said.
Every time something unusual happens to your data, it means something to your business, "says Mikhail Rumyantsov, founder of Narrative BI. "We'll make sure you know about it before it becomes a problem. |
By mid-November 2021, Narrative BI has eight employees. They work remotely in five different time zones, reports. Forbes[1]