• The Kerry (Ireland) founded company will be using the funds to target further international expansion, in addition to creating 25 jobs in the Kerry region over the next two years.
• The investment comes from angel investors, in addition to the support of Enterprise Ireland.
Today, Graphite-Note, the no-code machine learning data analytics platform, has announced the closing of its Seed Investment round of €1.2 million ($1.3m), with the support of angel investors, led by Gerry Devitt, CEO Harvest Financial, and Enterprise Ireland. This investment will be used to achieve further global growth, in addition to expanding its team from its base at The RDI Hub, Killorglin.
Founded in 2020 by Hrvoje Smolic, CEO, and Vinnie Lynch, CRO, Graphite Note is a no-code machine learning platform that gives businesses around the globe access to actionable insights via unique analytics. Having bootstrapped to have a presence across five continents, Graphite Note is the European leader in the space.
Its subscription-based SaaS model allows business intelligence and data analytics teams to access predictive and prescriptive analytics in minutes, rather than months, helping customers strengthen their operational efficiency, fuel their growth and achieve their business goals.
Hrvoje Smolic, Co-founder and CEO at Graphite Note, noted on today’s news: “The journey we have embarked on since 2020 has been laser focused on one mission – providing businesses around the world with a tool that aids them to grow. With this injection, we further advance this goal, giving companies across the globe the accessible and actionable insights they require. While there is a sea of AI products and platforms on the market presently, we are proud to say Graphite Note is one that brings immediate, impactful and lasting results to the business intelligence and data analyst teams that utilise its capacities – we are looking to replicate the successes we have seen from our existing clients on a wider scale, and this investment ensures that we remain at the forefront of the AI revolution.”
Led by seasoned professionals within the data and SaaS industries, co-founders Hrvoje and Vinnie are leveraging their extensive experience in scaling ventures and first-hand knowledge of the issues currently facing businesses in relation to data science. Bridging the gap between expertise and access, the pair created an inclusive platform which harnesses highly sophisticated technology combined with a simplified, easy-to-use front-end.
“I saw firsthand just how labor intensive and expensive data science can be, during my tenure as a data scientist, and the issues this has historically caused for companies - our goal is to democratise data analytics to give businesses an immediate competitive advantage. This is the future of data,” added Hrvoje Smolic.
Graphite Note is exemplary of achieving international success within the Irish tech ecosystem. Born out of Kerry’s co-working space, The RDI Hub, the company has historically bootstrapped itself, now having inbound generated customers across five continents – The US, Europe, Asia, Australia and Africa. This investment underscores the potential of regional tech companies, as they take the global stage.
“I have been in the tech space for many years, and there is one thing that has rung true for me – sales is a science. Our platform brings that science to businesses across the globe; we are delighted to have the support of Enterprise Ireland, our angel investors and other contributors to this round, who understand the value of this mission, and the importance of investing in regional tech players. We have seen a burgeoning tech community formed in Munster in recent years, and it is one we are proud to be a part of. This is a very exciting time for us, as these partnerships only accelerate our mission,” said co-founder, Vinnie Lynch.
Graphite Note looks to continue scaling a global business out of Kerry, and with this investment, the team hopes to create 25 local jobs over the next two years, in roles including operations, sales, marketing and technology.
About Graphite Note
Founded in Kerry by Hrvoje Smolic and Vinnie Lynch, Graphite Note is a no-code machine learning platform that provides business intelligence and data analytics teams with instant access to predictive and prescriptive analytics capabilities. With its international scope and easy to use industry-leading technology, Graphite Note envisions a future where every business, regardless of size or industry, is equipped with the ability to predict business outcomes, and access the recommended actions to optimise their use case.
Graphite Note is the European leader in the space.
Its subscription-based SaaS model allows for access to predictive and prescriptive analytics in minutes helping customers strengthen their operational efficiency, fuel their growth and achieve their goals.
Media Contact
Company Name: Graphite Note
Contact Person: Hrvoje Smolic
Email: Send Email
Country: Ireland
Website: https://graphite-note.com/
