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FinTech news in analytics category

E-Commerce startup Bainbridge Growth raised seed round of $4M

The company collects data from places like Shopify, QuickBooks and Google Analytics and gives each customer its own data warehouse backed up by managed data pipelines. Bainbridge Growth, a Boston-based software startup providing data, analytics and financial modeling for e-commerce companies, inked $4 million in seed funding. Tregoe, CEO, told journalist that while helping brands like Casper, Peloton and Warby Parker understand how to do more effective Facebook advertising, they realized they were building big data systems and modeling revenue on a per customer basis. Bainbridge started with a financial model and added analytics to help the financial model make better assumptions and then a data system.

Trading Platform startup Dune Analytics raised Series B round of $69M

Many crypto detractors contend that the web3 space is buoyed by meme money, so Coatue leading a $69,420,000 Series B in a blockchain startup shouldn’t leave them too surprised. The investment — made in crypto analytics platform Dune Analytics — brings the startup valuation to $1 billion.