Alteryx Introduces Alteryx Ventures for Strategic Investments in Analytics and Data Science Companies
IRVINE, Calif., May 19, 2021 -- Alteryx, Inc. (NYSE: AYX), the analytics automation company, announced the formation of Alteryx Ventures, a $50 million fund that will invest in companies with innovative technology and services that complement and expand Alteryx’s analytics and data science products and further its analytics process automation (APA) platform. Alteryx’s vision centers on enabling every person to achieve breakthrough outcomes from data through analytics automation, data science and unprecedented ease-of-use.
In addition to investing in innovative companies, the fund seeks companies that build complementary solutions to extend the Alteryx APA Platform. Qualifying companies will receive additional support, services and go-to-market benefits. Several companies have already built successful business-to-business (B2B) applications and businesses on the Alteryx platform. Examples include companies that have delivered ground-breaking B2B solutions in marketing analytics, personal finance, tax and audit, supply-chain, healthcare applications and more.
Alteryx Ventures launches this week.
About Alteryx
Alteryx, an analytics automation company, is focused on enabling every person to transform data into a breakthrough. Alteryx unifies analytics, data science and business process automation in one, end-to-end platform to accelerate digital transformation and shape the future of analytic process automation (APA). Organizations of all sizes, all over the world, rely on Alteryx to deliver high-impact business outcomes and the rapid upskilling of their modern workforce. For more information visit www.alteryx.com.
Source: Alteryx
