SourseAI, a Sydney, Australia-based provider of a decision intelligence platform, raised AU$3m in Series A funding.
The round was led by Centerstone Capital.
The company intends to use the funds to develop an AI platform for telcos, increase the size of its UK team, and double the size of its Australian-based R&D team.
Led by Tanya Hyams-Young, CEO, SourseAI is a decision intelligence startup which provides a no-code AI solution built specifically for telcos to scrutinize mountains of data and create genuine, actionable business predictions at scale. It also provides certainty by accurately modelling the outcomes of business decisions. It is currently used by a significant number of Australian telcos including Lebara, Kogan Mobile, Superloop, Mate and AGL (Southern Phone) mobile. The company will now enter a global growth phase, focusing initially on Europe, starting with the appointments of industry experts Paul Jefferies as Chief Revenue Officer and Dr Bryan Eastwood as Chief Customer Office.