HomeUSAKnit Raises $9M Funding Round

Knit Raises $9M Funding Round

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Knit

Knit, an Austin, TX-based provider of a platform dedicated to streamlining the consumer research process using AI, raised $9M in funding.

The round was led by Revolutions’s Rise of the Rest Seed Fund, with participation from new investors Osage Venture Partners, GFT Ventures, Visible Ventures, and Massive Ventures and existing investors Silicon Road Ventures, Felton Group, and Alumni Ventures.

The company is using the funds to launch its latest offering: Report-Ready Insights, which helps researchers run agency-quality quantitative and qualitative research at DIY costs, by taking the most time-intensive research tasks off their plate through Researcher-Driven AI.

Led by CEO Aneesh Dhawan, and CTO Raahish Kalaria, Knit provides an end-to-end, AI-native platform automating the consumer research process. It enables insights professionals and researchers to conduct agency-quality research in days combining quantitative and qualitative data in the same survey for comprehensive, thorough insights. In the past year, It has onboarded more than 30 enterprise brands and grown its annual recurring revenue 5X.

FinSMEs

18/09/2024

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