WisdomAI Inc., a startup using artificial intelligence to speed up analytics projects, today announced that it has closed a $50 million investment.

The Series A round comes less than a year after the company’s launch. It was led by Kleiner Perkins with participation from Nvidia Corp.’s NVentures startup fund, Coatue, Latitude Capital, Madrona, GTM Capital, Menlo Ventures and U First Capital. WisdomAI previously raised $25 million in seed funding.

Creating a business intelligence dashboard from scratch can take several days. After finding the database that contains the information needed for the dashboard, analysts must extract the relevant records using SQL queries. In some cases, they also have to refine the extracted records by removing duplicate items or consolidating sales figures into a single average value. 

WisdomAI offers an analytics platform that automates manual data processing tasks using AI agents. Additionally, the company says its software expands the range of data sources that companies can use in their analytics projects. Some business intelligence tools only support relational information organized into rows and columns. WisdomAI can also ingest unstructured data such as PDF documents and knowledge base articles.

“Agentic analytics finally fulfills the vision BI never could,” WisdomAI co-founder and Chief Executive Officer Soham Mazumdar wrote in a blog post today. “A system that doesn’t just show you what happened but tells you why, and what to do next. “

WisdomAI’s platform is powered by a data management engine dubbed the Enterprise Context Layer. According to the company, the engine can collect records from multiple systems and automatically prepare them for analysis. The platform determines how to process aggregated information using an organization’s data dictionaries. Those are files that contain explanatory information about business records such as what department produced them.

In addition to business records, WisdomAI can collect data management scripts from tools such as dbt. Such scripts are used to automate tasks such as filtering duplicate and inaccurate information.

After the platform ingests a dataset, it enables users to ask questions about the data through a chatbot interface. It can also equip external applications with the ability to answer analytics queries. An application programming interface enables developers to embed it into their custom software. 

WisdomAI customizes the data it surfaces in response to queries based on each user’s role. For example, a marketer might only be given access to information produced by the advertising team. WisdomAI says its AI can apply data access restrictions with row-level granularity.

After the platform generates a prompt response, it displays a step-by-step explanation of how it produced the answer. That overview allows users to verify the output’s accuracy. According to the company, its platform avoids answering a prompt if it’s not confident in the accuracy of the available data.

Users can have WisdomAI visualize the information it retrieves in charts. An alerting tool generates notifications when it identifies notable patterns in data. It might, for example, alert the sales team when there’s a sudden jump in e-commerce orders. 

WisdomAI will use its new funding to enhance the integrations through which its platform connects to third-party data sources. Additionally, the company plans to roll out new AI reasoning and personalization features.

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