H.I.G. Growth Partners, the dedicated growth capital investment affiliate of H.I.G. Capital, is pleased to announce that it has led a $120 million round of total financing, inclusive of debt and equity, as part of the Series E funding for Pyramid Analytics, a next-generation decision intelligence platform for enterprises. The Series E round includes new investors, H.I.G. Growth, Clal Insurance Enterprise Holdings, Kingfisher Capital, and General Oriental Investments, with significant participation from existing investors, Jerusalem Venture Partners, Sequoia Capital, and Viola Growth. The investment will be used to expand product development, marketing, and sales, as well as promote the hiring of exceptional and diverse talent around the globe.
The Pyramid Decision Intelligence Platform uniquely combines Data Prep, Business Analytics, and Data Science in a single environment, allowing business and data analysts to combine, query, visualize, and leverage advanced analytics to unlock insights from enterprise data. Coupled with AI guidance and predictive intelligence, Pyramid helps organizations speed up time to insights, scale adoption, and simplify analytics; while also maintaining enterprise-grade security, access controls, and data governance. Purpose-built for upper mid-market and enterprise customers, Pyramid delivers superior scale and performance, uptime & reliability, and high levels of customer support to organizations globally. Pyramid is incorporated in Amsterdam and has regional headquarters in global innovation and business centers, including London, New York City, and Tel-Aviv.
“H.I.G. is excited to partner with Pyramid in their next stage of growth. Pyramid drives exceptional ROI to customers by empowering them to make faster, more- informed business decisions leveraging advanced analytics and data insights. We’re thrilled to support their leadership team who have brought a truly innovative, differentiated technology to market.”
Scott Hilleboe, Co-Head and Managing Director of H.I.G. Growth Partners.