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Lovelytics Secures Strategic Investment From Databricks Ventures And Interlock Equity

Jun 15, 2023•over 2 years ago
ArlingtonAnalytics

Investors

Interlock EquityDatabricks Ventures

Description

Lovelytics (or the "Company"), a leading data engineering and business intelligence consultancy, announced today a strategic investment from Databricks Ventures and Interlock Equity ("Interlock"), a Los Angeles-based private equity firm. This investment will accelerate the growth of Lovelytics' team and expand its technical offerings related to enterprise data environment creation, AI and LLMs, business intelligence, data science, and cloud infrastructure.

Company Information

Company

Lovelytics

Location

Arlington, Virginia, United States

About

Headquartered in Arlington, Virginia, Lovelytics is a leading data, analytics, and AI consulting firm, providing data advisory, enterprise data environment design and implementations, data science and machine learning, generative AI, data visualization, and training services to organizations across the world. For more information visit https://lovelytics.com/.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers