Purple Transform raised £4.5M in a funding round led by Mercia Ventures to enhance safety and security in rail data analytics.
Amount Raised
£4.5 Million
Round Type
Funding Round
OxfordSoftwareArtificial IntelligenceMachine LearningNatural Language Processinginformation technology & servicesInvestors
Description
Purple Transform, a UK-based AI rail data analytics business, has raised £4.5 million in a funding round led by Mercia Ventures via the Midlands Engine Investment Fund II. The company's platform helps identify and prevent incidents on railway lines by aggregating data from various sources and providing actionable insights.
Who to call at Purple Transform, and when
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- An alert the day Purple Transform raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Purple Transform, from your own LinkedIn network
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Purple Transform raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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