Circus Social funding

Circus Social, a social media analytics and big data SaaS startup based out of Singapore and Bengaluru, has raised $1 million in a pre-Series A round led by Inflection Point Ventures and angel investors based in the US, Singapore, and India.

The angel investors include Saurabh Gupta, Ganesh Mohan, Samit Shetty, Royston Tay, Yang Bin Kwok, and Srinivasan Venkita Padmanabhan.

Founded by Ram Bhamidi and Prerna Pant, Circus Social enables brands and businesses to get actionable business insights from social and digital data in real-time with the use of big data, AI, and ML. The startup has customers across multiple industries in more than 15 countries in the Asia Pacific.

Circus Social intends to utilize the funds for growth initiatives and to enhance its sales, engineering, and data sciences teams.

“Over four billion people are active on social media globally, collectively generating a massive amount of conversations, engagement, and activity every day. Our AI-powered social listening and analytics platform uses big data architecture and AI/ML algorithms to empower companies with comprehensive data and actionable insights in real time,” said Circus Social co-founder and CEO Ram Bhamidi.

The global social and digital data analytics market is increasing at 30 percent per annum. The addressable market for Circus Social has touched $7 billion. Circus Social’s SaaS platform for enterprises – its flagship offering, 20/Twenty – tracks all available data points and distills them into signals for clients, providing real data in real-time.

Mitesh Shah, Co-Founder, Inflection Point Ventures, said, “Plain vanilla social marketing is passé. Circus Social’s founding teams’ understanding of AI and its use in social listening has proven its mettle, based on the numbers we have seen, thus making it a good opportunity for IPV to invest in the company.”

The company is currently hiring for the roles of Data Analysts, Sales and Business Development Representative, Software Developers- React.JS, and Software Developers- Node.JS. Applications for these posts could be sent by visiting the careers section of the company’s website.

If you are an emerging startup and are looking for investors to raise funds, StartupLanes has its own angel network and investment banking services and is connected to angel investors and VCs in 17 countries that ensure that our member startups have easy access to external funds to scale up constantly. You can connect with us by visiting the ‘Contact Us’ page. For publishing an exclusive article about your company on our website, drop an email @ taniya@startuplanes.com