Real-time polling platform Remesh announced Thursday it closed on a $25 million Series A extension led by General Catalyst.
Remesh aims to combine the scale of a survey with the dynamic nature of a live discussion. The platform lets users canvass and converse with up to 1,000 people at a time, while the responses are fed into AI algorithms that organize the data and generate insights within an hour. These insights inform where the rest of the conversation goes, which generates even more data. Remesh’s technology can also be used to help companies engage with their teams.
“Tightening constraints on time, manpower and resources are rendering traditional market research paradigms obsolete. Today’s executives and insights teams need a new way to understand people,” co-founder and CEO Andrew Konya said in a statement. “We’re excited to be driving a modern, AI-based solution to change the way companies conduct research and engage employees.”
The goal is to help users understand the ways a given population is feeling at the speed of a conversation. Remesh claims companies like NASCAR and Deloitte are using the platform to get feedback on their products and engage their employees. According to Crunchbase News, government bodies like the United Nations are also using the site to better understand their constituents and resolve conflicts.
The New York-based company was founded in 2014 and claims to have enabled more than two million insights for more than 600 companies. This funding brings Remesh’s total capital raised to $38 million and will be used to grow its team and open a new office in Cleveland later this year.
