Crowd Analyzer, the data intelligence provider, receives funding from a group of venture capital firms based in the UAE, Saudi Arabia and Kuwait
Crowd Analyzer, the Dubai-based data intelligence provider and Arabic-focused social media monitoring platform, has received pre-Series A funding of $1.1 million from a group of venture capital firms based in the UAE, Saudi Arabia and Kuwait.
The group of investors, led by Wamda Capital, includes Arzan Capital, Faith Capital, and Raed VC. The funds will enable Crowd Analyzer to scale up the business and expand its operations in Saudi Arabia and the wider MENA region.
Founded in 2014, Crowd Analyzer entered the market commercially in 2016 and specialises in Arabic-focused social media monitoring, analyzing content and conversations for sentiment, relevance and Arabic dialect.
Crowd Analyzer’s portfolio spans major corporations in 10 different Arab countries and features international brands including Dubai Media Group, International Committee of the Red Cross, Expo 2020, Huawei, Souq.com, DHL and Uber.
Ahmed Saad, CEO and co-founder of Crowd Analyzer, said: “As the only Arabic-focused social media monitoring platform, we offer our clients invaluable data that incorporates regional dialects, relevance and of course sentiment analysis. This latest round of funding will enable us to continue our growth in Saudi Arabia and allow us to explore further opportunities in the regional market.”
He said Crowd Analyzer has supported major regional and international events such as the World Government Summit, Cannes Lions and Dubai Lynx through setting up command centres to garner real time information on the conversations surrounding the events on social media.