Open-source intelligence company, VoxCroft Analytics, raised close to $2 million in Series-A funding from Knife Capital. This investment will speed up expansion of US and international initiatives in open-source intelligence and analytics.
VoxCroft Analytics is a global leader in open-source intelligence and risk analytics that blends technology with human expertise
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“VoxCroft Analytics is excited to work with Knife Capital on our dynamic growth plan,” says Barend Lutz, the CEO of VoxCroft South Africa. “The collection and analytical components in open-source intelligence are increasingly sophisticated and critical to public and private sector success in anticipating risk faster than ever before.”
With Knife Capital investment, VoxCroft is poised to redefine how information can be discovered, analysed, and delivered across the globe. With their focus on tech, Knife Capital understands how our new form of intelligence tradecraft synthesizes machine learning, exclusive machine translation, data science, and human wisdom.
Andrea Böhmert, managing partner at Knife Capital, outlined why Knife Capital considered VoxCroft for investment.
“We believe in investing in forward-focused companies that solve real problems and can generate great returns for our shareholders,” says Böhmert. “VoxCroft fits the ideal investor model. We’ve been tracking VoxCroft for some time and have been impressed by the technology, the team, and the depth of insights the company is able to provide to a wide range of customers with diverse intelligence needs.”
Knife Capital was impressed by the company’s ability to predict the recent insurgency in northern Mozambique and how it enabled an accurate and fast response to the riots in South Africa. The funding decision is to facilitate key strategic decisions and to propel growth plans.
Casey Schmidt, VoxCroft Analytics’ US CEO adds, “We partnered with Knife Capital for this investment because of their record of accomplishment in taking companies global and their knowledge in leveraging success for companies working with innovative ideas and technology. So, the investment and partnership lines up well with VoxCroft Analytics’ plans to disrupt the multi-billion-dollar risk analytics industry to increase global security and prosperity. Our experts already meld the best of AI with our other proprietary assets to get the best results for our public and private sector clients.”
VoxCroft Analytics currently has offices in South Africa and the United States, with a growing global team of 100+ across 13 countries. Knife Capital’s investment will help the company to expedite strategic expansion plans and respond to the ever-growing market signals for the critical need for fast, reliable, and accurate information and analytics.
Featured image supplied by VoxCroft