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Cyndx Launches Projected2Raise to Predict Which Private Firms May Need Capital

Cyndx Launches Projected2Raise to Predict Which Private Firms May Need Capital

Projected2Raise

Cyndx recently integrated a new AI-driven feature called “Projected to Raise” into Cyndx Finder.

Projected2Raise uses artificial intelligence to examine publicly available information to identify individual companies that are likely to raise capital in the next six months. Trained from hundreds of thousands of financing transactions and over 15 years of data, this new predictive tool provides Cyndx users with valuable insights about which companies are likely to require additional rounds of financing within the next six months.

Combined with the advanced search tools in Cyndx Finder, the Projected2Raise feature enables our users to home in on only those companies within a particular vertical that are likely to raise capital in the next six months.

By filtering out companies that are not likely to have financing requirements, the Projected2Raise feature is expected to be a significant time saver for our users, especially VCs, PE firms, family offices, corporations and investment banks, all of which may be looking for companies with liquidity needs for their next financing or strategic transactions.

To learn more about Projected2Raise, request a demo of Cyndx.

Sources:
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Grow Fast or Die Slow: McKinsey Industry Report

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