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Distil.ai Raises $1,404,700 in Funding Round Led by Mercia Asset Management PLC

Distil.ai Raises $1,404,700 in Funding Round Led by Mercia Asset Management PLC

July 7, 2023

London, England - Distil.ai, a pioneering company in the field of Data Infrastructure and Analytics, is delighted to announce the successful completion of its latest funding round, raising a significant amount of $1,404,700. The round was led by Mercia Asset Management PLC, a prominent investment firm known for supporting innovative technology companies.

Distil.ai is revolutionizing the way businesses leverage data analytics to enhance their commerce performance. By providing a no-code AI platform, Distil enables organizations to effortlessly transform their data from a burdensome and time-consuming challenge into a valuable asset that drives goal achievement.

Distil's powerful analytics tools empower businesses to identify their Best Customers and devise strategies to attract more of them. The platform enables users to stay informed about various aspects of their operations, ranging from AI Forecasts and Inventory Performance to Channel Effectiveness and Sales Targets. With Distil, businesses can streamline their operations, optimize decision-making, and unlock untapped growth opportunities.

"We are thrilled to have secured this funding round led by Mercia Asset Management PLC," said Gerry McNicol, Founder of Distil.ai. "This investment is a testament to the value we provide to businesses seeking to harness the power of data analytics without the need for complex coding. With the continued support of our investors, we are well-positioned to accelerate our growth, deliver exceptional products, and empower businesses worldwide to distill insights and drive success."

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