{"id":6748,"date":"2023-07-07T06:28:39","date_gmt":"2023-07-07T06:28:39","guid":{"rendered":"https:\/\/founderlodge.com\/latest-news\/?p=6748"},"modified":"2023-07-07T06:28:40","modified_gmt":"2023-07-07T06:28:40","slug":"distil-ai-raises-1404700-in-funding-round-led-by-mercia-asset-management-plc","status":"publish","type":"post","link":"https:\/\/founderlodge.com\/latest-news\/distil-ai-raises-1404700-in-funding-round-led-by-mercia-asset-management-plc\/","title":{"rendered":"Distil.ai Raises $1,404,700 in Funding Round Led by Mercia Asset Management PLC"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/07\/image-57.png\" alt=\"\" class=\"wp-image-6749\" width=\"75\" height=\"75\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/07\/image-57.png 200w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/07\/image-57-150x150.png 150w\" sizes=\"(max-width: 75px) 100vw, 75px\" \/><\/figure>\n\n\n\n<p>London, England &#8211; <a href=\"https:\/\/distil.ai\/?utm_source=linkedin&amp;utm_medium=profile_button&amp;utm_campaign=_\">Distil.ai<\/a>, 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 <a href=\"https:\/\/www.mercia.co.uk\/\">Mercia Asset Management PLC<\/a>, a prominent investment firm known for supporting innovative technology companies.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"389\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/07\/image-61-1024x389.png\" alt=\"\" class=\"wp-image-6750\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/07\/image-61-1024x389.png 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/07\/image-61-300x114.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/07\/image-61-768x292.png 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/07\/image-61.png 1454w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>Distil&#8217;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.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"456\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/07\/image-62-1024x456.png\" alt=\"\" class=\"wp-image-6751\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/07\/image-62-1024x456.png 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/07\/image-62-300x134.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/07\/image-62-768x342.png 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/07\/image-62.png 1536w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>&#8220;We are thrilled to have secured this funding round led by Mercia Asset Management PLC,&#8221; said <a href=\"https:\/\/www.linkedin.com\/in\/gerrymcnicol\/\">Gerry McNicol<\/a>, Founder of Distil.ai. &#8220;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.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>London, England &#8211; 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 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":6752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.2.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Distil.ai Raises $1,404,700 in Funding Round<\/title>\n<meta name=\"description\" content=\"London, England - Distil.ai, a pioneering company in the field of Data Infrastructure and Analytics, is delighted to announce the successful\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/founderlodge.com\/latest-news\/distil-ai-raises-1404700-in-funding-round-led-by-mercia-asset-management-plc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Distil.ai Raises $1,404,700 in Funding Round\" \/>\n<meta property=\"og:description\" content=\"London, England - 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