Israeli Tech Startup Pyramid Analytics Transforms Business Intelligence Solutions

Pyramid Analytics is an Israeli startup that offers a business analytics platform. The firm raised $50 million in new financing from funds and accounts managed by BlackRock Capital Investment Advisors, LLC (“BlackRock”).

Founded in 2008 by CEO Omri Kohl, CTO Avi Perez and Herbet Hochman, Pyramid Analytics declares that its Decision Intelligence Platform delivers a “frictionless decision-making environment that tames the chaos” created by data silos and a proliferation of self-service analytics tools. By uniquely combining Data Prep, Business Analytics, and Data Science with AI guidance in a single environment, the Pyramid Platform, says the company, reduces cost and complexity while accelerating growth and innovation. This enables a strategic, organization-wide approach to Business Intelligence and Analytics. More than 1 million decision-makers rely on Pyramid to make faster, more intelligent decisions.

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Pyramid Analytics explains that Decision Intelligence is the fast-emerging, next big innovation in analytics that will accelerate data-driven transformation. There is more data available for analytics than ever before. More people are interested in making decisions with data. More sophisticated analytics are in demand, it says.

Decision Intelligence is designed to speed up insights, scale adoption, and simplify analytics. More people want and require access to data to make faster, more intelligent decisions. These include internal and external non-technical stakeholders. Decision Intelligence empowers anyone to make faster, more intelligent decisions.

“We are honored by BlackRock’s vote of trust in our vision and execution as we bring the next-generation analytics solution to the upper mid-market and enterprise organizations,” said Omri Kohl, Pyramid’s co-founder and CEO.

“Pyramid has positioned itself as the thought leader in the Generative BI (GenBI) and Decision Intelligence category. Fortune 2,000 customers use Pyramid on a daily basis to solve and optimize operational, complex, data informed decisions,” stated Yoav Tzruya, General Partner at JVP, and Pyramid Analytics board member. “We are proud to receive BlackRock’s support, which further validates Pyramid’s vision and market leadership, enabling us to continue our strong performance, aiming to continue and solve the hardest operational business problems for our customers, solidifying category leadership.”