Premise Data is a technology company.
Premise Data has raised $146.0M across 3 funding rounds.
Premise Data has raised $146.0M in total across 3 funding rounds.
Premise Data is a technology company that builds a sophisticated market intelligence platform combining machine learning with human intelligence from a global network of over 6 million contributors across 140+ countries, enabling rapid collection and analysis of local, real-world insights.[1][2] It serves businesses, public sector organizations, and international development agencies by solving the problem of slow, costly, and unreliable traditional data collection—delivering actionable data on market pricing, geospatial intelligence, consumer behavior, shelf presence, public sentiment, and more, with over 25 million submissions annually.[1][3][5] The platform powers precision mapping, disease surveillance, food security monitoring, and customer journey visibility, trusted by leaders like USAID, UN FAO, and US State Department, demonstrating strong growth through its scalable contributor marketplace and quality-controlled dashboards.[1][3]
Premise Data emerged as an innovative response to gaps in traditional data collection, blending web crawling from internet retailers with on-the-ground contributions from a global network of part-time workers using an Android app to capture photos, coordinates, and insights.[3] Key early applications included market pricing intelligence and pivotal projects like USAID's "Combating Zika and Future Threats Grand Challenge," where it enabled citizen-led disease risk mapping and vector monitoring, marking a shift toward real-time social issue analytics.[3] The company evolved by expanding its contributor base to 6 million worldwide and infrastructure across clouds like Google and Amazon, focusing on end-to-end solutions from task configuration to customized visualizations, while securing contracts for geospatial data and ground intelligence with government entities.[1][2][4]
Premise rides the wave of decentralized, on-demand data intelligence, capitalizing on smartphone ubiquity and gig economy contributors to disrupt legacy market research, which is often slow and broad-spectrum.[1][2][5] Timing is ideal amid rising demand for hyper-local, real-time insights in a globalized world facing supply chain disruptions, public health crises, and geopolitical shifts—its Zika surveillance and food security tools exemplify adaptation to these forces.[3] Market tailwinds include geospatial tech growth and AI-human hybrids, positioning Premise to influence ecosystems by empowering decisions in agriculture, international development, and business, while feeding data into broader analytics platforms.[1][3][6]
Premise is primed to expand its platform toward deeper AI integrations for predictive analytics and automated contributor scaling, potentially dominating real-time global monitoring amid escalating needs for climate, election, and supply chain intelligence. Trends like edge computing and Web3 incentives for contributors will amplify its network effects, evolving its role from data collector to indispensable ecosystem orchestrator—unlocking local insights to drive truly global impact, just as its core promise states.[1][2]
Premise Data has raised $146.0M in total across 3 funding rounds.
Premise Data's investors include 01 Ventures, 305 Ventures, Activant Capital, Ambridge Capital, Atreides Management, Ballistic Ventures, Bombas, Builders VC, CP Ventures, Craft Ventures, CRV, E-Merge.
Premise Data has raised $146.0M across 3 funding rounds. Most recently, it raised $85.0M Series E in January 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2021 | $85.0M Series E | 01 Ventures, 305 Ventures, Activant Capital, Ambridge Capital, Atreides Management, Ballistic Ventures, Bombas, Builders VC, CP Ventures, Craft Ventures, CRV, E-Merge, Flexcap, Formic Ventures, Foundation Capital, Founders Fund, Foundry Group, General Atlantic, Giant Ventures, Long Ventures Partners, Oak HC/FT, One Way Ventures, Pario Ventures, Sequoia Capital, Soma Capital, Streamlined Ventures, Team Ignite Ventures, The Hit Forge, Tribe Capital, UpHonest Capital, Wave Financial, WestCap, Aaron VanDevender, Andrus Purde, Evan Lee, Indrek Kasela, Khaled Helioui, Martin Villig, Märt Kelder, Preetha Parthasarathy, Russell Cook, Ryan Duranso, Sung ho Choi | |
| Sep 1, 2015 | $50.0M Series C | Emergence Capital, Social Capital | |
| Mar 1, 2014 | $11.0M Series B | Bowery Capital, BoxGroup, Emergence Capital, Lazerow Ventures, Notion Capital, Social Capital, Vayner RSE, Wellington Management |