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Fractal Analytics Fundraising: IPO-Bound AI Firm Raises $150 Million At $2.44 Billion Valuation

  • Fractal Analytics, an AI firm, raised $150 million in a secondary transaction from investors like Trust Investment Advisors and White Oak Capital, valuing the company at $2.44 billion.
  • The funds were raised through the sale of a 6% stake by the existing investor Apax Partners to buyers including multiple funds advised by Trust Investment Advisors, White Oak Capital Management, Gaja Capital, and Neo Asset Management.
  • Fractal Analytics offers AI and analytics services to Fortune 500 companies in various sectors and owns products like Asper.ai, Analytics Vidhya, and Qure.ai.
  • The transaction was facilitated by Saraf and Partners advising the investors, AZB & Partners and Kirkland & Ellis advising Apax, and Shardul Amarchand Mangaldas & Co. representing Fractal.

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