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§ Venture Capital · Cambridge, MA, USA
Augmented intelligence platform for scenario testing and forecasting, enabling users to model and predict outcomes using AI-driven insights.
Concentric operates as a technology provider that develops an augmented intelligence platform designed specifically for scenario testing and business forecasting. The company's core software architecture enables enterprise users to model complex market dynamics and predict potential operational outcomes through the application of artificial intelligence insights. By utilizing advanced computational algorithms, the platform processes historical and current variables to simulate various strategic decisions before they are implemented in physical markets. This analytical infrastructure allows corporate planning departments to evaluate risk factors and optimize resource allocation across different business units without disrupting ongoing operations. The system functions as a quantitative decision support tool, replacing traditional predictive models with automated machine learning frameworks that continuously update their forecasting parameters based on new data inputs. Information regarding the company's specific headquarters, funding totals, and founding details remains undisclosed in public market databases.
Concentric has raised $22.0M across 2 funding rounds.
Key people at Concentric.
Concentric was founded in 2013 by Denis Shafranik (Partner & Co-Founder).
Concentric has raised $22.0M in total across 2 funding rounds.
Concentric was founded in 2013 by Denis Shafranik (Partner & Co-Founder).
Concentric has raised $22.0M in total across 2 funding rounds.
Concentric's investors include Barmak Meftah, Vibhor Rastogi, Clear Ventures, Core Ventures Group, Engineering Capital, Christopher Rust, Homebrew.
Key people at Concentric.
Concentric has raised $22.0M across 2 funding rounds. Most recently, it raised $14.5M Series A in May 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 11, 2022 | $14.5M Series A | Barmak Meftah | Vibhor Rastogi, Clear Ventures, Core Ventures Group, Engineering Capital | Announced |
| Jan 29, 2020 | $7.5M Venture Round | — | Christopher Rust, Core Ventures Group, Engineering Capital, Homebrew | Announced |