About DiscoverText
DiscoverText is a company based in Amherst (United States) founded in 2010 was acquired by Alida in January 2013.. DiscoverText offers products and services including Text Analytics Software, Machine Classifiers, and eDiscovery Tools. DiscoverText operates in a competitive market with competitors including Meltwater, Radius, Sprout Social, data.ai and Signal AI, among others.
- Headquarter Amherst, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Texifter, Llc
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Products & Services of DiscoverText
DiscoverText offers a comprehensive portfolio of products and services, including Text Analytics Software, Machine Classifiers, and eDiscovery Tools. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for mining and classifying large text datasets using machine learning.
Custom sifters for sorting text into categories like sentiment and topics.
Tools for redacting sensitive information in documents and metadata.
Funding Insights of DiscoverText
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $180,000
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First Round
First Round
(23 Apr 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2010 | Amount | Grant - DiscoverText | Valuation |
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| Apr, 2010 | Amount | Grant - DiscoverText | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in DiscoverText
DiscoverText has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Alida and National Science Foundation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A government-backed foundation providing seed-stage investments to support small businesses.
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Customer success platforms for feedback and insight are provided.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by DiscoverText
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - DiscoverText
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Discovertext Comparisons
Competitors of DiscoverText
DiscoverText operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Meltwater, Radius, Sprout Social, data.ai and Signal AI, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based social media monitoring and analytics are offered for businesses.
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Predictive marketing and sales platform
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| domain | founded_year | HQ Location |
Social media management and insights are provided for brands.
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Market data is analyzed by AI to generate consumer insights.
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Media and regulatory updates are monitored via AI platform.
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Digital advertising intelligence is supplied to global industry stakeholders.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about DiscoverText
When was DiscoverText founded?
DiscoverText was founded in 2010.
Where is DiscoverText located?
DiscoverText is headquartered in Amherst, United States. It is registered at Amherst, Massachusetts, United States.
What does DiscoverText do?
DiscoverText is a cloud-based text analysis software. Provides access to Gnip-enabled Twitter PowerTrack data stream for direct import and other data sources like facebook, emails, rss feeds, SurveyMonkey, text and excel files, etc. Once the data is available, users can perform text analysis. Some of the features include scheduling repeats for data access, deduplicating, filtering by metadata, creating buckets and clusters, perform human coding, and annotating sensitive information. Sold through a freemium model with the premium versions priced at 99 per month and 3000 per month.
Who are the top competitors of DiscoverText?
DiscoverText's top competitors include Radius, Sprout Social and CreativeX.
What products or services does DiscoverText offer?
DiscoverText offers Text Analytics Software, Machine Classifiers, and eDiscovery Tools.
Who are DiscoverText's investors?
DiscoverText has 2 investors. Key investors include Alida, and National Science Foundation.