The text analytics sector features startups that apply AI and machine learning to interpret complex language data.

This list includes established players like Brazil's Blip, which has secured $230M in funding. It also features newer companies from Europe and Asia at earlier funding stages.

Below is our list of 12 Text Analytics startups worth keeping an eye on.

Failory's Top 10 Picks

Blip provides a conversational platform that uses AI to help companies automate communication with their customers. Their technology allows businesses to build and manage chatbots for sales, marketing, and support across various messaging channels.

HeadquartersSão Paulo, Sao Paulo, Brazil
Year Founded1999
FoundersDaniel R. Costa, Marcelo Oliveira, Roberto Oliveira
Funding Amount$230M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries C
Top InvestorsAccel, Microsoft, Warburg Pincus, SoftBank, Hugo Barra

Notta has built an AI-powered service that automatically transcribes audio and video into accurate, editable text. Their platform is designed to capture conversations from live meetings, interviews, and podcasts, turning them into searchable notes.

HeadquartersTokyo, Tokyo, Japan
Year Founded2020
Founders
Funding Amount¥990M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries A
Top InvestorsGSR Ventures, Mizuho Leaguer Investment

Factiverse builds AI-powered tools that automatically fact-check content and identify misinformation in real-time. Their editor helps writers and researchers ensure accuracy by flagging questionable claims and providing credible sources.

HeadquartersStavanger, Rogaland, Norway
Year Founded2021
FoundersMaria Amelie, Vinay Setty
Funding Amount$2.4M
Startup SizeFounding Team (1-10)
Last Funding StatusPre-Seed
Top InvestorsValidé, Murshid M. Ali, Herfo, Johann Koss, Yasmin Namini

Eden AI provides a single API that connects developers to a wide range of AI engines for services like computer vision, speech recognition, and text analytics. Their platform allows teams to manage and combine these various AI providers, simplifying the process of building with artificial intelligence.

HeadquartersLyon, Rhone-Alpes, France
Year Founded2020
FoundersSamy Melaine, Taha Zemmouri
Funding Amount$4.5M
Startup SizeLean Team (11-50)
Last Funding StatusSeed
Top InvestorsBpifrance, BNP Paribas, Societe Generale, Wendel, Galion.exe

Relative Insight provides a text analysis platform that uses comparison to discover insights from qualitative data. Their software helps companies analyze language from sources like surveys and reviews to better understand target audiences and market trends.

HeadquartersLancaster, Lancashire, United Kingdom
Year Founded2012
FoundersJames Walkerdine, Phil Greenwood
Funding Amount$11.5M
Startup SizeLean Team (11-50)
Last Funding StatusPrivate Equity
Top InvestorsMaven Capital Partners, YFM Equity Partners, Northern Powerhouse Investment Fund, Mercia Fund Managers, Force Over Mass Capital

Quantum Platform builds a B2B product platform designed for sophisticated data sampling. Businesses use their solutions to gather and curate information for AI-driven tasks such as computer vision and text analytics.

HeadquartersJeddah, Makkah, Saudi Arabia
Year Founded2018
FoundersOmar Malaikah, Sara Bin Ladin
Funding Amount$9.6M
Startup SizeLean Team (11-50)
Last Funding StatusSeed
Top Investors500 Global, HearstLab, HALA Ventures, Sukna Ventures, Oqal

NEOALI builds deep learning technology that reduces data dependency for AI applications. Their focus on natural language processing and text analytics helps companies develop powerful AI without the need for massive datasets.

HeadquartersDaegu, Taegu-jikhalsi, South Korea
Year Founded2019
Founders
Funding Amount₩2.8B
Startup SizeLean Team (11-50)
Last Funding StatusSeries A
Top InvestorsNCSOFT, Enlight Ventures, KIBO

MARA Solutions builds an AI-powered assistant designed to help businesses manage and respond to customer reviews. The tool analyzes customer feedback to provide actionable insights and automates the process of crafting personalized replies.

HeadquartersMannheim, Baden-Wurttemberg, Germany
Year Founded2020
Founders
Funding Amount€747k
Startup SizeLean Team (11-50)
Last Funding StatusSeed
Top Investors

Neticle builds a low-code text analytics platform that helps businesses automate tasks using AI. The company's software is designed to analyze large volumes of text data for consumer and market research.

HeadquartersBudapest, Budapest, Hungary
Year Founded2012
FoundersJanos Pasztor, Peter Szekeres, Robert Horvath, Zoltan Csikos
Funding Amount€2.1M
Startup SizeLean Team (11-50)
Last Funding StatusSeries A
Top InvestorsLead Ventures, DMZ, Hiventures

MARA has developed an AI-powered platform that automates market research by analyzing customer feedback. Their software uses natural language processing to turn unstructured text from sources like reviews and support tickets into actionable business insights.

HeadquartersKarlsruhe, Baden-Wurttemberg, Germany
Year Founded2020
FoundersIngo Lange, Maximilian Lüders, Tobias Roelen-Blasberg
Funding Amount€147k
Startup SizeFounding Team (1-10)
Last Funding StatusPre-Seed
Top InvestorsEXIST

2 Additional Text Analytics Startups Worth Following

Our top ten picks are just the beginning of the story. Other companies in this space range from established players founded over a decade ago to newer startups just raising their first funds.

This mix of new and experienced companies is what makes the field so interesting right now. Here’s a look at the other startups helping to shape the text analytics space.

StartupMain IndustryYear FoundedAmount RaisedLast Funding Round
Summ.link logo Summ.linkAnalytics2016€150kPre-Seed
Averbis logo AverbisAnalytics2007