Fundraising Fox

Premise

San Francisco, US · Founded 2012 · Delaware corporation · 357 employees on LinkedIn · 8 known investors

Premise provides data-driven market intelligence and geospatial insights by combining machine learning with human intelligence from a global network of contributors. The platform serves organizations across industries, international development, and public sector clients who need local insights at scale across 140+ countries.

AI & Machine LearningData & Infrastructure

Founders & leadership

Premise was founded in 2012 by Joseph Reisinger and David Soloff.

JR
Joseph ReisingerCo-founder
DS
David SoloffCo-founder

Board

CP
Chamath PalihapitiyaBoard director
KFKarim Faris
Karim Farisin𝕏Board directorInvestor at GV (Google Ventures)
LS
Lawrence SummersBoard director

Investors · 8

Bowery CapitalNew York · $1M – $2M
Communitas Capital PartnersNew York
NightDragonSan Francisco
Valor Equity PartnersChicagovia Antonio Gracias · led
8VCreportedAustin · $100K – $50M
GV (Google Ventures)reportedMountain View · $250K – $50Mvia Karim Faris · board
Social Capital Partnershipreported · 2 sourcesPalo Alto
WestCapreportedSaskatoon

Reported raises · per SEC filings

Form D private placements

$50M disclosed across 1 round · 2015

▶$50MraisedSep 2015 · 4 investors · Other Technology
Rule 506(b)
Premise Raises $50M to Outsource the Collection of Economic Datatechcrunch.com · Sep 2015
Officers, directors & promoters on the filing
  • Joseph ReisingerDirector
  • David SoloffExecutive Officer, Director
  • Lawrence SummersDirector
  • Chamath PalihapitiyaDirector
  • Karim FarisDirector
Offering amount
$50M
Amount sold
$50M
First sale
Sep 2015
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap
SurveyMonkey151 shared keywordsSurveyMonkey is an online platform for creating surveys and forms to run market research, customer satisfaction, event registration, and employee feedback programs. It offers AI-assisted survey building, expert templates, a global respondent panel, analytics tools, and integrations for individuals, teams, and enterprise organizations.
Fiveable123 shared keywordsFiveable provides AI-powered exam preparation for AP classes, offering practice questions with automated scoring and personalized study tools for high school students.

Companies competing with Premise for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase II2019$459.8K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Market Intelligence Platform Premise Data Raises $85 Million In Series E Fundingpulse2.com · Jan 2021Premise Data Raises $85 Million to Transform Market Intelligence by Scaling its Machine Learning and Human Intelligence Platformprnewswire.com · Jan 2021We’ve Raised $85 Million - Premisepremise.com · Jan 2021Premise Raises $50M to Outsource the Collection of Economic Datatechcrunch.com · Sep 2015Premise raises $50 million Series C led by Valor Equity Partners | by Premise Data | Mediumpremisedata.medium.com · Sep 2015Premise Raises $50 Million To Outsource The Collection Of Economic Data | TechCrunchtechcrunch.com · Sep 2015

Frequently asked questions

What does Premise do?
Premise provides data-driven market intelligence and geospatial insights by combining machine learning with human intelligence from a global network of contributors. The platform serves organizations across industries, international development, and public sector clients who need local insights at scale across 140+ countries.
Who founded Premise?
Premise was founded by Joseph Reisinger, David Soloff in 2012.
Who are Premise's investors?
Premise's investors include Bowery Capital, Communitas Capital Partners, NightDragon, Valor Equity Partners, 8VC, GV (Google Ventures), Social Capital Partnership, WestCap.
How much funding has Premise raised?
Premise has disclosed $50M raised across 1 round.
Where is Premise headquartered?
Premise is headquartered in San Francisco, US.