WhyHive Secures $600K in Pre-Seed Funding

WhyHive Secures $600K in Pre-Seed Funding

WhyHive, a Melbourne, Australia-based data analysis startup, has secured $600,000 in a pre-seed funding round.

The pre-seed round was led by Skalata Ventures, with additional backing from notable investors such as Culture Amp’s Jon Williams, Linktree’s Alex Zaccaria, and Up Bank’s Dom Pym.

Skalata Ventures is a venture capital firm based in Docklands, Australia. Founded in 2018, the firm primarily invests in the consumer products and information technology sectors.

WhyHive, co-founded by Matt Cohen and T Guthrie, offers an AI-driven platform designed for survey data analysis, customer feedback, and product reviews. The platform allows users to compare responses from multiple questions on the same chart, analyze open-ended text responses, and process thousands of rows of data in minutes, enabling researchers to extract meaningful insights efficiently. Founded in 2018, WhyHive is headquartered in Melbourne, Australia.

Funding Details

Company: WhyHive Pty Ltd.

Raised: $600K

Round: Pre-Seed Round

Funding Date: August 2024

Lead Investor: Skalata Ventures

Additional Investors: Culture Amp’s Jon Williams, Linktree’s Alex Zaccaria, Up Bank’s Dom Pym

Company Website: https://www.whyhive.com/

Software Category: Data Analysis