Balderton leads $7m series-A for Dalia

The deal saw existing investors, London-based VC Wellington Partners and investment holding IBB Beteiligungsgesellschaft, participate in the round.

According to a statement, the company plans to use the capital injection to boost its data research system, engineering and machine learning. Additionally, the business intends to expand its team.

Previous funding
In June 2014, VC firm Atlantic Capital Partners, and angel investors WestTech Ventures and German Startups Group invested an undisclosed amount in the business, according to unquote" data.

More recently, Wellington led a seven-digit seed funding round for the company in May 2015, alongside IBB. Existing investor WestTech also participated in the round.

Company
Founded in 2013 and headquartered in Berlin, Dalia has developed an information data platform that distributes surveys to gather and analyse data on consumer attitudes, public opinion and market trends.

The company claims to reach 96 countries and have several global organisations among its clients, including Ipsos, Nielsen, Unicef, the European Council on Foreign Relations, and universities such as Stanford University.

According to a statement, the business started generating revenues in 2015 and quintupled its turnover during the following year.

People
Dalia – Nico Jaspers (CEO).

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• Topics
• Expansion
• Technology
• DACH
• Venture
• Germany
• Balderton Capital
• Wellington Partners