French AI tech company Sinequa raises $23 million from Jolt Capital and Troismer

Paris-based Sinequa, which offers AI-powered search and analytics solutions, has raised $23 million in a financing round led by PE firm Jolt Capital and joined by prior backer Troismer.

Sinequa’s platform offers corporate customers – mostly in the finance and pharmaceutical industries – access to all their corporate data, whether structured or unstructured, connecting knowledge workers with the information needed to make better decisions.

Jean Schmitt, MP of Jolt Capital, commented: “As the quantity of content & data scattered across organizations grows inexorably, businesses urgently need to leverage this hidden, diffuse, and untapped knowledge to highlight trends, reinforce learning, cross pollinate expertise, built new strategies, and remain fully compliant with regulations such as GDPR. Given the burgeoning potential of this market, Jolt is delighted to team up with Sinequa and support its next phase of global expansion.”

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