Estonian business intelligence platform Supersimple receives $2.2M in funding

Supersimple, a Tallinn-based business intelligence platform built for B2B SaaS companies, has received $2.2 million in funding from Tera Ventures, Specialist VC, Tiny VC, and several business angels. The funds will be put toward expanding the client base and improving explainable AI technology.

• Founded by tech entrepreneurs Priit Haamer and Marko Klopets in 2021, Supersimple develops an AI-native data analytics platform that combines a semantic data modeling layer and explainable AI. The startup claims it can give users reliable, consistent data to power their day-to-day work. Supersimple was designed specifically for teams at B2B SaaS companies.
• Currently, its team includes software developers, data scientists, and product designers. Earlier, the co-founder and CTO Priit Haamer co-founded Sixfold where co-founder and CEO Marko Klopets also worked.

We aren’t building a data tool. We aren’t building a BI or product analytics tool. We’re building something to give knowledge workers the right context they need to do a great job at building great companies. And we’re only getting started,

Marko Klopets, co-founder and CEO of Supersimple, said.

• The round is led by Tera Ventures, an international investment firm based in Tallinn, Helsinki, LA-based VC investing in exceptional founders from Baltics, Scandinavia, and CEE. Founded in 2016, Tera Ventures is currently investing our of its €45 million 2nd Fund. 
• Specialist VC, an Estonian venture capital firm known for backing successful ventures like Bolt, Starship, Veriff, Salv, SensusQ, also participated in the round along with Tiny Supercomputer Investment Company, and several angels as Ott Kaukver, Alvar Lumberg, Märt Kelder, Indrek Kasela.

Supersimple will utilize the fresh capital to accelerate customer growth for its business intelligence platform and advance the position of art in explainable AI.