Monet Networks has raised $500k in bridge funding in a round led by SenseAI Ventures. The startup said it will use the bridge round of funding to create new applications for sectors such online education and gaming.
The startup, which has a technology centre in India, has patented technology that captures conscious and subconscious behaviour of consumers, which allows businesses to have a better understanding of the market. The startup has already deployed its technology in the media industry and has clients such as NBC Universal, Viacom CBS, Warners Brothers, MTV, HBO Europe, etc.
Commenting on the investment, Rahul Agarwalla, Managing Partner, SenseAI, said, “We are excited to partner with Anurag and join him in Monet’s journey to revolutionise consumer insights and personalisation in TV, OTT, politics, education, and beyond.”