Alteryx Ventures Makes A Significant Investment In Vertis

The Vertis Market Intelligence Platform enables enterprises and advisers to build and implement data-driven workforce, talent, and location strategies with unprecedented speed and clarity. For example, organizations may use Vertis to quickly view and analyze their existing employee and office footprint, create bespoke commuting reports, and external access data on talent, demographics, and commercial real estate.

Fremont, CA: The Analytics Automation business Alteryx, Inc. (NYSE: AYX) has announced a strategic investment in Vertis, a data-driven market intelligence platform. Enterprises may use Vertis to quickly map and evaluate their personnel and real estate footprints, which can help them make important growth and culture decisions. Vertis will be better positioned to scale and fulfill enterprise requirements and demand in the dynamic talent landscape thanks to this investment from Alteryx Ventures.

Vertis enables business leaders, human resource and talent executives, facilities teams, and advisers to confidently use data in the context of their most valuable asset—people. Alteryx has a similar outlook, emphasizing the long-term benefits to our mutual customers.

"We're looking forward to collaborating with Vertis to assist customers implement their 'Future of Work' strategy. Both organisations have the same goal of democratising data and developing a data-savvy workforce. The Vertis Market Intelligence Platform will assist our customers in expanding their diverse and evolving use cases "Alteryx's SVP of Product Management, Jay Henderson, stated.

Key decision-makers must rely on world-class data platforms as firms continue to mature and expand their workplace and talent initiatives. Customers of Alteryx and Vertis will benefit from a one-of-a-kind solution that connects billions of internal and external data points in a customizable and automated way. This allows leadership teams to understand their employees better and create world-class employee experiences.

Dave Withers, Vertis CEO and Co-Founder, stated of this next expansion stage, "We're ecstatic to have the Alteryx team join us on our quest to build the most comprehensive platform for employee, talent, and location intelligence and data analysis. Alteryx's commitment to create an ecosystem and marketplace for key partners with complementary technologies and a shared vision is demonstrated by this investment."

Alteryx Ventures funds firms that offer cutting-edge technology and services that complement and grow Alteryx's analytics and data science offerings. Through analytics automation, data science, and exceptional ease-of-use, Alteryx's aim is to enable everyone to produce breakthrough results from data.