Chord, the New York-based AI data platform for commerce, has acquired Zenlytic, the New York AI-powered business intelligence startup, doubling its revenue. Terms of the transaction were not disclosed. “We built Zenlytic to help enterprises get answers they can trust from their own data, with a developer-first approach to keeping business context accurate,” remarked Ryan Janssen, CEO of Zenlytic. “Joining Chord allows us to build on that work, combining our analytics engine with their data infrastructure and activation capabilities so customers can move from asking questions to acting on the answers.”
We built Zenlytic to help enterprises get answers they can trust from their own data, with a developer-first approach to keeping business context accurate. Joining Chord allows us to build on that work, combining our analytics engine with their data infrastructure and activation capabilities so customers can move from asking questions to acting on the answers. – Ryan Janssen
Founded in 2018 by Ryan Janssen and Paul Blankley, Zenlytic had raised a total of $15.4M in equity funding and is backed by Sequoia Capital, Bain Capital Ventures, Correlation Ventures, Primary Venture Partners, M13, Company Ventures, Habitat Partners, and 14Peaks Capital. Its AI analyst, Zoë, answers business questions directly from a company’s data warehouse. Its customers include Verizon, J.Crew, Domino’s, and Stanley Black & Decker, and its technology and key team members will now join Chord.
Chord, founded in 2021, built an end-to-end context layer for commerce brands. Zenlytic built an approach that works across industries on existing enterprise data warehouses. The combination takes Chord beyond commerce and into the broader enterprise, where, as Chord sees it, giving AI agents access to data is easier than making sure they understand the business. Chord keeps definitions, metrics, and financial goals current as they change, enforces permissions, and gives companies oversight of the answers their agents produce.
Bryan Mahoney, Cofounder and CEO of Chord, said the acquisition gives companies the infrastructure to own their business context. “Companies shouldn’t have to hand over control of their most valuable business context to benefit from AI,” remarked Mahoney. “Bringing Zenlytic into Chord gives them the infrastructure to own that context, keep it current, and use it across whichever AI models they choose.”
Companies shouldn’t have to hand over control of their most valuable business context to benefit from AI. Bringing Zenlytic into Chord gives them the infrastructure to own that context, keep it current, and use it across whichever AI models they choose. – Bryan Mahoney
