Data analytics firm Polestar Analytics has secured $12.5 million in growth funding from a consortium of US family offices and institutional investors, with plans to deepen its artificial intelligence capabilities and scale its proprietary 1Platform for enterprise data convergence.
The fresh capital will be channelled into strengthening research and development, enhancing the platform’s AI-driven features and accelerating global expansion. Polestar positions 1Platform as one of the industry’s leading solutions for integrating siloed enterprise data to deliver predictive analytics and real-time business intelligence.
“This investment marks a pivotal moment in our mission to redefine how enterprises harness data and AI,” said Chetan Alsisaria, CEO, Polestar Analytics. “The funding allows us to accelerate innovation and continue delivering measurable business outcomes that set new benchmarks.”
Alongside the fundraise, the company announced the appointment of Michel Combes as Chair of the Board. A veteran of the global telecoms and technology sector, Combes brings more than three decades of leadership experience. He currently serves as Executive Chairman & Acting CEO at Brightspeed, is a member of the Executive Advisory Council at Apollo, and a Partner at Forgelight, an investment firm focused on media and consumer technology.
Combes also sits on the boards of Philip Morris International, e& (Etisalat) and F5 Inc. His past leadership roles include stints as CEO of Sprint, SoftBank Group International, Altice N.V., Alcatel-Lucent and Vodafone Europe, as well as senior positions at France Télécom and TDF Group.
“I am delighted to join Polestar Analytics as Chair of the Board at this pivotal moment,” Combes said. “The company has established itself as a leader in data analytics and AI, with its proprietary 1Platform setting new benchmarks for data convergence and intelligent insights. With the recent investment, Polestar is well positioned to accelerate innovation and deliver even greater value to customers worldwide.”
Alsisaria added that Combes’ experience in scaling multinational technology businesses will be instrumental as Polestar enters its next phase of growth.
Polestar Analytics, headquartered in Noida and Dallas, provides AI-driven planning and analytics solutions for enterprises. Its platform is used by large organisations to unify disparate data ecosystems, automate workflows and derive actionable insights.
