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Narrative Science

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Advanced Natural Language Generation Software

Chicago, United StatesFounded 2010AI

Valuation $50–100M Last recorded · 2017

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Narrative Science

Narrative Science, now part of Salesforce, specializes in transforming complex data into easy-to-understand narratives. The company's flagship product, Lexio, automatically generates personalized data stories, providing users with daily insights and trends in plain English. This service is particularly beneficial for business teams who need to make informed decisions quickly without sifting through complicated dashboards. Narrative Science operates in the data analytics and business intelligence market, serving clients ranging from small businesses to large enterprises. The business model revolves around a subscription-based service, where clients pay for access to the Lexio platform. Revenue is generated through these subscriptions, as well as through additional services such as training and support.

MoreLess Source: Dealroom company data

At a glance

Status: Acquired
Founded: 2010
Headquarters: Chicago, United States
Employees: 7
Open positions: None listed
Dealroom signal: 33.1/100
Sub-industry: Content production
Sector: AI, Analytics, Core AI, Language, Spinout, Hard Tech, AI Applications, DT and LS
Technology: Artificial Intelligence, Deep Tech, Machine Learning, Natural Language Processing
Business model: SaaS
Client focus: b2b
Links: Website LinkedIn X

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Funding history

10 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
ACQUISITION✓Exit	Nov 2021	$0	—	Salesforce	↗
OtherOther financing	Feb 2019	$0	—	Undisclosed	—

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Growth signals

Narrative Science website traffic

Latest recorded traffic for Narrative Science is 1.7K monthly website visits, up 153.7% over the last three months. Narrative Science's team declined 73.1% over the past year.

Latest monthly visits1.7K 3-month web change+153.7% 1-year team growth-73.1%

Monthly website visitsApr 2016–Jun 2024

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