PeerNova

About PeerNova

PeerNova is a data and analytics company, founded in 2013 by Gangesh Ganesan, Emmanuel Abiodun, and Ben Gorlick, addressing data integrity challenges primarily within the financial services industry. Gangesh Ganesan, the current CEO, is a serial entrepreneur with over twenty years of experience, including his role as CEO of Ubicom, which was acquired by Qualcomm. His background in distributed systems and networking, along with his co-founders' expertise in blockchain and big data, shaped the company's direction. Initially exploring blockchain applications, the company has since focused on providing enterprise software that ensures data and process integrity.

The company is headquartered in San Jose, California, with sales offices in New York and London, targeting mid-level and senior management decision-makers in large financial institutions globally. PeerNova's business model centers on its subscription-based, zero-code decision-science platform, Cuneiform®. This platform is designed for business users to monitor data quality, assess its fitness for purpose, and resolve high-impact exceptions without needing to write code. Revenue is generated through subscriptions to its software-as-a-service (SaaS) offerings. Since its founding, the company has raised significant capital, with a notable Series B funding round of $31 million in October 2019, bringing its total raised funds to over $68 million.

The Cuneiform® platform enables firms to synchronize data across multiple internal and external systems, which simplifies reconciliations, automates exception handling, and provides end-to-end visibility of workflows in real-time. Key features include workflow-based data quality metrics, end-to-end lineage for root-cause analysis, customizable dashboards, and flexible integration with third-party tools. The platform is offered in specific configurations for different use cases, such as Cuneiform for Valuation Risk, which aids in fair value estimation, and Cuneiform for CRM (Salesforce), which helps manage data quality within Salesforce environments. The Salesforce application is built natively on the platform, ensuring that a client's data never leaves their secure environment and can profile millions of records in minutes. Security is a core component, with the platform being SOC 2 compliant and ISO 27001 certified.