Framed Data
Framed Data, a San Francisco-based analytics company, offers predictive analytics and data science tools to help businesses understand user churn. Acquired by Block in 2016, the company operates primarily in the United States and Canada.
Company Overview
Framed Data is a B2B analytics company located in San Francisco, CA, USA. Operating within the data science and predictive analytics sub-industry, Framed Data offers solutions to help businesses predict user churn. The company's platform leverages machine learning to identify the reasons behind user departures, providing actionable insights for client companies. Framed Data's solutions aim to democratize data science, making it accessible for businesses of all sizes.
Predictive Analytics Solutions
Framed Data specializes in predictive analytics, focusing on user churn for businesses. Their platform uses machine learning models to pinpoint when and why users are leaving, enabling companies to address issues proactively. By analyzing various data points, Framed Data provides insights and forecasts that help businesses retain their user base. Their tools are designed to be intuitive and collaborative, allowing teams to work together seamlessly on datasets and analyses.
Acquisition by Square and Block
In 2016, Framed Data was acquired by Square, which is now known as Block. This acquisition allowed Square to integrate Framed Data's advanced predictive analytics capabilities into its broader suite of financial and business services. The integration aims to enhance customer retention and data-driven decision-making for Square's clients, leveraging Framed Data's machine learning models and analytics tools.
Y Combinator W14 Alumni
Framed Data was part of the Y Combinator Winter 2014 (W14) batch. This prestigious startup accelerator program supported Framed Data in its early stages, providing mentorship, funding, and networking opportunities. Participation in Y Combinator helped Framed Data to refine its product offerings and business model, contributing to its eventual acquisition by Square.
Current Beta Testing
Framed Data is currently in beta, with several companies actively testing their predictive analytics platform. The beta phase allows Framed Data to gather feedback, refine their product, and ensure that their solutions effectively meet the needs of their clients. This stage is crucial for validating the platform's performance and usability before a full market launch.