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Adoreboard

Founded: 2011
Founder: Chris Johnston
Number of employees: 20
Website: www.adoreboard.com

Overview

Adoreboard, an emotion analytics pioneer, was established in 2011 by Chris Johnston. The company focuses on delivering a comprehensive understanding of customer emotions related to products and services by utilizing artificial intelligence (AI) and natural language processing (NLP) technologies. Adoreboard helps businesses transform unstructured data into actionable insights to improve customer experience, enhance brand reputation, and drive growth.

Initially a social media analytics platform, Adoreboard expanded its capabilities by integrating machine learning and NLP for analyzing unstructured data such as text, images, and videos. Its flagship product, Emotics, offers a unique approach to quantifying human emotions, assisting organizations in measuring the emotional impact of their marketing and communication efforts.

The Emotics platform is built upon Plutchik’s Wheel of Emotions, a psychoevolutionary model identifying eight primary emotions. By processing data from multiple sources like customer reviews, social media posts, and survey responses, Emotics evaluates and categorizes these emotions, providing valuable insights into customer sentiment about brands, products, and services.

Adoreboard has successfully raised funds from venture capital firms and angel investors. A 2014 seed funding round led by Techstart Ventures raised £295,000, while a second round in 2016 secured an additional £1.2 million from investors including Clarendon Fund Managers, the Halo Business Angel Network, and Techstart Ventures. These funds supported product development, global expansion, and platform refinement.

The company’s strategic acquisitions, such as Emotient, a facial expression analysis startup, have strengthened its position in the emotion analytics market. By integrating Emotient’s facial recognition technology into the Emotics platform, Adoreboard offers a more comprehensive understanding of customer emotions.

Adoreboard’s innovative solutions have attracted notable clients like Unilever, Deloitte, and Publicis, and earned awards like the 2018 UK Business Angels Association (UKBAA) award for Best Investment in Disruptive Tech and the 2019 Gartner Cool Vendor in Artificial Intelligence for Customer Analytics.

The company has also established partnerships to expand its reach in the emotion analytics space, such as the collaboration with global customer experience management platform Qualtrics. This partnership integrated Adoreboard’s Emotics technology into the Qualtrics XM platform, offering advanced emotion analytics tools for improved customer satisfaction and loyalty.

Adoreboard continuously innovates its emotion analytics solutions by harnessing AI, NLP, and machine learning advancements to enhance its Emotics platform. The company is exploring multimodal analytics integration, combining text, facial, and voice-based emotion analysis for a more comprehensive and holistic understanding of customer emotions.

With a strong presence in European and North American markets, Adoreboard is actively pursuing opportunities in the Asia-Pacific region to capitalize on the growing demand for emotion analytics solutions. The company is dedicated to fostering collaboration and knowledge-sharing within the industry through publishing insightful resources, hosting webinars, and participating in industry events.

In summary, Adoreboard is a leader in emotion analytics, offering cutting-edge solutions for businesses to better understand customer emotions. Through strategic acquisitions, funding, and partnerships, the company has solidified its position in the market. As Adoreboard continues to innovate and expand, it remains at the forefront of the rapidly evolving customer experience management sector.

Disclaimer: Please note that the names and positions of employees mentioned may be subject to change, as individuals may move to different roles or organizations. While we make every effort to keep our information accurate and up-to-date, we cannot guarantee that all employee details are current or complete. We encourage you to verify the identity and positions of any individual mentioned and check their Linkedin Profile before taking any action based on their role.