Semantix, Latin America’s first fully integrated data platform, announced today that the company has seen significant business momentum in the first half of 2022. These milestones align perfectly with the company’s broader market strategy and include a combination of customer, partner, technological and operational growth for the business as it continues on its path to the public markets.
Business Highlights
Customer and partner growth continues to be at the center of Semantix’s success. In the first half of 2022, the company:
- Added 41 new clients including leading players in the restaurant, clothing and home appliances retail segments as well as large established pharma and health insurance companies.
- Extended its relationships with several long-standing marquee clients.
- Partnered with the Massachusetts Institute of Technology (MIT) for its Industrial Liaison Program (ILP) where Semantix will help monitor emerging technology trends and work directly with faculty on forthcoming research and recruitment efforts.
Innovation is the focal point of Semantix’s growth strategy. In the first half of 2022, the company introduced a number of new technological breakthroughs with its Semantix Data Platform (SDP) including:
- The release of the Semantix Data & AI Marketplace, consisting of a new array of features that significantly streamline the analytical journey for users of SDP. The Data & AI Marketplace provides an app store-like experience that puts frequently used data sets and pre-packaged, vertical specific algorithms at the fingertips of data scientists and business analysts around the world.
- The availability of Analytics Chat, a new feature that enables users of SDP to gain analytical insights into their business’s performance via an easy-to-use chat interface.
- The introduction of a new data catalog governance feature for our clients, which allows centralized management, and lineage of data through SDP, which adds a new layer of security, data governance and privacy.
- The development and release of two new data science models, which will be offered off-the-shelf and use AI algorithms to solve business challenges, including:
- A model for facial recognition technology – particularly for those that are wearing masks and/or personal protective equipment (PPE)
- Time Series Forecasting models that leverage 2D clustering to evaluate correlations of the results of the models.
- The ability to run streaming and real time with Kafka and Spark.
- Overall improvements of SDP’s user experience (UX) providing an array of new usability and accessibility enhancements that streamline the experience.
Operationally, Semantix continued to expand its global footprint while attracting new talent to help the business move its growth strategy forward. Operational growth in the first half of 2022 included:
- Two new additions to the executive leadership team. In February, the company added Mathias Rech as its Chief Human Resources Officer to help the company effectively manage the growth of its team. And in May, the company welcomed Marcela Bretas as its Chief Strategy Officer to help Semantix successfully navigate the company’s corporate venture capital initiatives, its merger and acquisition strategy and all aspects of investor relations.
- The addition of more than 100 new employees around the globe – spanning multiple aspects of the business including technology development, marketing, sales operations and more. Semantix currently has more than 650 global employees with plans to continue its expansion throughout the remainder of 2022.
- A new office in Miami, Florida staffed primarily with members of the executive leadership team and sales, marketing and technology professionals. The company also has plans to open new locations in Latin America and Europe to meet growing demand for its technology in those targeted geographies.
“It’s hard to grasp what we’ve been able to accomplish as a team over the past six months,” said Leonardo Santos, co-founder and CEO of Semantix. “The pace of our growth, matched with the increasing reliance on data analytics technology for business intelligence and strategy has created the perfect storm for Semantix. I still remember our first client and the way we worked with them. As we make our way to the public markets years later, we follow the same approach to our client relationships – constantly looking for new ways we can add value for them through technology and insights.”
Pending Transaction with Alpha Capital
On November 16, 2021, Semantix entered into a definitive merger agreement with Alpha Capital Acquisition Company (NASDAQ: ASPC). As a result of this transaction, the Company could add as much as approximately $320 million to the balance sheet, net of transaction fees and assuming no stockholder redemptions, which will be used to fuel future growth and further technological innovations.
The Special Meeting to approve the pending business combination is scheduled to be held on Tuesday, August 2, 2022 at 10:00 AM Eastern time. The Special Meeting will be held physically at the offices of Davis Polk & Wardwell LLP located at 1600 El Camino Real, Menlo Park, California 94025, and virtually via live webcast by visiting www.virtualshareholdermeeting.com/ASPC2022SM. Holders of Alpha Capital shares of common stock at the close of business on the record date of June 14, 2022 are entitled to notice of the virtual Special Meeting and to vote at the Special Meeting. If the proposals at the Special Meeting are approved, the parties anticipate that the business combination will close shortly thereafter, subject to the satisfaction or waiver (as applicable) of all other closing conditions. Alpha Capital stockholders who need assistance voting or have questions regarding the Special Meeting may contact Alpha Capital at 1 (732) 838-4533 or info@alpha-capital.io. www.semantix.ai.
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