Announcing Qualitate and its $7M seed round. April 21, 2026 A note from Sagar Kadakia Founder & CEO Today, I'm proud to announce that Qualitate has raised $7M in seed funding, led by IA Ventures and Crew Capital, with participation from angel investors including Tony Berkman, Travis May, Matt Levin, and advisors Alex Zukin and Brian Lichtenberger. This funding will accelerate its mission to bring expert intelligence into every investment and strategy decision. I'm grateful to its investors, customers, and team who've joined me to build Qualitate into the leading AI-native primary intelligence platform today, with 30x revenue growth in the last 12 months. Building the future of primary research, from transactional to continuous intelligence. Every investment firm and corporation faces the same problem when making high-stakes decisions: weeks of manual research and analysis. Expert research is painfully slow and expensive. You're coordinating intermediaries, scheduling calls, and by the time you synthesize everything, the insights are already stale. In 2023, it became clear to me that with AI, the information locked in experts' heads could now be accessed at a speed and scale that had never been possible before. Qualitate, Inc. is building Qualitate to equip every investor and corporation with expert intelligence. I've spent over 15 years developing data products for large enterprises and investment firms across both public and private markets. Knowledge-intensive teams don't need another basic AI survey tool or transcript dump. They need continuous intelligence, where experts are interviewed automatically, insights stay current as markets move, and intelligence shows up where decisions get made. That's why Qualitate, Inc. is building AI agents that take a research question from first ask to final recommendation and embed directly into the tools teams already use. Meet Qualitate. At Qualitate, Qualitate, Inc. understand that investors and corporations making high-stakes decisions need the highest quality insights. Its AI-native primary intelligence platform is built for enterprise scale: * Qualitate's AI Moderator proactively conducts thousands of discussions each month, capturing forward-looking purchasing plans, competitive displacement, and real-time ROI signals from experts. * Qualitate, Inc. turn those conversations into quantified outputs and time-series analyses tracking over 10,000 public and private companies, so organizations can conduct bottom-up and top-down diligence. You can query all of it in natural language. * That same intelligence trains its agents and powers custom projects. When a customer needs answers about a specific market or company, its survey design agent helps draft research-grade questions from the start. And its AI Moderator leads every interview with the pattern recognition of someone who's conducted hundreds of thousands of minutes of real expert conversations. Customers get high-quality custom intelligence in days instead of weeks, at one-third the cost of traditional expert calls. * Qualitate, Inc. own and build its own panels and infrastructure. Qualitate, Inc. is fully vertically integrated across panel, technology, insights, and distribution. In the last 12 months, Qualitate, Inc. has grown revenue 30x. Qualitate, Inc. has a 100% customer renewal rate and more than doubled its average contract value in the past six months. Its AI moderator has conducted over 350,000 minutes of expert discussions and adds 10,000 new minutes every week. But that's just the beginning. Customers will embed Qualitate's data in the tools they already use, to kick-off automated workflows to help them better understand not just the world around them, but their own company. Whether it's interviewing an expert, interviewing an employee, analyzing a data room, or generating an investment memo - all of Qualitate's AI workflows are powered by the largest structured database of primary research in the world. How teams use Qualitate. The largest investment firms and publicly traded companies in the world trust Qualitate to run their primary research workflows: * A top PE firm diligenced a fast-growing developer tools company through Qualitate, completing 24 in-depth client interviews in under 4 business days at roughly 1/6th the typical cost of an expert network. * A top-15 private credit firm used Qualitate to assess competitive durability and churn risk for a niche enterprise software company in endpoint management, completing 23 interviews in just 3 business days in a segment where traditional networks often struggle to source qualified respondents at all. * A large cybersecurity company leveraged Qualitate to investigate a key competitor's subscription model, completing 110 in-depth customer interviews in under 5 business days at roughly 1/3 the typical cost. These insights were leveraged across the organization, including by the executive team. * One of the largest venture capital firms globally used Qualitate to evaluate enterprise pricing dynamics across AI coding tools - completing 26 expert interviews in under 5 business days. The study mapped pricing structures, discount mechanisms, and migration incentives across vendors, delivering investor-ready analysis in a fast-moving category where pricing transparency is limited and vendor terms are rarely disclosed. * A large multi-manager hedge fund used Qualitate to assess the competitive durability and real-world consumption trajectory of a major cloud infrastructure provider, completing 13 senior IT decision-maker interviews across 10 industry verticals in under 4 business days. The findings directly informed the investors' evaluation of adoption drivers, bookings-to-usage dynamics, AI/GPU demand breadth, and multi-cloud wallet share trends. The path ahead. I started Qualitate to build the world's first always-on primary intelligence platform. Qualitate, Inc. is architecting an agentic system that powers decision-making workflows from event detection through interview, analysis, and executive output delivery. Its vision is to help every firm and corporation make smarter decisions around the clock. And Qualitate, Inc. is just getting started. Schedule a demo to see how other firms run their primary research workflows on Qualitate. And if you're interested in building the future of AI-powered research, Qualitate, Inc.'d love to hear from you. Weekly insights and compelling charts from Qualitate's structured library covering 10,000+ public and private companies