INDEXING
HUMAN
BEHAVIOR
Industry veterans Verkasalo and Chatterji launch
a revolutionary behavioral data start-up Behavix
New York City, USA, and Helsinki, Finland - September 3, 2024
Today marks the launch of Behavix Inc., a groundbreaking new company poised to disrupt the online behavioral data market. Founded by serial entrepreneurs and industry veterans, Hannu Verkasalo and Surath Chatterji, Behavix is transforming how behavioral data is collected, processed, and utilized by businesses worldwide. Behavix earlier this year raised their seed funding and are now out of beta, welcoming customers - both panel companies and data users - to join its growing ecosystem.
Revolutionizing Market Research with Behavioral Data as a Service
The market research industry, valued at over $100 billion annually, has long relied on legacy methods such as surveys and interviews to gather consumer insights. However, these methods are limited by their reliance on self-reported data, which is often biased, inaccurate and lacks depth. Behavix is stepping in to change this by providing high-quality, opt-in-based behavioral data at scale, enabling businesses to make more informed decisions with real-time, empirical insights.
"Behavioral data is the true index for human behavior online," said Hannu Verkasalo, Co-Founder of Behavix. "Our mission is to empower businesses with next-generation data-driven products derived from ethical and transparent consumer behavioral data. By leveraging our innovative AI-powered technology, we are bridging the gap between consumers and brands, enabling businesses to unlock new levels of understanding about their customers to gain competitive advantage."
A Visionary Team with Proven Success
Behavix is led by a team of seasoned professionals with extensive experience in the fields of market research, media and Ad Tech, SaaS and analytics platforms. Hannu Verkasalo, a serial entrepreneur, has built and sold several successful companies, including MobiTrack Innovations, Zokem, and Verto Analytics. He has also held executive positions at industry giants such as Arbitron and Nielsen. Surath Chatterji brings a wealth of experience from leading roles at Unity Technologies, Rovio/Hatch Entertainment, Verto Analytics and DISQO, making him a formidable leader in product development and technology innovation.
"Behavix is uniquely positioned to lead the next wave of innovation in the market research industry," said Surath Chatterji. "Our proprietary technology allows us to collect behavioral data across all digital touchpoints, providing a comprehensive view of consumer behavior that is unmatched in the industry. We want to empower every product team with high-quality behavioral data which we think is the crude oil for building and marketing great products that consumers love."
Innovative Technology Driving the Future of Data Collection
At the core of Behavix's platform is its proprietary, free behavioral data collection technology. This innovative tool enables market research companies and app/web publishers to collect opt-in-based behavioral data from a wide range of consumer devices. The data collected is then processed, enriched, and delivered back to panel companies, providing them with deep behavioral profiles of their panelists.
Behavix also offers sophisticated data feed solutions to businesses across various industries, including finance, technology, media, gaming and market research. These customers require high-precision enriched data feeds to power their internal processes, data models, products and marketing initiatives. With the rise of walled gardens and all the restrictions regarding server-side and cookie/pixel-based tracking technologies, opt-in consumer panels are becoming increasingly vital. Behavix's solutions are not only timely but essential for businesses looking to stay ahead in a rapidly evolving digital landscape.
A Platform for the Future
Behavix's business model is built on the concept of Behavioral Data as a Service (DaaS), offering long-term recurring data solutions for its clients to make better and more actionable decisions in real-time. Behavix focuses on innovating on its ground-breaking on-device data collection, data processing and enrichment capabilities, ensuring that the data provided to customers is of the highest quality and ready for immediate use.
"We are building a zero-party independent platform that bridges the gap between behavioral data supply and demand," added Verkasalo. "Our goal is to democratize access to high-quality behavioral data, enabling businesses of all sizes to harness the power of data-driven insights."
Poised for Growth and Market Leadership
With a well-defined go-to-market strategy, Behavix is poised for rapid growth. The company is already in operation with significant industry partners and data users. Headquartered in Helsinki, Finland, with teams in the United States and across Europe, Behavix is strategically positioned to become a global leader in the market research industry. The company's focus on innovation, transparency, and privacy ensures that it will remain at the forefront of this rapidly changing market.
For more information, please visit Behavix's website at www.behavix.io or contact:
Press Contact:
Email: marketing@behavix.io
Phone: +1-347-223-1856
About Behavix
Behavix Inc. is a pioneering company dedicated to revolutionizing the collection, processing, and utilization of behavioral data. Founded in 2023 by industry veterans Hannu Verkasalo and Surath Chatterji, Behavix provides innovative AI-powered solutions that enable businesses to make data-driven decisions with real-time, high-quality insights. With its unique Behavioral Data as a Service model, Behavix is set to disrupt the market research industry and lead the next wave of innovation in consumer data analytics.