Polestar Analytics announced on August 18, 2025, a $12.5 million growth capital raise from U.S.-based family offices and institutional investors, alongside the appointment of Michel Combes as Chair of the Board, to advance its AI-driven analytics and proprietary 1Platform.
Funding: $12.5M raised to deepen AI capabilities and enhance 1Platform.
Announcement Date: August 18, 2025.
New Leadership: Michel Combes appointed Chair of the Board.
1Platform: Industry-leading data convergence solution for enterprise analytics.
Leadership Quote: CEO Chetan Alsisaria calls it a “pivotal moment” for innovation.
Market Impact: Strengthens Polestar’s position in the $100B AI analytics market.
Polestar Analytics secured $12.5 million in growth capital to bolster its AI-driven data analytics and planning capabilities, focusing on its proprietary 1Platform, recognized as a top solution for enterprise-scale data convergence. “This investment marks a pivotal moment in our mission to redefine how enterprises harness data and AI,” said Chetan Alsisaria, CEO of Polestar Analytics. The funds will drive R&D in artificial intelligence and accelerate enhancements to 1Platform, enabling faster, scalable data-to-outcome solutions for industries like retail, pharmaceuticals, and manufacturing.
Michel Combes, a veteran technology executive with over 30 years of experience, joins as Chair of the Board. Combes, currently Executive Chairman and Acting CEO at Brightspeed and a Partner at ForgeLight, has held leadership roles at SoftBank Group International, Sprint, Altice N.V., Alcatel-Lucent, Vodafone Europe, and France Télécom. “I am delighted to join Polestar Analytics at this pivotal moment in the company’s growth,” Combes said, praising 1Platform’s benchmarks in data convergence and intelligent insights. His expertise is expected to scale Polestar into a global leader in AI analytics.
Founded by Chetan Alsisaria, Amit Alsisaria, and Ajay Goenka, Polestar Analytics’ 1Platform simplifies complex decision-making by converging diverse data sources, optimizing supply chains, demand forecasting, and customer intelligence. The platform has driven efficiency improvements, such as 25% faster forecasting for clients like Paytm, and serves over 350 clients across 20+ geographies. Posts on X, such as from @PolestarLLP, highlight the funding’s role in scaling AI capabilities, positioning Polestar in the $100 billion AI analytics market, projected to grow at a 27.67% CAGR through 2030.
The $12.5M raise follows Polestar’s brand consolidation in May 2025, reinforcing its data analytics leadership. With Combes’ appointment, Polestar aims to expand globally, leveraging his track record in scaling tech firms. The company’s focus on AI and analytics aligns with industry trends, as competitors like Palantir report similar AI-driven growth. Polestar’s stock is not publicly traded, but its valuation and client growth reflect strong market confidence.
Founded with a mission to simplify complex decision-making through intelligent, scalable solutions, Polestar Analytics develops cutting-edge AI, analytics & planning solutions for enterprises. The company's flagship 1Platform enables organizations to simplify the data-to-outcome journey.