Press Release
Narratize announces a new funding round led by North Coast Ventures and joined by major corporate enterprises to accelerate the company's AI-native product innovation platform that helps teams bring superior products to market faster, smarter, and with greater impact.
Cincinnati, OH – May 14, 2025 – Narratize, the first agentic AI-powered platform designed to guide products from ideation to market launch today announced it has closed a new funding round led by North Coast Ventures and joined by major corporate enterprises including Comcast and Engage, whose investors include Delta, Coca-Cola, Home Depot, Georgia-Pacific, Unum, and more. This investment is aimed at accelerating the company's growth and fueling the development of the next generation of AI agents tuned to accelerate speed-to-market in advanced industries like consumer goods, aviation, manufacturing, and medicine.
The funding is set to fuel Narratize's core mission: to empower innovation teams by reducing friction in the idea-to-launch process, building cross-functional alignment, and unlocking the full potential of every product and discovery.
"Product development teams are struggling with a hidden challenge that's costing them millions in lost time and missed opportunities," said Katie Trauth Taylor, CEO and Founder of Narratize. "Knowledge—the insights that drive innovation—is scattered, siloed, and often completely inaccessible when teams need it most. This funding allows us to scale our first-of-its-kind Product Knowledge HubsTM AI architecture and AI innovation agents to help organizations innovate smarter and faster than ever before.”
"This funding allows us to scale our first-of-its-kind Product Knowledge HubsTM AI architecture and AI innovation agents to help organizations innovate smarter and faster than ever before.” Katie Trauth Taylor, CEO and Founder of Narratize
Narratize's platform is built on a foundation of structured knowledge management and leverages proprietary agentic AIs to automate critical aspects of the product innovation lifecycle. The platform’s Product Knowledge Hubs serve as a single source of truth for product documentation, capture insights from users seamlessly, make knowledge and insights discoverable through natural language search, and automate documentation generation to speed teams along the innovation process.
"The most powerful tool innovators have is knowledge. But knowledge only drives innovation when teams can access and act on it effectively," said Catherine O'Shea, COO and Co-Founder of Narratize. "This investment validates our approach and will help us expand our reach to more product and innovation leaders seeking to accelerate their innovation cycles.”
Customers using Narratize have reported significant business impact, including efficiency gains and strategic benefits. Specifically, customers like Boeing, NASA, Comcast, Kao and MIT have reported cutting workflow cycles by 46%, saving 9 hours per person weekly on documentation, and tripling documentation quality and shipping over 350 new products to market since Narratize’s launch. All the while, Narratize preserves institutional memory and expertise that might otherwise be lost.
Narratize’s unique hub structure enables organizations to transform scattered information into strategic advantage, enabling seamless cross-functional collaboration and enterprise-wise product portfolio visibility. Narratize integrates with internal systems and important development platforms, including ERPs, CRMs, CMSs, and PLMs—making data ingestion and content publishing seamless.
“At the end of the day, this is about helping organizations identify, scope, develop, and launch the next billion dollar idea before their competitors do,” CEO Katie Trauth Taylor
“At the end of the day, this is about helping organizations identify, scope, develop, and launch the next billion dollar idea before their competitors do,” says CEO Katie Trauth Taylor. “The pace of product innovation is about to hit an unprecedented speed and impact thanks to secure, trusted platforms like Narratize that give teams the freedom to ideate as well as the streamlined rigor to make the right decisions at every gate review. We’re eager to scale these capabilities to more customers—helping new discoveries and solutions get to market faster to solve critical societal and business problems.”
About Narratize Narratize is the ultimate product innovation platform, empowering organizations to bring superior products and discoveries to market— faster, smarter, and with greater impact. By solving the knowledge bottleneck in product development, Narratize streamlines processes, fosters alignment, and accelerates time-to-market. The platform provides individual innovation workspaces, team Product Knowledge Hubs, and Enterprise Product Portfolio Management capabilities, sparking an unprecedented era of product intelligence and innovation.
Alicia Surrao
VP of Product Marketing
Alicia@narratize.com
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