Dataiku Raises $200 Million at a $3.7 Billion Valuation

Dataiku is a company that operates as a machine-learning platform and an enterprise artificial intelligence. It is a data platform that assists businesses in data operations from analytics at scale to enterprise AI. The company describes itself as a service that provides ‘Everyday AI’ through, “democratizing data and empowering organization-wide collaboration”.

The funding round Series F was led by Wellington Management. Among other investors were existing investors – Tiger Global, ICONIQ Growth, CapitalG, FirstMark Capital, Battery Ventures, Snowflake Ventures, and Dawn Capital. The new investors’ list includes Insight Partners, Eurazeo, Lightrock, and Datadog CEO Olivier Pomel. Money raised will be used for a product offering acceleration.

Dataiku, New York, USA, was founded by Clément Stenac, Florian Douetteau, Marc Batty, and Thomas Cabrol in 2013. Dataiku’s ‘Everyday AI’ approach has a set of tools to remove the silos between business units, as well as it can be applied for predictive AI model creation and deriving insights from unstructured data. The company’s client base consists of over 500 enterprises, including 150 of the world largest ones. “We are on the cusp of a massive market transformation with AI at the heart of it and we are ready to meet the moment,” Florian Douetteau, Dataiku’s CEO.

Previous Post

Lenskart is to Raise $400 Million from ADIA at a $4.5 Billion Valuation

Next Post

Shield AI Raises $60 Million at $2.7 Billion Valuation

Related Posts