Dataiku raises $28M Series B to help democratize Data Science and Analytics across organizations

News

Led by Battery Ventures and supported by existing investors Alven, FirstMark and Serena Capital, the company will continue to empower analysts, data scientists, data engineers, and managers to collaborate and effectively create data science products that yield business-impacting insights.

Alven has been supporting Dataiku since 2015 and we are excited to announce that Dataiku has raised a $28M Series B led Battery Ventures, new entrant.

Founded in Europe in 2014, the company has grown into a global brand synonymous with driving innovation through cutting-edge data science and machine learning technologies. The Dataiku platform combines these technologies with collaborative features that allow anyone in an organization to contribute to the data science production process. By effectively ‘democratizing data science’ it enables each team member, from coders to analysts, to contribute to the data production and analysis process using the tools they know best.

Dataiku comes at a time when there is an incredible growing demand to maximize in-house data production and analysis. As reflected by their growth and profitability since their founding, Dataiku has anticipated this demand with their unique enterprise platform designed for the increased productivity and collaboration of data scientists, programmers, and analysts within and across organizations.

Today, hundreds of companies around the world, from Fortune 500s to SMBs, including L’Oreal, NPR, AXA, Kuka, and many others, use Dataiku on a daily basis to create, build, and deliver data products efficiently.

With this latest funding round, Dataiku plans to hire 100 new team members in the upcoming months, substantially increase global marketing efforts, and accelerate the development of new features and integrations within their platform. Dataiku is looking mostly for profiles that demonstrate above average analytical as well as customer facing communication skills. As the company consistently strives to build a stimulating work environment where learning, working, and playing collide, it hopes to attract curious people that want to discover, learn, and have a lasting impact on the global data ecosystem.


Share

Alven bolsters leadership team with Bartosz Jakubowski’s promotion to Partner

Bartosz has been a member of the Alven team since 2019, initially joining as Investment Manager and quickly rising through the ranks…

Read

Creative Fabrica raises $61M to expand its digital platform for the global crafting & design market, accelerating through generative AI

Amsterdam-based Creative Fabrica, a social platform for crafters and designers, has raised $61M in growth capital to offer more resources for its community of 4 million creators. The round is led by Alven, joined by LionTree and TriplePoint with continued participation from Peak Capital, Felix Capital and FJ Labs. The funding will be used towards existing and new creator verticals, further build out of the platform’s designer network, expansion of creative generative AI toolset, and growing the team with senior talent globally.

Read

Dataiku Announced a $200 Million Series F funding at a $3.7 billion valuation

Dataiku, the platform for Everyday AI, today announced $200 million in Series F funding led by new investor, Wellington Management, at a $3.7 billion valuation.

Read