Funding round
Dataiku Series A
Dataiku, which works in AI platform development in New York, raised $14M in a Series A round announced on 1 Oct 2016, led by FirstMark. 7 firms took part, 6 of them already investors. It is Dataiku's second venture round on record; the one before was a Seed in Jan 2015.
$14M
Amount raised
Not disclosed
Post-money valuation
7
Investors
1 lead
Valuation
What this round says about the price
Dataiku did not disclose a valuation in this round. It came 21 months after Dataiku's Seed. It is 1.7% of the $847M Dataiku has raised in the venture rounds on record. Dataiku raised again 11 months later: a Series B round of $28M in Sep 2017. Its next priced round, a Series E in Aug 2021, valued it at $4.60B.
Dataiku's funding rounds
Dataiku has 7 venture rounds on record. This one is highlighted.
- Seed 1 Jan 2015, led by Alven and Serena $3.6M
- Series A this round 1 Oct 2016, led by FirstMark $14M
- Series B 6 Sep 2017, led by Battery Ventures $28M
- Series C 19 Dec 2018, led by ICONIQ Capital $101M
- Series D 1 Aug 2020, led by Stripes $100M
- Series E 5 Aug 2021, led by Tiger Global $400M$4.60B post-money
- Series F 13 Dec 2022, led by Wellington Management $200M$3.70B post-money
Investors
Who put money in
FirstMark led the round with 6 other firms. Alven, Serena, Accel and Giant Ventures and 2 more had backed Dataiku before.
Lead investor
- FirstMark backs 128 venture-backed companies new investor
Also in the round
- backs 69 venture-backed companies existing investor
- backs 57 venture-backed companies existing investor
- Accel backs 581 venture-backed companies existing investor
- backs 51 venture-backed companies existing investor
- backs 65 venture-backed companies existing investor
- Spark Capital backs 234 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
535 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $7.0M, and this round was 2.0 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 11 Oct 2016 | $20M | not disclosed | Silversmith Capital Partners |
| Contentsquare Tech Companies | 1 Oct 2016 | $20M | not disclosed | Highland Europe |
| Tech Companies | 12 Oct 2016 | $13M | not disclosed | Bain Capital Ventures |
| Tech Companies | 1 Oct 2016 | $10M | not disclosed | not named |
| Tech Companies | 20 Oct 2016 | $10M | not disclosed | Accel and New Enterprise Associates |
| Tech Companies | 19 Oct 2016 | $9.5M | not disclosed | Drive Capital and Accel |
| Tech Companies | 13 Oct 2016 | $8.2M | not disclosed | Balderton Capital |
| Tech Companies | 7 Oct 2016 | $8.0M | not disclosed | not named |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Dataiku raise in its Series A round?
Dataiku raised $14M in its Series A round, announced in Oct 2016.
Who led Dataiku's Series A round?
FirstMark led it, with Alven, Serena, Accel, Giant Ventures and Radical Ventures and 1 more.
What was Dataiku's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
535 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $7.0M, and this round was 2.0 times the median.
Did Dataiku raise again after this round?
Yes: a Series B round in Sep 2017 of $28M.