Funding round
Dataiku Series C
Dataiku, which works in AI platform development in New York, raised $101M in a Series C round announced on 19 Dec 2018, led by ICONIQ Capital. 5 firms took part, 4 of them already investors. It is Dataiku's fourth venture round on record; the one before was a Series B in Sep 2017.
$101M
Amount raised
Not disclosed
Post-money valuation
5
Investors
1 lead
Valuation
What this round says about the price
Dataiku did not disclose a valuation in this round. It came 15 months after Dataiku's Series B. It is 12% of the $847M Dataiku has raised in the venture rounds on record. Dataiku raised again 20 months later: a Series D round of $100M in Aug 2020. 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 1 Oct 2016, led by FirstMark $14M
- Series B 6 Sep 2017, led by Battery Ventures $28M
- Series C this round 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
ICONIQ Capital led the round with 4 other firms. Alven, Battery Ventures, Dawn Capital and FirstMark had backed Dataiku before.
Lead investor
- ICONIQ Capital new investor
Also in the round
- backs 69 venture-backed companies existing investor
- Battery Ventures backs 215 venture-backed companies existing investor
- backs 46 venture-backed companies existing investor
- FirstMark backs 128 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
230 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $35M, and this round was 2.9 times the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 18 Dec 2018 | $40M | not disclosed | FTV Management Company |
| Tech Companies | 10 Dec 2018 | $36M | not disclosed | Yttrium |
| Tech Companies | 26 Dec 2018 | $35M | not disclosed | DAG Ventures |
| Tech Companies | 4 Dec 2018 | $33M | not disclosed | not named |
| Tech Companies | 6 Dec 2018 | $30M | not disclosed | Insight Partners |
| Tech Companies | 11 Dec 2018 | $23M | not disclosed | Jerusalem Venture Partners |
| Tech Companies | 6 Dec 2018 | $15M | not disclosed | NewSpring |
| Tech Companies | 28 Dec 2018 | undisclosed | not disclosed | not named |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Dataiku raise in its Series C round?
Dataiku raised $101M in its Series C round, announced in Dec 2018.
Who led Dataiku's Series C round?
ICONIQ Capital led it, with Alven, Battery Ventures, Dawn Capital and FirstMark.
What was Dataiku's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Tech Companies?
230 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $35M, and this round was 2.9 times the median.
Did Dataiku raise again after this round?
Yes: a Series D round in Aug 2020 of $100M.