How Much Did Cleanlab Raise?
Funding & Key Investors

Cleanlab has successfully secured a significant capital injection, bringing its total funding to $30M. This latest financing round, which contributed $25M to the company's balance sheet, underscores the growing market demand for robust data-centric AI solutions. By attracting high-profile institutional backing, Cleanlab is well-positioned to accelerate its mission of refining the foundational assets of the modern enterprise.

The company's growth trajectory, marked by a transition from early-stage development to a more mature Series A scaling phase, reflects the critical importance of data integrity in the current machine learning landscape. As organizations increasingly prioritize the quality of their datasets over mere volume, Cleanlab's strategic positioning as a provider of diagnostic and corrective algorithms has become a cornerstone of its value proposition.

What is Cleanlab?

Cleanlab
SoftwareBusiness Intelligence (BI) SoftwareEngineering Software

Headquartered in San Francisco, Cleanlab operates at the intersection of data science and enterprise software. The company specializes in data-centric AI (DCAI), offering a suite of algorithms and interfaces designed to identify and rectify issues within complex datasets. By providing both open-source software and enterprise-grade SaaS products, Cleanlab enables data scientists and engineers to enhance the reliability of their machine learning models. In an era where data is the primary asset for competitive advantage, Cleanlab addresses the systemic challenge of data quality, a domain that remains underserved by traditional data management and model development platforms.

How much funding has Cleanlab raised?

Cleanlab has raised a total of $30M across 2 funding rounds:

2023

Angel/Seed

$5M

Series A

$25M

Angel/Seed (2023): $5M with participation from Bain Capital Ventures

Series A (2023): $25M led by Bain Capital Ventures, TQ Ventures, and Menlo Ventures

Key Investors in Cleanlab

Bain Capital Ventures

Bain Capital Ventures is the venture capital arm of the global investment firm Bain Capital, focusing on early-stage investments across diverse sectors including enterprise software and infrastructure.

TQ Ventures

TQ Ventures is a New York-based firm led by Schuster Tanger and Andrew Marks, specializing in B2B software businesses with durable competitive advantages.

Menlo Ventures

Menlo Ventures is a Menlo Park-based firm that partners with founders through multiple stages of scale, with a strong focus on enterprise software, fintech, and frontier technology.

What's next for Cleanlab?

With the recent infusion of capital, Cleanlab is poised to expand its enterprise footprint and further refine its DCAI product suite. The company's strategic roadmap likely involves scaling its engineering team to support the increasing demand for automated data quality tools and deepening its integration within the broader machine learning ecosystem. As the industry shifts toward more rigorous data governance, Cleanlab's ability to provide actionable insights into dataset health will be instrumental in maintaining its market leadership. Investors are clearly betting on the company's capacity to standardize how enterprises approach the lifecycle of their data, moving beyond simple storage to active, intelligent optimization.

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Frequently Asked Questions Regarding Cleanlab Financial Insights

What are the most recent funding rounds that Cleanlab has completed, and what were the funding rounds?
Cleanlab has recently completed 2 funding rounds: Series A on Oct 10, 2023, Angel/Seed on Jul 21, 2023.
What is the total amount of funding Cleanlab has raised to date?
Cleanlab has raised a total of $30M in funding to date.
How many funding rounds has Cleanlab completed?
Cleanlab has completed 2 funding rounds.
How much funding did Cleanlab raise in its most recent funding round?
Cleanlab raised $25M in its most recent funding round.
Who are the lead investors in Cleanlab's latest funding round?
The lead investor in Cleanlab's latest funding round was Bain Capital Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Cleanlab's history?
The largest funding round in Cleanlab's history was $25M.
See more information about Cleanlab