What is Data-Flyte?
Data-Flyte is a Knoxville, Tennessee-based entity operating within the Energy, Utilities & Waste industry. With a team size estimated between 10 to 19 employees and reported revenues between $1M to $5M, the company is positioned as a growing player in its field. Its operations likely involve leveraging data analytics and technology to optimize processes, enhance efficiency, or provide innovative solutions within the energy and waste management sectors.
How much funding has Data-Flyte raised?
Data-Flyte has raised a total of $600K across 1 funding round:
Private Equity
$600K
Private Equity (2014): $600K with participation from Blank Slate Ventures and Chattanooga Renaissance Fund
Key Investors in Data-Flyte
Blank Slate Ventures
Blank Slate Ventures is a seed fund focused on pre-revenue startups, particularly those in the Chattanooga region with disruptive potential. Their past success includes an investment in Quickcue, which was later acquired by OpenTable.
Chattanooga Renaissance Fund
The Chattanooga Renaissance Fund is an angel capital fund dedicated to fostering entrepreneurship in Tennessee and surrounding areas, investing in seed and early-stage companies with strong growth potential and a need for mentorship.
What's next for Data-Flyte?
The substantial enterprise-level funding suggests Data-Flyte is poised for significant scaling and market expansion. This capital injection will likely fuel product development, enhance operational capabilities, and potentially facilitate strategic partnerships or acquisitions. The company's focus on the Energy, Utilities & Waste sector, coupled with recent strategic investment, indicates a trajectory towards becoming a key contributor to industry advancements and sustainable practices.
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