What is Data-Flyte?
Data-Flyte operates within the Energy, Utilities & Waste industry, a sector critical to modern infrastructure and sustainability efforts. The company, based in Knoxville, Tennessee, employs between 10 to 19 individuals and generates between $1M to $5M in revenue. Its focus on this vital industry suggests a role in optimizing operations, managing resources, or developing innovative solutions for energy production, distribution, or waste management.
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 Chattanooga Renaissance Fund and Blank Slate Ventures
Key Investors in Data-Flyte
Chattanooga Renaissance Fund
Chattanooga Renaissance Fund is an angel capital fund dedicated to fostering entrepreneurship and economic growth in Tennessee and surrounding areas. The fund primarily invests in seed and early-stage companies that demonstrate strong growth potential and are seeking mentorship.
Blank Slate Ventures
Blank Slate Ventures is a seed fund designed specifically for pre-revenue startups in the Chattanooga region. We are looking to invest in teams of entrepreneurs who are building companies that have the potential to disrupt their respective industries.
What's next for Data-Flyte?
The recent major strategic investment indicates Data-Flyte is likely entering a phase of accelerated growth or significant operational expansion. This capital infusion will probably be directed towards scaling its technological capabilities, expanding its market reach, and potentially developing new service offerings. The company's trajectory suggests a move towards solidifying its position as a key player in the energy and utilities landscape, leveraging this financing to drive innovation and operational efficiency.
See full Data-Flyte company page
