What is Datafold?
Founded in 2020 and headquartered in San Francisco, DataFold operates as a data reliability platform designed to empower data teams to accelerate the delivery of dependable data products. The company's core technology proactively identifies, prioritizes, and investigates data quality issues, preventing them from impacting production environments. This focus on proactive data integrity is crucial in today's data-intensive business landscape, where the accuracy and availability of data directly influence operational efficiency and strategic decision-making.
How much funding has Datafold raised?
Datafold has raised a total of $22.1M across 2 funding rounds:
Angel/Seed
$2.1M
Series A
$20M
Angel/Seed (2020): $2.1M with participation from NEA
Series A (2021): $20M led by NEA and Amplify Partners
Key Investors in Datafold
NEA
NEA is a prominent venture capital firm known for investing in companies across various stages and sectors, often focusing on technology and healthcare.
Amplify Partners
Amplify Partners invests in early-stage companies pioneering novel applications in machine intelligence and computer science. The firm's deep domain expertise and unrivaled relationships with leading technologists, positions it uniquely with enterprise insight and the ability to serve technical founding teams.
What's next for Datafold?
The recent major strategic investment signals Datafold's transition into a scaling phase, likely focusing on expanding its market reach, enhancing its platform capabilities, and further solidifying its position as a leader in data observability and reliability. Future growth will likely involve deeper integration with existing data stacks and the development of advanced analytics for data quality monitoring. The company's trajectory suggests a strong emphasis on enterprise adoption and building robust partnerships within the data ecosystem.
See full Datafold company page
