What is Datafold?
Founded in 2020 and headquartered in San Francisco, DataFold is a data reliability platform designed to empower data teams to deliver dependable data products with enhanced speed. The platform's core capability lies in its proactive identification, prioritization, and investigation of data quality issues, thereby preventing adverse impacts on production environments. This focus on proactive data governance positions DataFold as a critical solution for organizations grappling with the complexities of maintaining data integrity in an increasingly data-intensive landscape.
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 Amplify Partners and NEA
Key Investors in Datafold
NEA
NEA is a prominent venture capital firm known for investing in companies across various stages, from seed to growth. Their involvement suggests a belief in Datafold's long-term potential and scalability.
Amplify Partners
Amplify Partners specializes in early-stage technology companies, particularly in machine intelligence and computer science. Their investment indicates a focus on Datafold's innovative technological foundation and its potential for disruption.
Undisclosed investor
An undisclosed investor participated in this funding round, suggesting strategic alignment or a desire for privacy in their investment activities.
What's next for Datafold?
The recent major strategic investment signifies a pivotal moment for Datafold, likely enabling accelerated product development, expansion into new markets, and scaling of its engineering and sales teams. This capital infusion is expected to bolster Datafold's competitive edge in the burgeoning data reliability market, allowing for further innovation in AI-driven data quality assurance and broader enterprise adoption. The company is poised to solidify its position as a leader in ensuring data product dependability.
See full Datafold company page
