What is DataRobot?
Founded in 2012 and headquartered in Boston, Massachusetts, DataRobot provides an automated machine learning platform designed to empower data scientists of all expertise levels. The platform facilitates the rapid development and deployment of accurate machine learning models, significantly reducing the time-to-value for organizations seeking to leverage AI. DataRobot's comprehensive solution addresses the complexities of the machine learning lifecycle, from data preparation to model deployment and monitoring, making advanced AI accessible and actionable for a broad range of enterprise applications.
How much funding has DataRobot raised?
DataRobot has raised a total of $4.1B across 12 funding rounds:
Series A
$21M
Series B
$32.7M
Series C
$67.7M
Series D
$100M
Series E
$206M
Other Financing Round
$270M
Series F
$2.8B
Unspecified
$250M
Series G
$300M
Series A (2014): $21M featuring Lerer Ventures, Atlas Venture, New York Life Insurance Company, and New Enterprise Associates
Series B (2015): $32.7M backed by Accomplice, Recruit Strategic Partners, Intel Capital, Lerer Ventures, New York Life, and New Enterprise Associates
Series C (2017): $67.7M with participation from New Enterprise Associates
Series D (2018): $100M led by Meritech, Draper Fisher Jurvetson (DFJ), Intel Capital, Sapphire Ventures, New Enterprise Associates, and Lerer Ventures
Series E (2019): $206M, investors not publicly disclosed
Other Financing Round (2020): $270M featuring BlackRock, ClearBridge, B Capital Group, Altimeter Capital, Sapphire Ventures, Tiger Global Ltd, Glynn Capital, NEA, Silver Lake, and T. Rowe Price
Series F (2020): $2.8B backed by Altimeter
Unspecified (2021): $250M with participation from Altimeter Capital Management and Tiger Global
Series G (2021): $300M led by ServiceNow, Counterpoint Global, Sutter Hill Ventures, Altimeter Capital, Franklin Templeton, and Tiger Global Management
Key Investors in DataRobot
New Enterprise Associates
Established in 1977 and headquartered in Menlo Park, California. New Enterprise Associates(NEA) is a venture capital firm focused on helping entrepreneurs build businesses.
Draper Fisher Jurvetson (DFJ)
Draper Fisher Jurvetson is a leading venture capital firm with a global presence through a network of affiliated funds, with offices in more than 30 cities around the world and approximately $6 Billion in capital commitments. DFJ's mission is to identify, serve and provide capital for extraordinary entrepreneurs anywhere who are determined to change the world.
Sapphire Ventures
Sapphire Ventures is a venture capital firm focused on investing in and providing services to technology companies. They are based in Palo Alto, California.
What's next for DataRobot?
With its extensive funding history, DataRobot is strategically positioned for continued expansion and technological advancement. The company's consistent access to capital, including major strategic investments, indicates strong investor confidence in its market leadership and future potential. This financial strength will likely fuel further research and development into cutting-edge AI capabilities, expansion into new global markets, and strategic partnerships to enhance its platform's ecosystem. DataRobot's focus on democratizing AI is expected to drive its growth as more enterprises adopt automated machine learning solutions to gain a competitive edge.
See full DataRobot company page
