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 skill levels. The platform facilitates the rapid development and deployment of accurate machine learning models, significantly reducing the time-to-value for AI initiatives. DataRobot's comprehensive suite of tools addresses the end-to-end machine learning lifecycle, from data preparation and model training to deployment and monitoring, making it a critical component for organizations looking to leverage artificial intelligence at scale.
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 Atlas Venture, Lerer Ventures, New York Life Insurance Company, and New Enterprise Associates
Series B (2015): $32.7M backed by Lerer Ventures, New York Life, Accomplice, New Enterprise Associates, Intel Capital, and Recruit Strategic Partners
Series C (2017): $67.7M with participation from New Enterprise Associates
Series D (2018): $100M led by Sapphire Ventures, Lerer Ventures, Draper Fisher Jurvetson (DFJ), Intel Capital, New Enterprise Associates, and Meritech
Series E (2019): $206M, investors not publicly disclosed
Other Financing Round (2020): $270M featuring Tiger Global Ltd, NEA, Altimeter Capital, B Capital Group, Silver Lake, Glynn Capital, T. Rowe Price, Sapphire Ventures, ClearBridge, and BlackRock
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 Altimeter Capital, Tiger Global Management, ServiceNow, Franklin Templeton, Counterpoint Global, and Sutter Hill Ventures
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. They have been a consistent backer of DataRobot.
Lerer Ventures
Kenneth Lerer Associates LLC, operating as Lerer Ventures, is a venture capital firm based in New York City, New York, known for investing in technology startups and supporting their growth.
Atlas Ventures
Atlas Venture is an early-stage venture capital firm focused on creating and building breakthrough biotechnology companies, though their investment in DataRobot indicates a broader interest in disruptive technology.
What's next for DataRobot?
With its substantial enterprise-level funding and a recent major strategic investment, DataRobot is well-positioned for accelerated growth and innovation. The company's trajectory suggests a focus on expanding its platform capabilities, enhancing its MLOps offerings, and deepening its market penetration across various industries. Future developments are likely to include further advancements in AI governance, explainability, and the integration of new machine learning techniques to maintain its competitive edge in the rapidly evolving AI landscape. This sustained backing indicates a strong belief in DataRobot's vision to democratize AI and drive business transformation through intelligent automation.
See full DataRobot company page
