What is Select Star?
Select Star operates as a sophisticated data governance platform designed to bridge the gap between technical data teams and non-technical business stakeholders. The platform specializes in automating data cataloging, lineage, and the generation of semantic models, which are essential for organizations aiming to leverage artificial intelligence effectively. By providing a unified interface for data democratization, migration, and change management, Select Star enables enterprises to optimize operational costs while simultaneously enhancing trust in their data assets.
In a market where data sprawl is a significant challenge, Select Star distinguishes itself through its user-friendly approach to complex governance tasks. The platform serves as a central source of truth, ensuring that data teams can maintain high standards of quality and compliance without sacrificing agility. This focus on accessibility and automation positions the company as a vital partner for organizations navigating the complexities of digital transformation.
How much funding has Select Star raised?
Select Star has raised a total of $50.4M across 4 funding rounds:
Angel/Seed
$2.5M
Series A
$15M
Series B
$15.2M
Series B
$17.7M
Angel/Seed (2021): $2.5M with participation from Bowery Capital and Background Capital
Series A (2023): $15M led by Lightspeed Venture Partners, Bowery Capital, and Sozo Ventures
Series B (2025): $15.2M supported by SHINHAN VENTURE INVESTMENT, Samsung Securities, KB Investment, and KB Securities
Series B (2025): $17.7M featuring Flux Ventures, KB Investment, and Samsung Ventures
Key Investors in Select Star
Flux Ventures
Flux Ventures is a growth-focused firm that provides strategic and tactical guidance to entrepreneurs in the technology and business services sectors.
KB Investment
KB Investment is a Seoul-based venture capital and private equity firm that invests in companies demonstrating innovative technology and entrepreneurship.
Samsung Ventures
Samsung Venture Investment Corporation focuses on promoting and investing in small and medium-sized companies that are developing new, future-oriented technologies.
What's next for Select Star?
With the successful closure of its latest financing round, Select Star is well-positioned to expand its footprint in the global enterprise software market. The strategic focus will likely shift toward deepening its AI-readiness capabilities and scaling its go-to-market operations to meet the needs of larger, more complex organizations. By leveraging the expertise of its diverse investor base, the company is expected to enhance its product roadmap, focusing on advanced automation features that further reduce the manual burden on data engineers.
Furthermore, the involvement of major financial institutions suggests a potential for deeper integration into the financial services sector, where data governance and compliance are paramount. As Select Star continues to evolve, its ability to maintain a balance between technical depth and business-level usability will be the primary driver of its long-term market leadership and sustained growth in the competitive data management landscape.
