How Much Did Soda Data Raise?
Funding & Key Investors

Soda Data has successfully secured a major strategic investment, bringing its total capital accumulation to $27.8M. This latest injection of $14M underscores the company's pivotal role in the evolving data management landscape. By prioritizing robust data quality frameworks, the firm continues to attract significant backing from institutional investors, positioning itself as a critical infrastructure provider for modern enterprises navigating complex information ecosystems.

The funding trajectory, which began with earlier rounds, reflects a consistent growth narrative. From its initial capital infusion in 2021 to the most recent financing in 2024, Soda Data has demonstrated a clear ability to scale its operations and refine its product-market fit within the competitive data engineering sector.

What is Soda Data?

Soda Data
SoftwareBusiness Intelligence (BI) SoftwareStorage & System Management Software

Soda Data operates as an AI-native, fully automated data quality platform designed to identify, understand, and resolve data quality issues with unprecedented speed. By bridging the gap between business users and engineering teams, the platform facilitates a collaborative workflow that integrates data governance with advanced engineering practices. Key features include record-level anomaly detection, automated data contracts, and diagnostics warehouse capabilities. This comprehensive suite empowers organizations to maintain high-integrity datasets, which are essential for accurate, real-time decision-making in an increasingly data-driven global economy.

How much funding has Soda Data raised?

Soda Data has raised a total of $27.8M across 2 funding rounds:

2021

Unspecified

$13.8M

2024

Other Financing Round

$14M

Unspecified (2021): $13.8M with participation from Point Nine, Data Community Fund, and Hummingbird Ventures

Other Financing Round (2024): $14M led by Singular and Point Nine Management

Key Investors in Soda Data

Point Nine

A seed-stage venture capital firm specializing in B2B SaaS and B2B marketplaces, known for its early support of high-growth enterprise software companies.

Data Community Fund

A specialized investment vehicle focused on supporting engineer-founders in the data infrastructure, AI, and machine learning sectors.

Hummingbird Ventures

A global seed investment fund that partners with outlier founders, providing significant capital and strategic support from the earliest stages through to scaling.

What's next for Soda Data?

With this major enterprise-level funding, Soda Data is well-positioned to accelerate its product roadmap and expand its market reach. The company is expected to focus on deepening its AI-driven diagnostic capabilities and enhancing its automated data contract features to meet the growing demand for reliable data infrastructure. As organizations continue to grapple with the complexities of data governance, Soda Data's strategic focus on collaborative, automated solutions will likely serve as a primary driver for its continued expansion and long-term value creation in the enterprise software market.

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Frequently Asked Questions Regarding Soda Data Financial Insights

What are the most recent funding rounds that Soda Data has completed, and what were the funding rounds?
Soda Data has recently completed 2 funding rounds: Other Financing Round on Jul 11, 2024, Unspecified on Feb 2, 2021.
What is the total amount of funding Soda Data has raised to date?
Soda Data has raised a total of $27.8M in funding to date.
How many funding rounds has Soda Data completed?
Soda Data has completed 2 funding rounds.
How much funding did Soda Data raise in its most recent funding round?
Soda Data raised $14M in its most recent funding round.
Who are the lead investors in Soda Data's latest funding round?
The lead investor in Soda Data's latest funding round was Singular. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Soda Data's history?
The largest funding round in Soda Data's history was $14M.
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