Dataiku raises $300M in a Series E round at a valuation of $4.6B
SaaS News - Dataiku raises $300M in a Series E round at a valuation of $4.6B (source: SaaS Industry)
At a Glance

Dataiku, a platform for everyday AI, raised $300M in a Series E round led by Tiger Global, valuing the business at $4.6B. This funding will aid Dataiku in achieving its aim of systematizing data utilization for exceptional business results. Over 450 organizations use Dataiku globally.

Dataiku, a platform for Everyday AI, has announced that it has raised $300 million in a Series E funding round at a valuation of $4.6 billion. Tiger Global Management led the round. Other participants include ICONIQ Growth, CapitalG, FirstMark Capital, Battery Ventures, Snowflake Ventures, Dawn Capital, and new investors including Insight Partners, Eurazeo, Lightrock, and Datadog CEO Olivier Pomel.   

Dataiku’s aim to systemize the use of data for extraordinary business results will be fueled by this funding. 

Dataiku, which was launched in 2013, allows over 450 organizations worldwide to build, implement, and manage AI and analytics applications using a single end-to-end platform. Everyday AI can help any firm win in their industry, according to the company’s founders. To develop transparent, repeatable, and scalable AI and analytics programs, Dataiku allows for the use of prebuilt components and automation wherever feasible to expedite work processes and uniform management and governance across teams and projects.

Organizations that use Dataiku elevate their people – whether technical and working in code, or on the business side and low- or no-code – to extraordinary, arming them with the ability to make better day-to-day decisions with data. This latest round of funding is a proof point that everyday AI is the future, and we’re excited to help many more companies realize its benefits.

Florian Douetteau, co-founder and CEO of Dataiku

We’ve seen that executing an AI strategy in which data is a part of day-to-day operations can have large-scale impact for organizations across sectors and sizes, and Dataiku is well-positioned to continue to help the enterprise realize this potential value given both the strength of their technology and the team. We’re excited to be a part of their mission to systematize data and AI through our continued investment.

John Curtius, a partner at Tiger Global

Stefan Williams of Snowflake Ventures said, “Snowflake and Dataiku share a vision to simplify and strengthen data science workflows and unlock the power of advanced analytics for businesses everywhere. As a trusted partner, we’ve deployed joint solutions to dozens of shared customers, and we’re proud to be quite literally invested in their future success through Snowflake Ventures.”

Dataiku is used by over 450 organizations across the world to systemize their data, and AI use cases, ranging from fraud detection to customer churn prevention, predictive maintenance to supply chain optimization, and everything in between.

We were really impressed how Dataiku empowers everyone in the enterprise to harness AI and data analytics for business impact. They have done an excellent job of serving an ever-growing global customer base and helping them use data for everything from strategic transformation to everyday business decisions. We’re looking forward to what’s to come for Dataiku.

Teddie Wardi, managing director at Insight Partners

Dataiku continues to solidify its position as a market leader with this round of investment, employing over 750 employees in locations worldwide, including New York, Paris, London, Munich, Sydney, and Singapore.

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