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About

DataRobot provides a machine learning-based platform for predictive analysis that helps data scientists gain insights for various industries like insurance companies, banks, healthcare, FinTech, and other businesses.The platform can be used to build and deploy highly accurate machine learning models across business functions.DataRobot builds, tests and refines hundreds of models to help data scientists find the ones best suited for their data. The investigation is transparent, allowing users to trace and verify the validity of its results. Users can also code, train, test and compare their own models on the platform. DataRobot also finds key drivers in business metrics, identifies key words and phrases within unstructured text, and showcases the findings.through basic visualisation.

Focus

PRODUCTS & SERVICES

The platform helps data scientists to accelerate their predictive model selection and deployment. It evaluates hundreds of machine learning algorithms in order to discover, deploy, and customize the best suited predictive models for every situation. The platform can be used by data science apprentices, business analysts, data scientists, executives, software engineers and IT professionals.

REVENUE MODEL

The company follows subscription pricing model.

MAIN CLIENTS

Aegon

PNC

US bank

Lendingtree

AmTrust Financial

Deloitte

PWC

Accenture

NTT data

etc.

EXISTING PARTNERSHIPS

Cloudera

Alteryx

Global System Integrators

UiPath

TriFacta

AWS

Qlik

Snowflake

Looker

Tableau

Domino

ThoughSpot

etc.

Traction

VALUATION / MARKET CAP:

$1 B in 2019

VALUATION COMMENT:

In the latest funding, the company's valuation is more than $1 Bn. (July 2019)

REVENUE

$10M+ in 2016

REVENUE COMMENT:

The company had revenue of $20 million in 2016

OTHER INFO:

In 2017 DataRobot bought Nutonian. In 2018, it acquired Nexosis, and in 2019 it has purchased two startups, Cursor and ParallelM.

People

FOUNDERS

Jeremy Achin

Thomas DeGodoy

BOARD MEMBERS AND ADVISORS

Tony Florence

Jai Das

Rob Ward

Jeremy Achin

Thomas DeGodoy

Christopher Lynch

Jit Saxena

Hilarie Koplow-McAdams

NUMBER OF EMPLOYEES

201-500

INVESTORS:

Accomplice

Active Capital

Atlas Venture

DFJ Growth

Hone Capital

IA Ventures

In-Q-Tel

Intel Capital

Jeremy Achin

Meritech Capital Partners

New Enterprise Associates

New York Life Insurance

Recruit Strategic Partners

Right Side Capital Management

Sapphire Ventures

Techstars

KEY EMPLOYEES:

Jeremy Achin (CEO); Thomas DeGodoy (CTO); Matthew Cain (CFO); Chris Devaney (COO)

Momentum

FUNDED

YES

TOTAL FUNDING

$424.6 M

DATE OF LAST FUNDING

Jul 2019

TOTAL FUNDING COMMENT

The company will use funds to develop its artificial intelligence software and automated machine learning. (July 19)

SEED & PRIOR FUNDING

$3.42 M

SEED CLOSED ON

Sep 2013

FUNDING SERIES

SERIES A  · $21 M  · Aug 2014

SERIES B  · $33 M  · Feb 2016

SERIES C  · $67.18 M  · Mar 2018

SERIES D  · $100 M  · Oct 2018

SERIES E  · $200 M  · Jul 2019

LISTED

NO

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