AccelData
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | <1m | 3.4m | 17.2m | 38.0m | 49.2m |
% growth | - | 278 % | 406 % | 121 % | 29 % |
Date | Investors | Amount | Round |
---|---|---|---|
$2.1m | Seed | ||
$8.5m | Series A | ||
$35.0m | Series B | ||
* | $50.0m | Series C | |
* | $10.0m Valuation: $250m | Series C | |
Total Funding | €96.0m |
Recent News about AccelData
EditAcceldata is a startup that operates in the data management sector, providing data observability solutions for businesses. Their primary offering is a platform that helps companies maximize data reliability, eliminate operational blindspots, and reduce costs associated with data management. The platform uses machine learning-driven automation to deliver insights on data health and operational performance, enabling businesses to make the most of their data investments.
Acceldata's clients are primarily data teams within businesses who use the platform to enhance data reliability and optimize data platform performance. The platform offers features such as Spend Intelligence, which can reduce data platform costs by up to 50%, and Data Reliability, which can complete quality checks 1000% faster. Additionally, the Operational Intelligence feature helps eliminate severity-1 issues, which are critical problems that can cause significant disruption to a business.
The company operates on a business-to-business model, likely generating revenue through subscription fees for access to their platform and its features. Acceldata's solutions are particularly beneficial for businesses with large data infrastructures, such as PhonePe and True Corporation, who have used Acceldata's tools to manage their data systems and transition to open-source technologies.
Keywords: Data Management, Data Observability, Data Reliability, Operational Intelligence, Spend Intelligence, Machine Learning, Automation, Data Infrastructure, Open-Source Technologies, Subscription Model.