Total amount raised
$157.1 Millions
Latest funding date
03/01/2018
Location
Data.ai has been acquired by Sensor Tower, marking a significant milestone in its journey. The acquisition highlights a strategic move to enhance market position and capabilities.
Keep reading to explore the intricacies of Data.ai's fundraising journey and the investors backing this innovative platform.
What Is Data.ai?
Data.ai, now a part of Sensor Tower, operates in the data analytics and mobile app analytics industry. The company provides insights and analytics to help businesses understand market trends and consumer behavior.
While specific details such as the founding year, location, and founder names are not available, it is clear that Data.ai has established itself as a significant player in its field. The platform continues to serve its users under the Sensor Tower brand, reflecting its ongoing commitment to delivering valuable data-driven insights.
How Much Funding Has Data.ai Raised?
- Series A
- Amount Raised: $1M
- Date: July 2011
- Lead Investors: IDG Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To establish a strong foundation and accelerate initial growth.
- Series B
- Amount Raised: $6M
- Date: August 2012
- Lead Investors: Greycroft
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand product offerings and scale operations.
- Series C
- Amount Raised: $15M
- Date: September 2013
- Lead Investors: Sequoia Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance market presence and invest in technology development.
- Series D
- Amount Raised: $17.1M
- Date: May 2014
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support continued growth and market expansion.
- Series D
- Amount Raised: $55M
- Date: January 2015
- Lead Investors: IVP
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fuel rapid growth and expand the workforce.
- Series E
- Amount Raised: $63M
- Date: January 2016
- Lead Investors: Greenspring Associates
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support rapid growth, expand the workforce, and make potential acquisitions.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: March 2018
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further enhance market position and capabilities.
Total Amount Raised: $157.1M
Current Valuation: Not publicly disclosed
Key Investors
- Greenspring Associates
- Details: Greenspring Associates is a venture capital firm that focuses on providing growth equity investments. They have a strong presence in the technology and healthcare sectors.
- Investment Focus Areas: Technology, healthcare, consumer products
- Notable Investments: Grubhub, Chewy, The RealReal
- e.Ventures
- Details: e.Ventures is an early-stage venture capital firm that invests in consumer internet, media, and mobile companies. They have a global presence with offices in various countries.
- Investment Focus Areas: Consumer internet, media, mobile companies
- Notable Investments: Angie’s List, Groupon, Sonos
- Greycroft Partners
- Details: Greycroft Partners is a venture capital firm that invests in early and growth-stage internet and mobile companies. They have a diverse portfolio and a strong track record of successful investments.
- Investment Focus Areas: Internet, mobile companies
- Notable Investments: Venmo, Huffington Post, Maker Studios
- Institutional Venture Partners (IVP)
- Details: IVP is a later-stage venture capital and growth equity firm that invests in rapidly growing technology companies. They have been involved in some of the most successful tech companies in recent years.
- Investment Focus Areas: Technology companies
- Notable Investments: Twitter, Dropbox, Snapchat
- Sequoia Capital
- Details: Sequoia Capital is one of the most renowned venture capital firms in the world, known for its early and growth-stage investments in technology, healthcare, and consumer sectors. They have backed some of the most successful companies globally.
- Investment Focus Areas: Technology, healthcare, consumer sectors
- Notable Investments: Apple, Google, WhatsApp
What's Next for Data.ai?
Data.ai stands at the cusp of significant growth opportunities. With plans to expand its workforce from over 400 to more than 500 employees, the company is poised to enhance its capabilities and market presence. Additionally, the potential for strategic acquisitions remains strong, as past acquisitions like Mobidia and Distimo have bolstered its offerings.
Future fundraising opportunities appear promising, with the recent $63 million Series E funding providing flexibility and time to achieve profitability. The presence of strategic board members could guide future fundraising efforts or even an eventual IPO. However, challenges such as maintaining profitability and integrating acquisitions will require careful navigation.
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