How Much Did Datamaran Raise? Funding & Key Investors

Datamaran has successfully raised funding over four rounds, with the latest being a Series C led by Morgan Stanley Expansion Capital. The company is backed by six investors, including American Electric Power.

Keep reading to explore the intricacies of Datamaran's fundraising journey and the investors backing this innovative platform.

What Is Datamaran?

Datamaran, headquartered in London, England, is a leading provider of AI-driven platforms designed to help business leaders navigate the complex landscape of Environmental, Social, and Governance (ESG) issues. The company operates in the finance, information services, information technology, and SaaS industries.

Founded in 2014, Datamaran has grown to employ between 101-250 people. The platform is recognized for its ability to transform vast amounts of information into actionable insights, empowering leaders to prioritize ESG issues, monitor risks, and make data-driven decisions.

How Much Funding Has Datamaran Raised?

1. Series C
   • Amount Raised: USD 33,000,000
   • Date: September 2024
   • Lead Investors: Morgan Stanley Expansion Capital
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To accelerate growth in the U.S. market and advance initiatives in generative AI.
2. Series B
   • Amount Raised: USD 13,000,000
   • Date: September 2022
   • Lead Investors: Fortive
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To deliver on the rising demand for strategic ESG insight.
3. Series A
   • Amount Raised: USD 3,000,000
   • Date: April 2018
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To support the growth and development of Datamaran's business intelligence tools.
4. Series Unknown
   • Amount Raised: Not publicly disclosed
   • Date: April 2016
   • Lead Investors: Run Capital Investment Fund
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To expand market presence and enhance product offerings.

Total Amount Raised: USD 49,000,000. Current Valuation: Not publicly disclosed.

Key Investors

• Morgan Stanley Expansion Capital
  • Details: Morgan Stanley Expansion Capital is the growth-focused private investment platform within Morgan Stanley Investment Management. It targets late-stage growth equity and credit investments in high-growth sectors.
  • Investment Focus Areas: Consumer, technology, healthcare, high-growth sectors.
  • Notable Investments: Over 200 companies across various high-growth sectors.
• Fortive
  • Details: Fortive is a diversified industrial technology conglomerate listed on the NYSE under the ticker FTV. It focuses on providing essential technologies for connected workflow solutions.
  • Investment Focus Areas: Industrial technology, connected workflow solutions.
  • Notable Investments: Known for investments in industrial technology companies.
• American Electric Power (AEP)
  • Details: American Electric Power is a major American electric utility company listed on NASDAQ under the ticker AEP. It is one of the largest electric utilities in the United States.
  • Investment Focus Areas: Energy, utilities.
  • Notable Investments: Invests heavily in energy infrastructure and utility projects.
• Run Capital Investment Fund
  • Details: Run Capital Investment Fund is an investment firm that participated in Datamaran's early funding rounds. It focuses on supporting innovative technology companies.
  • Investment Focus Areas: Technology, innovation.
  • Notable Investments: Not publicly disclosed.

What's Next for Datamaran?

Datamaran is poised to capitalize on significant opportunities, particularly in the U.S. market and through advancements in generative AI. With $33 million in Series-C financing, the company aims to expand its client base, especially among Fortune 500 companies, and enhance its platform to meet the growing demand for ESG governance and risk solutions.

Future fundraising opportunities appear promising as Datamaran continues to demonstrate growth and innovation. The company is likely to attract additional investment rounds, potentially leading to strategic acquisitions that could further bolster its technology and market presence.

However, challenges remain. Datamaran must navigate the rapidly changing landscape of ESG regulations and maintain its competitive edge in an increasingly crowded market. Ensuring the scalability and reliability of its AI-powered platform will be crucial as it integrates new technologies and features.

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