Total amount raised
$19.1 Millions
Latest funding date
04/01/2022
Location
Mozart Data has successfully raised funding through a Series A round, with notable investors including Tapestry VC, Craft Ventures, and Y Combinator. The platform offers a comprehensive data stack solution, enabling businesses to consolidate and prepare data for analysis without requiring engineering expertise.
Keep reading to explore the intricacies of Mozart Data's fundraising journey and the investors backing this innovative platform.
What Is Mozart Data?
Mozart Data, founded in 2020 by Dan Silberman and Peter Fishman, is headquartered in San Francisco, California. The company operates in the analytics, cloud data services, data storage, data visualization, software, and software engineering industries.
With an employee count ranging from 11 to 50, Mozart Data offers a modern data stack that consolidates and prepares data for analysis without requiring engineering expertise. Their platform includes tools for ETL, data transformation, and comprehensive data analysis and reporting.
How Much Funding Has Mozart Data Raised?
- Seed Round
- Amount Raised: $125K
- Date: August 2020
- Lead Investors: Y Combinator
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide an out-of-the-box data stack solution for startups, simplifying the process of setting up data infrastructure.
- Seed Round
- Amount Raised: $4M
- Date: November 2020
- Lead Investors: Array Ventures, Craft Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale the company, expand the team, and grow their customer base.
- Series A Round
- Amount Raised: $15M
- Date: April 2022
- Lead Investors: Craft Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance the current product offerings and introduce new features, such as support for customers with existing Snowflake databases.
Total Amount Raised: $19.125M. Current Valuation: Not publicly disclosed.
Key Investors
- Craft Ventures
- Details: Craft Ventures is a venture capital firm that invests in early-stage and growth-stage companies. Brian Murray, a partner and COO at Craft Ventures, has been involved with Mozart Data since its early days.
- Investment Focus Areas: Technology, early-stage companies, growth-stage companies
- Notable Investments: Airbnb, SpaceX, Slack
- Array Ventures
- Details: Array Ventures is a venture capital firm that focuses on early-stage investments. They aim to support startups with innovative solutions and high growth potential.
- Investment Focus Areas: Technology, healthcare, consumer products
- Notable Investments: Not publicly disclosed
- Y Combinator
- Details: Y Combinator is a well-known startup accelerator that has funded and mentored numerous successful startups. They provide seed funding, mentorship, and resources to help startups grow.
- Investment Focus Areas: Early-stage startups, technology, healthcare, consumer products
- Notable Investments: Dropbox, Airbnb, Stripe
- Goldcrest Capital
- Details: Goldcrest Capital is a venture capital firm that focuses on early-stage investments. They aim to support technology companies with high growth potential.
- Investment Focus Areas: Technology, early-stage companies
- Notable Investments: Lyft, Palantir
- Valor Equity Partners
- Details: Valor Equity Partners is a private equity firm that invests in high-growth companies. They provide financial support and strategic guidance to help companies scale.
- Investment Focus Areas: High-growth companies, various industries
- Notable Investments: Tesla, SpaceX, Addepar
What's Next for Mozart Data?
Mozart Data stands at the cusp of significant growth opportunities, driven by the increasing demand for efficient data management solutions. Their platform, which simplifies the setup of data stacks for startups, positions them well to capture a substantial market share. With a 500% increase in annual recurring revenue and a growing customer base, the potential for future fundraising is strong, attracting interest from prominent investors.
However, the path forward is not without challenges. Competing in a crowded market and maintaining a user-friendly platform while adding advanced features will be critical. As they continue to expand, ensuring the reliability and performance of their platform will be essential to sustaining growth and meeting customer expectations.
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