Total amount raised
$237 Millions
Latest funding date
11/1/2021
Location
Reltio has successfully raised significant funding over multiple rounds, attracting a diverse group of investors. The company offers a cloud-native, SaaS data platform designed to unify and manage complex data from various sources.
Keep reading to explore the intricacies of Reltio's fundraising journey and the investors backing this innovative platform.
What Is Reltio?
Reltio, founded in 2011 by Anastasia Zamyshlyaeva and Manish Sood, is headquartered in Redwood Shores, California. The company specializes in providing a cloud-native, SaaS data platform that unifies and manages complex data from various sources.
Reltio's platform is designed to deliver clean, interoperable data in real-time, serving a diverse set of customers from start-ups to large enterprises. Their solutions include the Reltio Connected Data Platform, Customer 360 Data Product, and Multidomain Master Data Management.
With a workforce of 251-500 employees, Reltio continues to innovate in the field of data management, helping businesses leverage their data for AI and other applications.
How Much Funding Has Reltio Raised?
- Series A
- Amount Raised: $10M
- Date: March 2015
- Lead Investors: .406 Ventures, Crosslink Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop and launch their cloud-native data platform.
- Series B
- Amount Raised: $22M
- Date: July 2016
- Lead Investors: New Enterprise Associates
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their product offerings and scale operations.
- Series C
- Amount Raised: $40M
- Date: April 2017
- Lead Investors: New Enterprise Associates, Sapphire Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance their data management capabilities and enter new markets.
- Series D
- Amount Raised: $45M
- Date: May 2018
- Lead Investors: New Enterprise Associates
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and improve their platform's features.
- Series E
- Amount Raised: $120M
- Date: November 2021
- Lead Investors: Brighton Park Capital
- Valuation at Round: $1.7 billion
- Motivation Behind the Round: To scale operations and expand global reach.
Total Amount Raised: $237M. Current Valuation: $1.7 billion.
Key Investors
- Brighton Park Capital
- Details: Brighton Park Capital is a growth equity investment firm that partners with growth-stage software, healthcare, and tech-enabled service businesses. Mike Gregoire, Partner and Co-Founder, joined Reltio's Board as part of the funding agreement.
- Investment Focus Areas: Software, healthcare, tech-enabled services.
- Notable Investments: Not specified.
- New Enterprise Associates
- Details: New Enterprise Associates (NEA) is a global venture capital firm that invests in technology and healthcare companies at all stages of growth. NEA has been a consistent investor in Reltio across multiple funding rounds.
- Investment Focus Areas: Technology, healthcare, consumer services.
- Notable Investments: Robinhood, Coursera, Duolingo.
- Sapphire Ventures
- Details: Sapphire Ventures is a venture capital firm that invests in growth-stage technology companies. They have a strong focus on helping companies scale and achieve market leadership.
- Investment Focus Areas: Enterprise technology, consumer technology, fintech.
- Notable Investments: Square, LinkedIn, Box.
- .406 Ventures
- Details: .406 Ventures is a venture capital firm that invests in early-stage technology companies. They focus on sectors where they can leverage their operational expertise to help companies grow.
- Investment Focus Areas: Cybersecurity, digital health, data and cloud.
- Notable Investments: Carbon Black, Abacus Insights, Onapsis.
- Crosslink Capital
- Details: Crosslink Capital is a venture capital firm that invests in early-stage and growth-stage companies across various sectors. They have a history of backing innovative technology companies.
- Investment Focus Areas: Technology, consumer, financial services.
- Notable Investments: Pandora, Coupa, Chime.
What's Next for Reltio?
Reltio stands at the cusp of significant growth opportunities, driven by the increasing complexity and volume of business data. With a recent $120 million funding round, the company is well-positioned to expand its cloud-native SaaS platform globally, addressing the critical need for data unification and actionable insights across various industries.
As the enterprise data management market continues to grow, Reltio may attract further investment to scale its operations and enhance its technology. However, the company will need to navigate challenges such as intense competition and ensuring data security and compliance. The path ahead is promising, but not without its hurdles.
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