Total amount raised
$69.2 Million
Latest funding date
9/1/2018
Location
Tamr has successfully raised funds over 8 rounds, with the latest funding coming from a Venture - Series Unknown round. The company is backed by 24 investors, including recent investors 40 North Ventures and Granite Hill Capital Partners.
Keep reading to explore the intricacies of Tamr's fundraising journey and the investors backing this innovative platform.
What Is Tamr?
Tamr is a private company based in Cambridge, Massachusetts, specializing in enterprise-grade data unification and AI-native master data management solutions. The company operates in the fields of Analytics, Data Integration, Database, and Enterprise Software.
With an employee count ranging from 101 to 250, Tamr focuses on helping organizations consolidate and streamline their data operations. Their platform leverages AI and machine learning to unify, clean, and enrich data in real-time, enhancing decision-making and operational efficiency.
How Much Funding Has Tamr Raised?
- Series A
- Amount Raised: USD 16,000,000
- Date: May 2014
- Lead Investors: Google Ventures, New Enterprise Associates
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the initial development and market entry of Tamr's data unification platform.
- Series B
- Amount Raised: USD 25,200,000
- Date: June 2015
- Lead Investors: Not specified
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the platform's capabilities and scale operations.
- Series B
- Amount Raised: USD 18,000,000
- Date: July 2018
- Lead Investors: SBI Investment
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and enhance the platform's AI capabilities.
- Series Unknown
- Amount Raised: USD 10,000,000
- Date: September 2018
- Lead Investors: Granite Hill Capital Partners, Pear Tree Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fuel future growth and continue rapid expansion.
- Secondary Market
- Amount Raised: Not specified
- Date: July 2020
- Lead Investors: 40 North Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to early investors and employees.
- Series Unknown
- Amount Raised: Not specified
- Date: July 2023
- Lead Investors: Not specified
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing operations and strategic initiatives.
Total Amount Raised: USD 69,200,000
Current Valuation: Not publicly disclosed
Key Investors
- 40 North Ventures
- Details: 40 North Ventures is a venture capital firm that focuses on investing in innovative technology companies. They have a strong track record of supporting startups in their growth phases.
- Investment Focus Areas: Technology, AI, Data Analytics
- Notable Investments: Tamr, Desktop Metal, Carbon
- Granite Hill Capital Partners
- Details: Granite Hill Capital Partners is a private equity firm that invests in high-growth companies across various sectors. They provide both capital and strategic support to their portfolio companies.
- Investment Focus Areas: Technology, Healthcare, Consumer Products
- Notable Investments: Tamr, Health Catalyst, ServiceTitan
- SBI Investment
- Details: SBI Investment is a venture capital arm of SBI Holdings, focusing on investments in innovative and high-potential companies. They have a global presence and a diverse portfolio.
- Investment Focus Areas: Fintech, AI, Biotechnology
- Notable Investments: Tamr, Ripple, Brave
- Google Ventures
- Details: Google Ventures, also known as GV, is the venture capital investment arm of Alphabet Inc. They invest in startups across various stages and sectors, providing both capital and expertise.
- Investment Focus Areas: Technology, Life Sciences, Consumer Products
- Notable Investments: Tamr, Uber, Slack
- New Enterprise Associates
- Details: New Enterprise Associates (NEA) is one of the world's largest venture capital firms, with a focus on helping entrepreneurs build transformational businesses across multiple sectors.
- Investment Focus Areas: Technology, Healthcare, Energy
- Notable Investments: Tamr, Coursera, Robinhood
What's Next for Tamr?
As Tamr looks to the future, the company is poised to capitalize on the burgeoning big data analytics market, projected to be worth $42 billion. With a strong customer base that includes industry giants like Novartis and GE, Tamr's AI-powered data unification solutions are well-positioned to meet the growing demand for data-driven decision-making.
Given its successful track record in raising funds, Tamr is likely to attract further investment to expand its AI capabilities and market reach. The recent $10 million funding round and the addition of experienced board observers signal continued investor confidence and potential for future strategic partnerships or acquisitions.
However, Tamr will need to navigate challenges such as intense market competition and the need to continuously innovate to keep up with rapid technological advancements. Ensuring the scalability and reliability of their solutions to meet the needs of large enterprises will be crucial for sustained growth.
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