# Acceldata

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/acceldata

- Industry: Software
- Headquarters: Campbell, US
- Website: www.acceldata.io
- Total disclosed funding: $101M
- Latest round: Series C (Oct 10, 2023)
- Investors on record: 9

## About

Acceldata Inc., based in the US, specializes in data management solutions, providing advanced observability and operational tools to enhance data quality and governance for enterprises.Acceldata Inc. was founded in 2018 in Campbell, US, focusing on delivering data management solutions. The company has recently raised USD 10.000 mn in Series C funding on October 10, 2023, bringing the total amount raised to USD 10.000 mn. The CEO of the company is Rohit Choudhary, who is among the founders, along with Ashwin Rajeev, Gaurav Nagar, Hitesh Gupta, Raghu Kandikonda, and Rohit Choudhary. Acceldata's operations are primarily based in North America, Europe, and Asia, serving a diverse clientele that includes Fortune 10 companies and leading financial institutions.Acceldata's primary offering is its Agentic Data Management Platform (ADM), which integrates data observability and intelligent autonomous actions to enhance data quality, governance, and operational efficiency. The platform employs an advanced AI-aware data processing engine capable of handling exabyte-scale datasets across various environments, including hyperscalers, data clouds, and on-premises systems. Key functionalities include continuous monitoring of data quality, anomaly detection, and the implementation of corrective measures, ensuring the reliability of AI-ready data. Acceldata serves a diverse clientele across several sectors, including finance, telecommunications, and life sciences, with notable customers among Fortune 10 companies, top banks, and leading data providers.Acceldata generates revenue through a subscription-based model centered on its Agentic Data Management Platform, enabling businesses to access a suite of data observability tools and AI-powered agents. Clients typically enter into contracts that grant them access to the platform's features, such as data quality monitoring, data lineage tracking, and customizable data governance rules. The pricing structure reflects various tiers, accommodating different scales of data operations and organizational needs, with tailored options for large enterprises. Revenue is derived primarily from B2B transactions, where organizations subscribe to the platform to enhance their data management capabilities, significantly reducing costs and improving data reliability.In October 2023, Acceldata, Inc. raised USD 10.000 mn in Series C funding from new investor Aramco Ventures. This funding will support the expansion of its go-to-market efforts and aims to enhance the company's product offerings. Acceldata is focused on developing new features for its Agentic Data Management Platform and plans to expand its presence in North America, Europe, and Asia to tap into emerging market opportunities. The company is committed to leveraging the recent funding to accelerate its growth initiatives and strengthen its competitive position in the data management landscape.

## Funding rounds

- Series C, Oct 10, 2023, $10M — Aramco Ventures
- Series C, Feb 8, 2023, $50M — Insight Partners, Industry Ventures, March Capital Management, Sanabil Investments
- Series B, Jun 30, 2021, $30M — Lightspeed Venture Partners, Insight Partners, Sorenson Capital, March Capital, Emergent Ventures
- Series A, Oct 15, 2020, $8.5M — Lightspeed Venture Partners, Sorenson Capital, Emergent Ventures
- Seed, Oct 23, 2018, $2.1M — Lightspeed Venture Partners, Emergent Ventures

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed, Series A, Series B
- Emergent Ventures (https://capitalatlas.ai/funds/emergent-ventures) — Seed, Series A, Series B
- Sorenson Capital (https://capitalatlas.ai/funds/sorenson-capital) — Series A, Series B
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B, Series C
- March Capital (https://capitalatlas.ai/funds/march-capital) — Series B
- Industry Ventures (https://capitalatlas.ai/funds/industry-ventures) — Series C
- March Capital Management — Series C
- Sanabil Investments (https://capitalatlas.ai/funds/sanabil-investments) — Series C
- Aramco Ventures (https://capitalatlas.ai/funds/aramco-ventures) — Series C