# Crate.io

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/crate-io

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.crate.io
- Total disclosed funding: $19M
- Latest round: Series A (Dec 30, 2019)
- Investors on record: 9

## About

Crate.io, Inc. specializes in providing a real-time unified data layer that enhances advanced analytics, search functionalities, and artificial intelligence applications across various industries.Founded in 2013, Crate.io, Inc. is based in San Francisco, US. The company focuses on developing a distributed database optimized for high-performance queries and data analysis. The co-founders are Bernd Dorn and Christian Lutz, with Eva Schoenleitner serving as CEO. Crate.io has successfully raised USD 10.00 mn in multiple funding rounds, with the latest round occurring on June 14, 2021, involving investors such as Molten Ventures, Flatz & Partners, and Vito Ventures, resulting in a total amount raised of USD 10.00 mn.CrateDB provides a comprehensive real-time unified data layer that is tailored for advanced analytics, search functionalities, and artificial intelligence applications. The platform's architecture is designed for handling various data formats, including relational, JSON, time-series, geospatial, full-text, and vector data. This versatility allows it to serve industries like energy, financial services, logistics, and manufacturing. CrateDB’s clients, spanning from startups to large enterprises, utilize the platform to enhance decision-making by detecting anomalies and optimizing workflows in real time across multiple geographic markets, including North America, Europe, and Asia.CrateDB operates on a subscription-based revenue model, offering various pricing plans that cater to the needs of its diverse client base. The company provides Database as a Service (DBaaS) as well as hybrid cloud and self-managed deployment options. By enabling direct transactions for access to its platform's features, CrateDB supports clients in integrating AI/ML tools to improve their data analytics processes. Although specific pricing details are not publicly disclosed, it typically involves recurring subscription fees that are influenced by metrics such as data volume and query complexity, accommodating both large enterprises and smaller organizations.In June 2021, Crate.io, Inc. secured USD 10.00 mn in venture funding with plans to accelerate its commercialization efforts. While specific new products have yet to be announced, the company aims to enhance its offerings to better serve its customers. Additionally, Crate.io is expected to target expansion into new markets, although specific regions and timelines have not been detailed. The recent funding will play a crucial role in supporting these initiatives.

## Funding rounds

- Series A, Dec 30, 2019 — Acequia Capital
- Series A, Jun 13, 2018, $11M — Molten Ventures, Zetta Venture Partners, Capmont, Vito Ventures, Momenta Partners
- Seed, Dec 15, 2016, $2.6M — Molten Ventures, Heartcore Capital, Dawn Capital, Speedinvest, Vito Ventures
- Seed, Mar 15, 2016, $4M — Molten Ventures, Heartcore Capital, Dawn Capital, Speedinvest
- Seed, Apr 24, 2014, $1.5M — Molten Ventures, Heartcore Capital

## Investors

- Molten Ventures (https://capitalatlas.ai/funds/molten-ventures) — Seed, Series A
- Heartcore Capital (https://capitalatlas.ai/funds/heartcore-capital) — Seed
- Dawn Capital (https://capitalatlas.ai/funds/dawn-capital) — Seed
- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed
- Vito Ventures (https://capitalatlas.ai/funds/vito-ventures) — Seed, Series A
- Zetta Venture Partners (https://capitalatlas.ai/funds/zetta-venture-partners) — Series A
- Capmont (https://capitalatlas.ai/funds/capmont) — Series A
- Momenta Partners — Series A
- Acequia Capital (https://capitalatlas.ai/funds/acequia-capital) — Series A