# DataChat

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

- Industry: Software
- Headquarters: Madison, US
- Website: www.datachat.ai
- Total disclosed funding: $29M
- Latest round: Series A (Sep 7, 2021)
- Investors on record: 4

## About

Founded in 2017 and based in Madison, US, DataChat Inc. is specializing in a no-code, conversational analytics platform that simplifies data analysis, making insights accessible to users without technical expertise. The firm provides a conversational analytics platform that allows users to generate insights from data without requiring coding skills. The company has successfully raised USD 25.00 mn in its SERIES A funding round, which included investments from Anthos Capital, Celesta Capital, Nepenthe Capital, and Redline Capital Management. The firm's innovative approach has positioned it well in the analytics space, supporting three significant investment deals.DataChat specializes in providing a no-code, conversational analytics platform designed to expedite the process of generating insights from data. The platform allows users to pose questions in plain English, eliminating the need for SQL or scripting, thus making data analysis accessible to a broader range of users, including those without a technical background. With a focus on simplifying data interrogation, DataChat integrates seamlessly with major data warehouses such as Snowflake, Google BigQuery, Databricks, and Amazon Redshift, enabling organizations to derive insights in real-time. The primary use cases target businesses seeking to enhance data-driven decision-making by allowing teams to explore, refine, and document their data queries and findings transparently. DataChat's client base spans various sectors, with notable interest from firms in North America, Europe, and Asia, where the demand for streamlined analytics solutions continues to grow.DataChat operates on a subscription-based revenue model, where clients pay for access to its conversational analytics platform. This structure typically involves clients subscribing to annual or monthly plans that offer varying levels of access to features and functionalities, catering to both individual users and larger teams within organizations. Given the platform’s emphasis on real-time insights and ease of use, businesses can leverage the service to enhance their analytics capabilities without the need for extensive training or technical expertise. Pricing plans are designed to accommodate a range of clients, from small businesses to large enterprises, with specific tiers that align with the scale and complexity of data analysis required. The revenue generated from subscriptions is further complemented by partnerships and integrations with key data service providers, enhancing the overall value proposition for end-users.DataChat Inc. is focused on expanding its platform capabilities and is currently designing new features aimed at enhancing user experience. The company is targeting expansion into the European and Asian markets by the end of 2024. The recent funding of USD 25.00 mn from the SERIES A round will be utilized to support these initiatives, particularly in product development and market entry strategies.

## Funding rounds

- Series A, Sep 7, 2021, $25M — Anthos Capital, Redline Capital Management, Celesta Capital, Nepenthe Capital
- Seed, Oct 21, 2020, $4M — Celesta Capital, Nepenthe Capital

## Investors

- Celesta Capital (https://capitalatlas.ai/funds/celesta-capital) — Seed, Series A
- Nepenthe Capital (https://capitalatlas.ai/funds/nepenthe-capital) — Seed, Series A
- Anthos Capital (https://capitalatlas.ai/funds/anthos-capital) — Series A
- Redline Capital Management (https://capitalatlas.ai/funds/redline-capital-management) — Series A