# Datafleets

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

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.datafleets.com
- Total disclosed funding: $4.5M
- Latest round: Seed (Oct 26, 2020)
- Investors on record: 7

## About

Based in the US, Datafleets, Ltd. operates as a data collaboration platform, specializing in secure data usage across multiple channels, enhancing customer engagement and marketing effectiveness.Datafleets, Ltd. provides solutions for data collaboration, focusing on secure and responsible data usage. The company was founded in 2018 in Palo Alto, US, by Nick E., who has a history of entrepreneurship. In February 2021, LiveRamp, Inc. agreed to acquire Datafleets from various investors for approximately USD 68.00 mn, marking a significant strategic move for the company. The acquisition is expected to finalize in LiveRamp’s fiscal fourth quarter, and the firm has engaged in 2 notable deals since its inception.Datafleets, Ltd. functions as a comprehensive data collaboration platform that offers solutions for Consumer Data Strategy, Enterprise Identity, Marketing Impact, Cross-Media Measurement & Analytics, Media Networks, and Clean Rooms. These services address challenges such as limited first-party data and fragmented insights, allowing organizations to create comprehensive customer views and enhance marketing efforts by utilizing a network of over 650 partners, including major companies like Disney, Pinterest, and TikTok.Datafleets generates revenue primarily through subscription-based models that grant clients access to its data collaboration tools and services. With a client base exceeding 900 global customers, including several Fortune 500 companies, Datafleets has established a firm presence in the B2B sector. Agreements typically involve tailored services based on specific client needs, ensuring effective data integration and utilization through their platform.Following the planned acquisition by LiveRamp in February 2021, Datafleets is expected to leverage the resources from this transaction to enhance its product offerings and expand its market presence. The integration is projected to facilitate the development of new products aimed at enhancing data collaboration capabilities. Additionally, there are plans to strategically enter new geographic markets, although specific regions have not been disclosed as of now. The funding from the acquisition is anticipated to support these growth initiatives and bolster the company's operational capabilities.

## Funding rounds

- Seed, Oct 26, 2020, $4.5M — Lightspeed Venture Partners, Peterson Partners, Morado Ventures, AME Cloud Ventures, Stanford-StartX Fund, Mark Cuban Companies, LG Technology Ventures

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed
- Peterson Partners (https://capitalatlas.ai/funds/peterson-partners) — Seed
- Morado Ventures (https://capitalatlas.ai/funds/morado-ventures) — Seed
- AME Cloud Ventures (https://capitalatlas.ai/funds/ame-cloud-ventures) — Seed
- Stanford-StartX Fund — Seed
- Mark Cuban Companies — Seed
- LG Technology Ventures (https://capitalatlas.ai/funds/lg-technology-ventures) — Seed