# Datarade

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

- Industry: Internet
- Headquarters: Berlin, Germany
- Website: www.datarade.ai
- Total disclosed funding: $1.1M
- Latest round: Seed (Nov 19, 2019)
- Investors on record: 3

## About

Datarade GmbH is a data marketplace that simplifies the discovery and access of data products from over 500 global providers, catering to various industries including finance and healthcare.Founded in 2018 and headquartered in Berlin, Germany, Datarade GmbH operates as a platform for discovering and accessing data products. The company was co-founded by Florian Roesler, Richard Hoffmann, and Thani Shamsi, with Thani Shamsi currently serving as CEO. Datarade has secured a total of EUR 1 million in Seed funding on November 19, 2019, with High-Tech Gründerfonds as the lead investor, among others. The total amount raised by Datarade amounts to EUR 1 million, with a current company valuation of EUR 5.067 mn.Datarade provides a comprehensive platform that enables users to discover, compare, and access data products from over 500 premium data providers worldwide. Their offerings include high-quality data across various categories such as financial data, geospatial data, consumer behavior data, and legal data, serving data buyers including B2B marketers and researchers. The platform ensures a global reach with accessibility in key markets such as North America, Europe, and Asia, facilitating effortless data sourcing for clients.Datarade's revenue model is based on partnerships with data providers, earning compensation through successful transactions initiated via its platform. Data providers gain exposure to an audience of approximately 120,000 monthly visitors, driving potential sales. Although specific pricing structures are undisclosed, the model is designed for client convenience, allowing quick access to necessary datasets.Following their most recent Seed funding of EUR 1 million in November 2019, Datarade aims to enhance its platform with new product offerings and expand into additional geographic regions. The funding will support the development of innovative features and tools designed to improve user experience and data accessibility. Target markets for expansion include regions in North America and Asia, with specific strategies to be implemented by the end of 2022.

## Funding rounds

- Seed, Nov 19, 2019, $1.1M — High-Tech Gruenderfonds, Hasso Plattner Ventures, Techstars

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed
- Hasso Plattner Ventures (https://capitalatlas.ai/funds/hasso-plattner-ventures) — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed