# DataWeave Software Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dataweave-software-pvt

- Industry: Software
- Headquarters: Bengaluru, India
- Website: www.dataweave.com
- Total disclosed funding: $7.3M
- Latest round: Series A (Aug 5, 2021)
- Investors on record: 13

## About

DataWeave Software Pvt. Ltd. provides AI-driven e-commerce analytics solutions, empowering brands and retailers with insights into pricing intelligence, assortment analytics, and digital shelf optimization to enhance their market strategies.Founded in 2011, DataWeave Software Pvt. Ltd. operates out of Bengaluru, India, focusing on AI-powered analytics for the e-commerce sector. The company has successfully closed 5 deals, with its most recent funding round occurring on August 5, 2021. In this Series A funding round, DataWeave raised USD 3.10 mn from Recruit Holdings Co., Ltd., along with other investors, bringing its total amount raised to USD 3.10 mn and achieving a post-money valuation of USD 50.78 mn. The company was established by Karthik Bettadapura and Vikranth Ramanolla, with Karthik Bettadapura currently serving as the CEO.DataWeave specializes in AI-powered e-commerce analytics tailored for brands and retailers, focusing on pricing intelligence, assortment analytics, and digital shelf optimization. Their core product offerings enable clients to benchmark competitor pricing across various locations, channels, and currencies, informing pricing strategies. Additionally, DataWeave's assortment analytics help identify gaps and optimize merchandise decisions by comparing client assortments against competitors. The digital shelf analytics module tracks key performance indicators such as Share of Search and content quality across multiple online marketplaces, enhancing visibility and brand performance. These products serve a diverse clientele, including multinational corporations in sectors like dairy, food, and chemicals, with a market presence in regions such as the United States, United Kingdom, India, and other international locations.DataWeave's revenue model is structured around subscription-based services, facilitating ongoing partnerships with retailers and brands for continuous access to their analytics tools. Clients engage with the firm under various arrangements, including direct partnerships and B2B agreements, typically subscribing to different tiers of services, which may include flagship products like Digital Shelf Analytics and Pricing Intelligence. In the most recent fiscal year 2021, the company reported zero revenue, while its EBITDA for 2023 stood at USD -1,874.70.In August 2021, DataWeave Software Pvt. Ltd. raised USD 3.10 mn in a Series A funding round, which will be utilized to further develop its analytics products and expand its market reach. The company aims to launch new features in its analytics suite and explore opportunities in additional international markets, targeting regions that include Europe and Southeast Asia, in the near future.

## Funding rounds

- Series A, Aug 5, 2021, $3.1M — FreakOut, Inc., WaterBridge Ventures, WGG International, NB Ventures, Vestech Partners, Recruit Holdings Co., Ltd.
- Series A, Nov 15, 2018, $3.2M — Blume Ventures, FreakOut, Inc., WaterBridge Ventures, WGG International, NB Ventures, Vestech Partners, Great Noble International
- Series A, Apr 1, 2015, $0.8M — Blume Ventures, TLabs, Zinnov Consulting, Faktory Ventures
- Seed, Dec 6, 2013, $0.2M — Blume Ventures, TLabs, 5ideas, Meta Studio Advisors

## Investors

- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Seed, Series A
- TLabs — Seed, Series A
- 5ideas (https://capitalatlas.ai/funds/5ideas) — Seed
- Meta Studio Advisors — Seed
- Zinnov Consulting — Series A
- Faktory Ventures (https://capitalatlas.ai/funds/faktory-ventures) — Series A
- FreakOut, Inc. — Series A
- WaterBridge Ventures (https://capitalatlas.ai/funds/waterbridge-ventures) — Series A
- WGG International (https://capitalatlas.ai/funds/wgg-international) — Series A
- NB Ventures (https://capitalatlas.ai/funds/nb-ventures) — Series A
- Vestech Partners (https://capitalatlas.ai/funds/vestech-partners) — Series A
- Great Noble International — Series A
- Recruit Holdings Co., Ltd. — Series A