# Facet Data

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/facet-data

- Industry: Software
- Headquarters: New York, US
- Website: www.facetdata.com
- Total disclosed funding: $8M
- Latest round: Seed (Jun 22, 2021)
- Investors on record: 3

## About

Facet Data Inc. delivers advanced data analytics solutions that enhance decision-making capabilities across various industries, focusing on real-time data processing and actionable insights for businesses.Facet Data Inc., founded in 2019, is based in New York, US. The company offers a robust analytics platform that aids in data processing and visualization. Facet Data raised USD 8.00 mn in Seed funding on June 22, 2021, led by Harrison Metal Capital and includes investors Bedrock Capital and Breakpoint Capital. The firm has one recorded deal to date.Facet Data specializes in providing advanced data analytics solutions designed to enhance decision-making across various industries. Their core product offerings include a robust analytics platform that facilitates real-time data processing and visualization, enabling businesses to derive actionable insights from complex datasets. The platform is especially useful for organizations aiming to optimize operations, improve customer engagement, and drive innovation in product development. Their clients range from enterprises in finance to healthcare and retail, utilizing these tools for data management and predictive analytics. The company's products are primarily marketed in North America and Europe to meet the increasing demand for sophisticated data solutions.Facet Data generates revenue through a subscription-based model, offering clients tiered pricing plans that provide varying levels of access to its analytics platform. These plans cater to different organizational needs, from small businesses to large enterprises, allowing flexible engagement based on client size and data requirements. The firm engages in direct B2B transactions, establishing partnerships with clients that leverage its flagship analytics services to enhance operational efficiencies. Clients typically enter into annual contracts that include support and upgrade options, ensuring they remain equipped with the latest advancements in analytics technology.Following the Seed funding of USD 8.00 mn raised on June 22, 2021, led by Harrison Metal Capital, Facet Data Inc. plans to use the funds to expand its operations and business reach. The company is currently designing new product offerings aimed at further enhancing their analytics capabilities, with details on release dates to be announced. Additionally, Facet Data is targeting expansion into new markets in Asia and South America by 2023, leveraging its recent funding to support these initiatives.

## Funding rounds

- Seed, Jun 22, 2021, $8M — Harrison Metal, Bedrock, Breakpoint Capital

## Investors

- Harrison Metal (https://capitalatlas.ai/funds/harrison-metal) — Seed
- Bedrock (https://capitalatlas.ai/funds/bedrock) — Seed
- Breakpoint Capital (https://capitalatlas.ai/funds/breakpoint-capital) — Seed