# Foundational Data

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.foundational.io
- Total disclosed funding: $8M
- Latest round: Seed (Aug 17, 2022)
- Investors on record: 3

## About

Based in California, US, and founded in 2022, Foundational Data Inc. is an information technology company offering SaaS-based solutions. The company was founded by its CEO, Alon Nafta. In March 2024, Foundational raised USD 8 million in seed funding, co-led by Viola Ventures, Gradient Ventures, and Asymmetric Capital Partners.

Foundational Data offers a developer-friendly data management platform, which is a SaaS-based platform designed to streamline the process for developers. The software allows developers to find and fix data issues in their code before it is deployed. The platform offers multiple features and solutions, such as automated, column-level data lineage; automatically analyzing data teams’ source code before it gets deployed on cloud servers; integration with tools like GitHub; and many more.

The company generates revenue by offering its services on a subscription-based pricing plan. The plans include team, growth, and enterprise.

The company plans to use the funds raised in March 2024 to grow its engineering team and ramp up go-to-market efforts.

## Funding rounds

- Seed, Aug 17, 2022, $8M — Viola Ventures, Gradient Ventures, Asymmetric Capital Partners

## Investors

- Viola Ventures — Seed
- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Seed
- Asymmetric Capital Partners (https://capitalatlas.ai/funds/asymmetric-capital-partners) — Seed