# HEAVY.AI

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.heavy.ai
- Total disclosed funding: $94M
- Latest round: Series C (Sep 27, 2018)
- Investors on record: 7

## About

HEAVY.AI is an innovative analytics platform that leverages GPU-accelerated databases to provide instantaneous insights over complex datasets, enabling organizations to make data-driven decisions effectively.HEAVY.AI, founded in 2013 in San Francisco, US, specializes in advanced database technologies. The company underwent a significant pivot towards focusing on GPU-accelerated analytics. The founder, Todd Mostak, has previously established companies in the tech industry. As of September 2018, HEAVY.AI successfully raised USD 55 mn in Series C funding led by Tiger Global Management, with participation from notable investors including NVIDIA Corporation and New Enterprise Associates. The total amount raised by the company stands at USD 55 mn, with a current valuation of USD 252.302 mn.HEAVY.AI offers a GPU-accelerated database and analytics platform designed to deliver instant analytics on large volumes of data, including geospatial and time series information. Its core product, HeavyDB, enables users to perform high-speed queries using parallel SQL on GPU and CPU architectures. Key features include dynamic interactive visualizations and advanced conversational analytics through a custom-trained Large Language Model, catering to diverse industries such as telecommunications and energy.HEAVY.AI operates a subscription-based revenue model, allowing clients access to its analytics platform, including tiered pricing for various business sizes. Partnerships for customized solutions enhance revenue streams through tailored implementations of HeavyDB. Enterprise contracts contribute significantly to revenue, providing access to advanced analytics capabilities, including machine learning features.HEAVY.AI aims to launch new products and services in the coming years, reinforcing its product lineup. The company is targeting expansion into new markets across North America and Europe, optimizing its reach by leveraging the recent USD 55 mn funding raised in September 2018. This funding, led by Tiger Global Management, will support product development and entry into these geographic regions, enhancing market penetration.

## Funding rounds

- Series C, Sep 27, 2018, $55M — New Enterprise Associates, Tiger Global Management, Vanedge Capital, NVIDIA Corporation, In-Q-Tel, Verizon Ventures
- Series B, Mar 16, 2017, $25M — New Enterprise Associates, Vanedge Capital, NVIDIA Corporation, Verizon Ventures
- Series A, Mar 27, 2016, $3.8M — GV, Vanedge Capital, NVIDIA Corporation, In-Q-Tel, Verizon Ventures
- Series A, Jul 31, 2015, $8.3M — Vanedge Capital
- Seed, Jun 1, 2014, $2M — GV, Vanedge Capital, NVIDIA Corporation

## Investors

- GV (https://capitalatlas.ai/funds/gv) — Seed, Series A
- Vanedge Capital (https://capitalatlas.ai/funds/vanedge-capital) — Seed, Series A, Series B, Series C
- NVIDIA Corporation — Seed, Series A, Series B, Series C
- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Series A, Series C
- Verizon Ventures (https://capitalatlas.ai/funds/verizon-ventures) — Series A, Series B, Series C
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series B, Series C
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C