# Knowde

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

- Industry: Internet
- Headquarters: San Jose, US
- Website: www.knowde.com
- Total disclosed funding: $150M
- Latest round: Series C (Aug 13, 2024)
- Investors on record: 16

## About

Knowde is a data management solutions provider for the chemical industry, focused on automating data processes to enhance efficiency and facilitate digital commerce among chemical companies.Knowde was founded in 2017 and is headquartered in San Jose, US. The company operates as a standalone entity and has engaged in a total of 6 deals. It recently raised USD 60.025 mn in Series C funding on August 13, 2024, led by Blue Cloud Ventures, with participation from Point72 Asset Management, Sequoia Capital, and Socium Ventures. The CEO and founder is Ali Amin-Javaheri, who has prior entrepreneurial experience.Knowde specializes in data management solutions tailored for the chemical industry, offering a suite of products that automate the extraction, structuring, harmonization, and enrichment of data. Their core offerings include Knowde AI, which processes vast amounts of data to create clean and structured datasets; the Knowde Master Data Management (MDM) platform, which serves as a centralized repository for this clean data; and the Knowde Customer Experience Platform (CXP), designed to deliver a seamless customer experience on client websites. Additionally, the Knowde Marketplace enables chemical companies to establish online storefronts, facilitating digital commerce within the industry. These services target a diverse client base, including over 8,000 chemical companies globally, enhancing operational efficiency across sales, procurement, regulatory, and technical service teams. Knowde's solutions are primarily utilized in North America, Europe, and Asia-Pacific markets, addressing the complexities inherent in chemical data management and driving digital transformation.Knowde's revenue generation model is rooted in subscription-based services and platform integrations, where clients pay for access to their suite of data management solutions. The firm's business transactions typically involve B2B engagements, where chemical companies subscribe to the MDM platform and CXP for a defined term, allowing them to leverage clean data for improved operational efficiency. Partnerships with clients may also entail revenue-sharing arrangements associated with the Knowde Marketplace, where companies can showcase their products in a digital marketplace environment. The specific pricing structures for these products are determined based on the size of the client and usage requirements, with tailored solutions offered to accommodate various operational needs. The company's flagship offerings, including Knowde AI and MDM, are integral to their revenue model, positioning Knowde as a leader in addressing the data challenges faced by the chemical industry.In August 2024, Knowde raised USD 60 mn in Series C funding, which will be utilized to enhance its Master Data Management platform's capabilities and expand its business operations. The company is focusing on developing new product features to better serve its existing clients and attract new ones. Additionally, Knowde plans to expand into new markets, specifically targeting increased presence in Asia-Pacific and Europe by the end of 2025.

## Funding rounds

- Series C, Aug 13, 2024, $60M — Hong Shan, Blue Cloud Ventures, Point72 Asset Management, Socium Ventures
- Series B, Jul 14, 2022 — Coatue Management, Alumni Ventures Group
- Series B, Aug 5, 2021, $72M — Hong Shan, Coatue Management, Bee Partners, Sound Ventures, Refactor Capital, Cantos Ventures, TQ Ventures, K5 Global, Mantis
- Series A, Mar 11, 2020, $14M — Hong Shan, Bee Partners, Knollwood Investment Advisory, Refactor Capital, Cantos Ventures
- Seed, Dec 7, 2018, $3.5M — Bee Partners, Refactor Capital, Cantos Ventures
- Seed, Feb 15, 2017 — Bee Partners, FJ Labs, 8VC, Refactor Capital, Cantos Ventures

## Investors

- Bee Partners (https://capitalatlas.ai/funds/bee-partners) — Seed, Series A, Series B
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- 8VC (https://capitalatlas.ai/funds/8vc) — Seed
- Refactor Capital (https://capitalatlas.ai/funds/refactor-capital) — Seed, Series A, Series B
- Cantos Ventures (https://capitalatlas.ai/funds/cantos-ventures) — Seed, Series A, Series B
- Hong Shan — Series A, Series B, Series C
- Knollwood Investment Advisory — Series A
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series B
- Sound Ventures (https://capitalatlas.ai/funds/sound-ventures) — Series B
- TQ Ventures (https://capitalatlas.ai/funds/tq-ventures) — Series B
- K5 Global (https://capitalatlas.ai/funds/k5-global) — Series B
- Mantis (https://capitalatlas.ai/funds/mantis) — Series B
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series B
- Blue Cloud Ventures (https://capitalatlas.ai/funds/blue-cloud-ventures) — Series C
- Point72 Asset Management — Series C
- Socium Ventures (https://capitalatlas.ai/funds/socium-ventures) — Series C
