# Materialize

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

- Industry: Software
- Headquarters: New York, US
- Website: www.materialize.com
- Total disclosed funding: $101M
- Latest round: Series C (Sep 30, 2021)
- Investors on record: 3

## About

Materialize Inc. develops innovative data integration solutions, enabling organizations to create real-time views of their business data through its platform, Materialize Self-Managed, leveraging advanced technologies for efficient data transformation.Founded in 2019 by Alex Nordlinger, Douglas Neto, Maycon Santos, and Raphael Pereira, Materialize Inc. is based in New York, US. The company specializes in real-time data integration solutions, primarily through its product, Materialize Self-Managed. Materialize has successfully completed three funding deals, with its most recent funding round being a Series C in September 2021, which raised USD 60.00 mn led by Redpoint Ventures, with participation from Kleiner Perkins and Lightspeed Venture Partners. The total amount raised by the company stands at USD 60.00 mn.Materialize offers a platform that facilitates real-time data integration and transformation, featuring its core product, Materialize Self-Managed. Users can utilize standard SQL to create real-time views of their business data, addressing challenges inherent to OLTP databases and data warehouses. The platform supports complex SQL transformations, multi-way joins, and provides features like sliding windows and SQL subscriptions, catering to engineering and data teams across various industries in North America and Europe.Materialize operates on a subscription-based revenue model, providing flexible access to its real-time data integration and transformation services. Clients can choose either self-managed or cloud-based options, allowing scalability according to their business needs. As clients subscribe to different tiers of service based on data requirements, the revenue model ensures robust access and operational efficiency across diverse business sectors.Following its Series C funding round in September 2021, where Materialize raised USD 60.00 mn, the company plans to expand its engineering team both in the U.S. and internationally. This funding will primarily support the acceleration of the development and adoption of its data streaming technology, reflecting the company's commitment to enhancing its service offerings and market reach.

## Funding rounds

- Series C, Sep 30, 2021, $60M — Kleiner Perkins, Lightspeed Venture Partners, Redpoint Ventures
- Series B, Nov 30, 2020, $32M — Kleiner Perkins, Lightspeed Venture Partners
- Series A, Mar 1, 2019, $8.5M — Lightspeed Venture Partners

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A, Series B, Series C
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series B, Series C
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series C