# Okera

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.okera.com
- Total disclosed funding: $30M
- Latest round: Series B (Apr 7, 2020)
- Investors on record: 7

## About

Okera, Inc. is a data governance and management company that specializes in providing automated solutions to help organizations manage data access and privacy while ensuring compliance with regulations.Founded in 2016 in San Francisco, US, Okera, Inc. focuses on data governance and compliance solutions. The company has undertaken 4 funding deals, with its latest funding round being a Series B of USD 15.00 mn led by ClearSky on May 3, 2023, raising a total of USD 15.00 mn. The firm's leadership includes CEOs Nick Halsey and Nong Li.Okera, Inc. offers advanced data governance tools that enable organizations to efficiently manage data access controls, ensuring compliance with regulatory standards. Its solutions are designed to streamline data management processes, facilitating secure data sharing and usage across various business units. The company serves a diverse array of clients, including those in finance, healthcare, and technology, who rely on its expertise to navigate complex data privacy challenges.Okera operates primarily on a subscription-based revenue model, where clients pay for access to its governance platform. This model includes tiered pricing plans based on various service features, assisting enterprises in sectors like finance and healthcare in maintaining compliance and optimizing their data usage. Clients typically engage through annual subscriptions, ensuring they receive ongoing support and updates relevant to their governance needs.Following its acquisition by Databricks, Inc. in May 2023, Okera, Inc. aims to enhance its offerings by expanding governance and compliance capabilities specifically tailored for machine learning and large language models. Through the new support from Databricks, Okera plans to introduce innovative product features aimed at improving operational efficiency and compliance. The acquisition creates opportunities for Okera to reach broader markets and integrate its solutions with Databricks’ existing products, further solidifying its position in the data governance sector.

## Funding rounds

- Series B, Apr 7, 2020, $15M — Bessemer Venture Partners, Felicis Ventures, ClearSky Advisors LLC
- Series A, May 22, 2018, $12M — Bessemer Venture Partners, Felicis Ventures, Capital One Ventures, Emergent Ventures
- Seed, Aug 31, 2016, $2.6M — Menlo Ventures, Nexus Venture Partners, Felicis Ventures, Capital One Ventures, Emergent Ventures

## Investors

- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Seed
- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Seed
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Seed, Series A, Series B
- Capital One Ventures (https://capitalatlas.ai/funds/capital-one-ventures) — Seed, Series A
- Emergent Ventures (https://capitalatlas.ai/funds/emergent-ventures) — Seed, Series A
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A, Series B
- ClearSky Advisors LLC — Series B