# OpenDataSoft

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

- Industry: Software
- Headquarters: Paris, France
- Website: www.opendatasoft.com
- Total disclosed funding: $17M
- Latest round: Series B (Feb 24, 2022)
- Investors on record: 8

## About

OpenDataSoft LLC is a data management company that specializes in providing a comprehensive data marketplace solution, facilitating seamless data sharing and access among various sectors, including government and private organizations.Founded in 2011 in Paris, France, OpenDataSoft LLC offers a platform that enables the sharing and consumption of data across multiple industries. The company has engaged in five notable deals, with its most recent funding round occurring on February 24, 2022. The founders, David Thoumas and Franck Carassus, have extensive experience in the technology and data sectors, contributing to the company's growth and strategic direction. OpenDataSoft has not undergone significant pivots and operates independently without any parent or subsidiary companies. The company successfully raised EUR 6.938 mn in a SERIES B funding round, with Demeter IM leading the investment, contributing to a total amount raised of EUR 6.938 mn and a current valuation of EUR 47.631 mn.OpenDataSoft's primary offering is its data product marketplace, designed to promote efficient data sharing across various sectors. This platform enables users, including businesses, data experts, and AI agents, to access high-quality data, fostering collaboration and eliminating data silos. OpenDataSoft caters to a wide range of clients, including government agencies, utility companies, and enterprises in sectors such as energy, transportation, and banking. The company's solutions are actively used in Europe, North America, and Asia, aligning with clients' data governance and transparency goals.OpenDataSoft derives its revenue from a subscription-based model for its data marketplace solutions. Clients, including government bodies and private enterprises, engage through annual subscriptions, gaining access to a variety of marketplace features. The pricing structure is tailored to accommodate diverse user requirements, with custom plans based on data usage. The company's revenue is further supplemented through partnerships, enhancing its market presence and facilitating B2B engagement strategies.Looking ahead, OpenDataSoft aims to expand its product offerings and enter new geographic markets. The company plans to launch new features within its data marketplace, with details on specific release dates to be announced. Additionally, OpenDataSoft is targeting further expansion into new regions, including additional European markets and parts of Asia, by the end of 2023. The recent funding round, which raised EUR 3.94 mn in venture debt from investors including Caisse des Dépôts et Consignations and Demeter Partners, will be allocated to support these growth initiatives, including product development and market entry strategies.

## Funding rounds

- Series B, Feb 24, 2022, $7.8M — Demea Invest, Odyssee Venture, Caisse des Dépôts et Consignations, Eiffel Investment Group
- Series A, Jun 19, 2018, $4M — Aster Capital, Aurinvest Capital, Caisse des Dépôts et Consignations, Salesforce Ventures, UL Ventures
- Series A, Nov 28, 2016, $5.3M — Caisse des Dépôts et Consignations, Aster Capital, Aurinvest Capital, Salesforce Ventures

## Investors

- Caisse des Dépôts et Consignations — Series A, Series B
- Aster Capital (https://capitalatlas.ai/funds/aster-capital) — Series A
- Aurinvest Capital (https://capitalatlas.ai/funds/aurinvest-capital) — Series A
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series A
- UL Ventures (https://capitalatlas.ai/funds/ul-ventures) — Series A
- Demea Invest (https://capitalatlas.ai/funds/demea-invest) — Series B
- Odyssee Venture (https://capitalatlas.ai/funds/odyssee-venture) — Series B
- Eiffel Investment Group (https://capitalatlas.ai/funds/eiffel-investment-group) — Series B