# Plena Data

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

- Industry: Software
- Headquarters: American Fork, US
- Website: www.plenadata.com
- Total disclosed funding: $10M
- Latest round: Series A (Aug 18, 2021)
- Investors on record: 2

## About

Plena Data Inc. provides innovative data management solutions that optimize business operations. Their advanced analytics tools empower organizations to leverage vast amounts of data for strategic decision-making across various sectors.Founded in 2018, Plena Data Inc. is based in American Fork, US, and specializes in data management solutions. The company has successfully completed 2 deals, with its most recent funding round occurring on August 18, 2021. Plena Data raised USD 10.00 mn in Series A funding led by Elevation Capital, with participation from Album VC. The company was co-founded by Dave Aditya, Jackson Ostler, and Jason Cook, with Dave Aditya currently serving as the CEO.Plena Data specializes in delivering innovative data management solutions that enhance business operations across various sectors. Their offerings include advanced analytics tools that empower organizations to utilize large volumes of data for strategic decision-making. These products facilitate seamless data integration, real-time analytics, and reporting, targeting enterprises in financial services, healthcare, and retail. Plena Data's solutions address critical needs in risk assessment and customer behavior analysis, marketed primarily in North America, Europe, and Asia-Pacific.Plena Data generates revenue through a structured model focused on subscription-based services and enterprise partnerships. Clients typically engage through annual subscriptions for access to its analytics platforms, tailored to specific industry needs. Additionally, the company forms long-term partnerships, providing customized solutions to enhance data capabilities. While specific pricing details are proprietary, the revenue model supports scalable growth as organizations increasingly acknowledge the necessity of robust data management tools. The flagship product is recognized for its comprehensive analytics capabilities, contributing to consistent revenue streams from both new and existing clients.In August 2021, Plena Data Inc. raised USD 10.00 mn in Series A funding, led by Elevation Capital to accelerate its sales and marketing efforts, as well as product and engineering. The company plans to expand into new markets and geographic regions, although specific details on targeted markets have not been disclosed. The upcoming product launches will further bolster their offerings, aligning with the growth strategy supported by the recent funding.

## Funding rounds

- Series A, Aug 18, 2021, $10M — Album VC, Elevation Capital

## Investors

- Album VC (https://capitalatlas.ai/funds/album-vc) — Series A
- Elevation Capital — Series A