# Promethium

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

- Industry: Software
- Headquarters: Menlo Park, US
- Website: www.pm61data.com
- Total disclosed funding: $25M
- Latest round: Series A (Dec 20, 2021)
- Investors on record: 3

## About

Promethium, Inc. is a data solutions provider that specializes in seamless enterprise data access through its innovative Agentic Data Fabric, empowering organizations with real-time data insights and enhanced productivity.Promethium, Inc., founded in 2018 in Menlo Park, US, offers a unique data fabric solution that enables efficient enterprise data querying. The firm has successfully completed three significant deals, with the most recent being a Series A funding round on December 20, 2021, which raised USD 25.04 mn led by Insight Partners, alongside .406 Ventures and Zetta Venture Partners. The company is led by CEO Kaycee Lai, who has a background in data solutions and innovation.Promethium provides a comprehensive suite of products centered around its core offering, the Agentic Data Fabric, which enables organizations to access and query any enterprise data seamlessly. This solution allows data teams to deliver self-service data on demand, facilitating the generation of accurate Data Answers for business queries in real-time. The functionality includes utilizing natural language or SQL to interrogate data and applying business and technical context to discover relevant data across various platforms and applications. Promethium serves a diverse client base, including Quest Diagnostics and Vital Farms, focusing on markets in North America and Europe. The technology is designed for data teams, product owners, analysts, and data engineers, promoting increased productivity by significantly reducing the time spent on ad hoc business inquiries.Promethium's revenue model is based on subscription-based access to its Agentic Data Fabric and associated services. Clients engage in transactions typically structured around annual or monthly subscription plans that provide tiered access to the platform's functionalities, including the ability to build and share data answers. The company also offers options for integration with existing business intelligence tools, which enhances the utility of its services within clients' existing data ecosystems. Although specific pricing information is not disclosed, the model is aligned with enterprise-level clients who require robust data solutions for their operational needs. Promethium’s offerings, such as the 360° Context Engine and Data Answer Agent, are aimed at generating high-value insights, thus establishing a strong service-based relationship with its customers.In December 2021, Promethium, Inc. secured USD 25.04 mn in Series A funding, which will be utilized to enhance customer growth through increased sales and marketing efforts, and further product development. The company plans to expand its product offerings and is focused on growing its presence in North America and Europe, aiming to capture new market segments by leveraging its innovative data fabric solutions.

## Funding rounds

- Series A, Dec 20, 2021, $25M — Insight Partners, .406 Ventures, Zetta Venture Partners

## Investors

- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A
- .406 Ventures (https://capitalatlas.ai/funds/406-ventures) — Series A
- Zetta Venture Partners (https://capitalatlas.ai/funds/zetta-venture-partners) — Series A