# SQream Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sqream-technologies

- Industry: Software
- Headquarters: Tel Aviv, Israel
- Website: www.sqream.com
- Total disclosed funding: $120M
- Latest round: Series C (Sep 12, 2023)
- Investors on record: 16

## About

SQream Technologies Ltd specializes in GPU-powered data acceleration solutions aimed at enhancing data operations for enterprises. Their innovative platform caters to diverse industries, facilitating swift analysis of large datasets for critical insights.Founded in 2010 in Tel Aviv, Israel, SQream Technologies Ltd provides advanced data analytics platforms. The company has undergone strategic pivots to emphasize big data capabilities and AI/ML integration. Ami Gal serves as both the CEO and Founder, leading the organization through five significant funding deals, the most recent being a Series C round in September 2023 that raised USD 45.00 mn, led by World Trade Ventures with involvement from various other investors.SQream's primary offering is its GPU-powered data and analytics acceleration platform, designed to optimize large-scale data operations across various sectors. Central to this platform is SQreamDB, which allows enterprises to execute complex SQL queries on massive datasets without data sampling. This facilitates the ingestion, cleaning, and transformation of petabytes of data into usable pipelines, supporting sectors such as finance, telecommunications, healthcare, and manufacturing. SQream's solutions are available across key markets including North America, Europe, and Asia-Pacific, targeting enterprise clients aiming to enhance their data capabilities.SQream operates on a subscription-based revenue model, where clients pay for software and services regularly. This structure features tiered pricing plans that accommodate different organizational needs, enabling clients to scale as required. Solutions offered include private deployments of SQreamDB for enterprise-scale applications and the cloud-based SQream Blue for use in public cloud environments like GCP and AWS. Revenue also includes consulting services and customer support, designed to maximize value for clients in data-intensive sectors.In September 2023, SQream Technologies Ltd raised USD 45.00 mn in Series C funding to expand its market reach in North America and enhance its strategic partnerships in AI/ML and big data analytics. With this funding, the company plans to introduce new products and explore further geographic expansion in targeted regions, leveraging investment to solidify its position in the rapidly evolving analytics landscape.

## Funding rounds

- Series C, Sep 12, 2023, $45M — Blumberg Capital, George Kaiser Family Foundation, World Trade Ventures, Schusterman Family Investments, ICON Continuity Fund, Freddy & Helen Holdings
- Series B, Jun 24, 2020, $39M — Mangrove Capital Partners, Blumberg Capital, Alibaba Group, Sistema Venture Capital, World Trade Ventures, SilverTech Ventures, Hanaco Venture Capital, Schusterman Family Investments
- Series B, May 30, 2018, $26M — Alibaba Group Holding Limited, Sistema Venture Capital, Glory Ventures, World Trade Ventures, SilverTech Ventures, Hanaco Venture Capital, Paradiso Ventures
- Series A, Jun 2, 2015, $7.4M — Blumberg Capital, AngelList, Paradiso Ventures
- Seed, Dec 1, 2011, $1.9M — Paradiso Ventures, Granot Ventures

## Investors

- Paradiso Ventures — Seed, Series A, Series B
- Granot Ventures (https://capitalatlas.ai/funds/granot-ventures) — Seed
- Blumberg Capital (https://capitalatlas.ai/funds/blumberg-capital) — Series A, Series B, Series C
- AngelList — Series A
- Alibaba Group Holding Limited — Series B
- Sistema Venture Capital — Series B
- Glory Ventures (https://capitalatlas.ai/funds/glory-ventures) — Series B
- World Trade Ventures (https://capitalatlas.ai/funds/world-trade-ventures) — Series B, Series C
- SilverTech Ventures (https://capitalatlas.ai/funds/silvertech-ventures) — Series B
- Hanaco Venture Capital (https://capitalatlas.ai/funds/hanaco-venture-capital) — Series B
- Mangrove Capital Partners (https://capitalatlas.ai/funds/mangrove-capital-partners) — Series B
- Alibaba Group — Series B
- Schusterman Family Investments — Series B, Series C
- George Kaiser Family Foundation — Series C
- ICON Continuity Fund — Series C
- Freddy & Helen Holdings — Series C