# Tobiko Data

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

- Industry: IT Infrastructure
- Headquarters: San Mateo, US
- Website: www.tobikodata.com
- Total disclosed funding: $22M
- Latest round: Series A (Jun 5, 2024)
- Investors on record: 3

## About

Tobiko Data, Inc., based in the US, specializes in innovative data transformation solutions, focusing on enhancing data pipeline management for enterprises through its Tobiko Cloud platform and SQLMesh.Founded in 2022 in San Mateo, US, Tobiko Data, Inc. provides data solutions that automate data management processes. The company has raised USD 17.3 mn in its Series A funding round as of June 5, 2024, led by Theory Ventures, with participation from 20Sales and Unusual Ventures. CEO Tyson Mao, one of its co-founders, has a background in tech entrepreneurship.Tobiko Data, Inc. offers a suite of innovative data transformation solutions, primarily centered around Tobiko Cloud and SQLMesh. Tobiko Cloud functions as a state-aware data platform that automates SQL change tracking and run history, enabling enterprises to efficiently manage their data pipelines. It provides users with tools that allow for the creation of isolated development environments while minimizing processing costs associated with data warehouses. SQLMesh serves as a core component in this ecosystem, facilitating model building and transformation validation in a user-friendly manner. The company caters to a diverse clientele, including organizations in sectors such as technology and analytics, looking to optimize their data workflows. Tobiko’s products are available in various global markets, including North America and Europe, positioning the firm to serve a broad spectrum of industries that rely on data-driven insights.Tobiko Data generates revenue through a structured pricing model that encompasses a platform fee and a pay-as-you-go consumption fee. Clients may engage with Tobiko Cloud via a variety of deployment options, including cloud-only, hybrid, or fully on-premise setups, which allows for flexible integration with existing workflows. The firm’s revenue structure is designed to accommodate enterprise needs, with clients paying for access to features across their product offerings without limitations on the number of seats or projects. The flagship product Tobiko Cloud provides value by streamlining data transformation processes, further enhancing client efficiency and productivity. Revenue is realized from B2B transactions, where customers leverage Tobiko’s solutions to enhance their data analytics capabilities.In June 2024, Tobiko Data, Inc. raised USD 17.3 mn in Series A funding to support the launch of its Tobiko Cloud platform. The company plans to expand its product offerings and target new markets, enhancing its presence in North America and Europe. The funding will facilitate these initiatives, enabling Tobiko to develop upcoming products that align with emerging market needs.

## Funding rounds

- Series A, Jun 5, 2024, $17M — Unusual Ventures, Theory Ventures, 20Sales
- Seed, Sep 13, 2022, $4.5M — Unusual Ventures

## Investors

- Unusual Ventures (https://capitalatlas.ai/funds/unusual-ventures) — Seed, Series A
- Theory Ventures (https://capitalatlas.ai/funds/theory-ventures) — Series A
- 20Sales (https://capitalatlas.ai/funds/20sales) — Series A