# Unstructured Technologies

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

- Industry: Software
- Headquarters: Rocklin, US
- Website: www.unstructured.io/
- Total disclosed funding: $68M
- Latest round: Series B (Feb 19, 2024)
- Investors on record: 11

## About

Unstructured Technologies, Inc. is a US-based firm specializing in transforming complex, unstructured data into clean, structured outputs, enabling efficient data processing for organizations across various industries.Founded in 2022 in Rocklin, US, Unstructured Technologies, Inc. focuses on converting unstructured data into usable formats. The company was founded by Brian Raymond, who leads the company as CEO. As of February 19, 2024, they raised USD 43.167 mn in a SERIES B funding round led by Menlo Ventures, with participation from notable investors including Bain Capital and Databricks Ventures. Unstructured has completed a total of 3 deals to date, and their current valuation stands at USD 241.501 mn.Unstructured specializes in transforming complex, unstructured data into clean, structured output, focusing on secure, continuous, and effortless data processing. Their core offering includes a comprehensive data transformation platform that integrates with diverse databases and enterprise systems through over 30 connectors and 1,250 pipelines. This platform is designed to streamline data workflows, allowing enterprises to unlock the value of their data without heavy coding, targeting industries such as finance, healthcare, and technology, including Fortune 1000 clients in North America and Europe.Revenue is generated primarily through subscription-based models and partnerships with enterprise clients that require ongoing data transformation services. Clients subscribe to Unstructured's platform, accessing tools for document processing and data conversion. The firm's flagship product supports the transformation of over 64 different file types, reinforcing long-term B2B relationships via tiered access based on data processing needs.In February 2024, Unstructured Technologies, Inc. raised USD 43.17 mn in SERIES B funding to expand its team and develop its data preprocessing solutions. The company plans to enhance its product offerings and is targeting new markets for expansion, although specific regions and timelines for this growth have not been disclosed. This funding will support these initiatives and assist in scaling operations to meet increasing client demands.

## Funding rounds

- Series B, Feb 19, 2024, $43M — Menlo Ventures, Bain Capital, Madrona Venture Group, IBM Ventures, Nventures, Mango Capital, Databricks Ventures
- Series A, Jun 7, 2023, $25M — Bain Capital, Madrona Venture Group, M12, Alumni Ventures Group, Mango Capital, Shield Capital, MongoDB Ventures

## Investors

- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series A, Series B
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series A, Series B
- M12 (https://capitalatlas.ai/funds/m12) — Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A
- Mango Capital (https://capitalatlas.ai/funds/mango-capital) — Series A, Series B
- Shield Capital (https://capitalatlas.ai/funds/shield-capital) — Series A
- MongoDB Ventures — Series A
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series B
- IBM Ventures (https://capitalatlas.ai/funds/ibm-ventures) — Series B
- Nventures — Series B
- Databricks Ventures (https://capitalatlas.ai/funds/databricks-ventures) — Series B