Astronomer Valuation, Funding & Investors

Astronomer is valued at $1B as of March 2022.

Last Astronomer valuation

$1B

Series C · Mar 2022

Last Astronomer funding round

$93M

Series D · May 2025

Cumulative funding Astronomer raised

$378M

across 8 funding rounds

Key investors in Astronomer

  • Sierra Ventures
  • Bain Capital Ventures
  • Venrock
  • Frontline Ventures
  • CincyTech
  • 500 Global

Astronomer Overview

About Astronomer

Astronomer is a Cincinnati-headquartered data orchestration platform centered on Apache Airflow. The company enables deployment of scalable workflows for ETL pipelines, machine learning, and analytics. Serving enterprises like IBM and Deloitte, Astronomer supports multi-cloud environments with managed Airflow instances processing petabyte-scale data.


Founded

2015

HQ

United StatesNew York City, NY

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$1B (Mar 2022)

Astronomer Valuation

Astronomer is currently valued at $1B, based on its Series C in March 2022.

The $213M round was led by Insight Partners, with participation from K5 Global, Salesforce Ventures, Sutter Hill Ventures, FirstMark, Sierra Ventures and 3 other investors.

Astronomer's valuation has grown 125x from $8M at its seed round in November 2018 to $1B in March 2022, across 3 priced rounds.

Astronomer valuation by funding round

Astronomer valuation by funding round
DateStageValuation
Mar 2022Series C$1B
May 2020Series A$47M
Nov 2018Seed$8M

Astronomer Funding History

Astronomer has raised a total of $378M across 8 funding rounds.

Astronomer's first fundraising round was a $2M seed round in October 2016. The most recent completed round was a $93M Series D in May 2025.

Astronomer funding rounds

Astronomer funding rounds
DateStageInvestorsRaisedValuationDeal Summary
May 2025Series DBain Capital Ventures (lead); Salesforce Ventures; Bosch Ventures; Venrock; Insight Partners; Meritech Capital Partners$93M-Astronomer, founded in 2018 and headquartered in New York, develops Astro, a unified DataOps platform powered by Apache Airflow, enabling data teams to build, run, monitor, and scale data pipelines as code. The platform supports enterprise-grade features like data observability, quality, lineage, cost optimization, and integrated dbt workflows, addressing use cases in ETL/ELT, MLOps, AI Ops, and data observability across industries such as finance, healthcare, retail, gaming, and manufacturing. As the leading commercial developer of Apache Airflow, which runs at over 80,000 companies with 30 million monthly downloads, Astronomer streamlines data operations and increases observability in distributed systems. Trusted by more than 700 leading enterprises, it accelerates reliable data products to unlock insights, AI value, and data-driven applications. On May 1, 2025, Astronomer raised $93 million in Series D funding led by Bain Capital Ventures, with participation from Salesforce Ventures and existing investors Insight Partners, Meritech Capital Partners, Venrock, and expected investment from Bosch Ventures. This matches the specified investors and approximate date of early May 2025. The company, which joined the unicorn club in 2022, plans to use the proceeds to expedite research and development, accelerate product development, strategically grow its global footprint, and expand its international presence. Last fiscal year, Astronomer achieved over 150% year-over-year Astro ARR growth, 130% Net Revenue Retention, 90%+ product utilization among customers, and improved operational efficiency with a two-year path to profitability. Investors highlighted the company's momentum, massive market demand for scalable data infrastructure amid enterprise AI adoption, and its role in unifying the DataOps stack. Bain Capital Ventures, an early backer since 2019, doubled down, citing Airflow's dominance and Astronomer's expansion into a full enterprise control plane. The funding underscores strong enterprise demand for Astronomer's platform, positioning it to capitalize on macro tailwinds in data platforms, cost optimization, and AI production at scale. CEO Andy Byron emphasized building a durable software company, with boardroom relevance in maximizing data value.
Mar 2022Series CInsight Partners (lead); K5 Global; Salesforce Ventures; Sutter Hill Ventures; FirstMark; Sierra Ventures; Venrock; JPMorgan Chase; Meritech Capital Partners$213M$1BAstronomer, developer of a modern data orchestration platform powered by Apache Airflow, announced a $213 million Series C funding round on March 23, 2022, led by Insight Partners with participation from Meritech Capital, Salesforce Ventures, J.P. Morgan, K5 Global, Sutter Hill Ventures, Venrock, and Sierra Ventures. The round valued the company at over $1 billion, enabling the acquisition of Datakin, a data operations tool from the founders of OpenLineage and Marquez open-source projects, while also supporting expansion of engineering, customer success, and go-to-market teams. The funding came amid booming demand for Astronomer's platform, used by customers including Condé Nast, Sonos, Rappi, StockX, and Electronic Arts across more than 35 countries. One Fortune 10 customer reportedly increased sales by $300 million using Astronomer, with adoption by nine of the top 12 gaming companies and three of the top 10 Wall Street banks. Gartner recognized Astronomer as a Cool Vendor in Data for AI and ML in 2021.
Jan 2021Series BSierra Ventures (lead)$44M-Astronomer is a Cincinnati-based tech startup that provides a data orchestration platform, enabling enterprises to run Apache Airflow at scale for managing complex data pipelines. The company raised $43.6 million in its Series B round in January 2021, led by Sierra Ventures, to enhance product capabilities and support customer acquisition. This followed earlier seed rounds, including $3.5 million in June 2017 led by Frontline Ventures and Wireframe Ventures, and $5.7 million in September 2019 also led by Sierra Ventures. Investors in later rounds included Meritech Capital, Salesforce Ventures, J.P. Morgan, K5 Global, Sutter Hill Ventures, Venrock, and returning participant Sierra Ventures. These funds supported engineering and customer success team growth, technology development, and go-to-market expansion. Astronomer continued raising capital post-2021, with a Series D of $93 million in May 2025 led by Bain Capital Ventures, Insight Partners, Meritech Capital Partners, Salesforce Ventures, and Venrock, bringing total raised to $376.26 million across 18 rounds as of 2025. The company has 42 investors including Firstmark Capital, Kearny Jackson, Lead Edge Capital, and Plug & Play. Sierra Ventures focuses on early-stage technology companies in enterprise software, with notable investments like Sourcefire, Intuit, and Treasure Data, aligning with their leadership in Astronomer's Series B. The platform scales data orchestration for enterprise needs, positioning Astronomer in the growing data pipeline management market.
May 2020Series AVenrock (lead); Refinery Ventures; Grand Ventures; Sierra Ventures; Frontline Ventures; Bain Capital Ventures$14M$47MAstronomer raised $13.6 million in its Series A round in May 2020, led by Venrock. Investors included Bain Capital Ventures, Frontline Ventures, Grand Ventures, Refinery Ventures, and Sierra Ventures. The valuation at the time was not publicly disclosed.
Sep 2019SeedSierra Ventures (lead); CincyTech; Refinery Ventures; Grand Ventures; Frontline Ventures; Bain Capital Ventures; Wireframe Ventures$6M-Astronomer raised $5.7 million in a seed round in September 2019 led by Sierra Ventures, with participation from Bain Capital Ventures, CincyTech, Frontline Ventures, Grand Ventures, Refinery Ventures, and Wireframe Ventures. The funding aimed to scale the platform and enhance product features. This round followed a $3.5 million seed in November 2018 led by CincyTech. Astronomer develops a data orchestration platform powered by open-source Apache Airflow, enabling cohesive data pipelines for enterprises. By 2022, the company achieved unicorn status with a Series C round of $213 million led by Insight Partners at over $1 billion valuation, funding the acquisition of Datakin and team expansion. Subsequent rounds included a Series D of $93 million in May 2025 led by Bain Capital Ventures, supporting global expansion and R&D for its unified DataOps platform.
Nov 2018SeedCincyTech (lead)$4M$8MAstronomer raised $3.5 million in a seed round in November 2018 led by CincyTech to further develop its data orchestration platform and expand the team. CincyTech is a seed-stage investor focusing on Midwest startups in technology, healthcare, and life sciences. This round followed a prior $3.5 million seed in June 2017 led by Frontline Ventures and Wireframe Ventures. Astronomer provides a data orchestration platform powered by Apache Airflow. The company later raised additional rounds, including $5.7 million in September 2019 led by Sierra Ventures and a $213 million Series C in March 2022 led by Insight Partners at over $1 billion valuation.
Jun 2017SeedFrontline Ventures (lead); Wireframe Ventures (lead); CoreNetwork Fund; Social Starts; First Ascent Ventures; AngelPad; 500 Global; M25$4M-Astronomer raised $3.5 million in a funding round around June 2017 led by Wireframe Ventures and CincyTech, with participation from Frontline Ventures, Grand Ventures, Drummond Road, Core Network, and M25 Group. This followed a $1.9 million seed round from AngelPad, 500 Startups, Social Starts, and First Ascent Ventures. The capital was intended to expand sales and engineering operations for its data analytics platform, which simplifies data collection, assembly, and organization using Apache Airflow to free engineering resources for analysis. Astronomer, founded in 2015 and based in Cincinnati, addresses the challenge where data scientists spend 90% of their time on data capture and management.
Oct 2016SeedCincyTech (lead); CoreNetwork Fund; First Ascent Ventures; Connetic Ventures; AngelPad; Drummond Road Capital; 500 Global$2M--

Who has invested in Astronomer?

24 investors have backed Astronomer across its funding rounds, including Sierra Ventures, Bain Capital Ventures, Venrock, Frontline Ventures, CincyTech and 500 Global.

Lead investors include Bain Capital Ventures, Insight Partners, Sierra Ventures, Venrock, CincyTech and 2 other investors.


Astronomer Investors

Investors in Astronomer by funding rounds participated
InvestorHQRoundsRoleFirst check
Sierra VenturesUnited StatesSan Francisco, CA4LeadSep 2019
CincyTechUnited StatesCincinnati, OH3LeadOct 2016
VenrockUnited StatesSan Francisco, CA3LeadMay 2020
Frontline VenturesUnited KingdomLondon3LeadJun 2017
Bain Capital VenturesUnited StatesSan Francisco, CA3LeadSep 2019
CoreNetwork FundUnited StatesToledo, OH2ParticipantOct 2016
Salesforce VenturesUnited StatesSan Francisco, CA2ParticipantMar 2022
First Ascent VenturesCanadaToronto2ParticipantOct 2016
Refinery VenturesUnited StatesCincinnati, OH2ParticipantSep 2019
Grand VenturesUnited StatesGrand Rapids, MI2ParticipantSep 2019
Insight PartnersUnited StatesNew York City, NY2LeadMar 2022
AngelPadUnited StatesSan Francisco, CA2ParticipantOct 2016
Wireframe VenturesUnited StatesSan Francisco, CA2LeadJun 2017

This data is available for Pro users. Sign up to see all 24 Astronomer investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Acquisitions by Astronomer

Astronomer has acquired 1 company to date.

Last acquisition by Astronomer was on March 23rd 2022. Astronomer acquired Datakin for undisclosed valuation.


Latest Acquisitions by Astronomer

Datakin
Description
Datakin is a DataOps platform that maps data lineage across pipelines in multi-cloud environments for engineering teams. It tracks dataset dependencies in tools like Snowflake, Databricks, and Airflow, alerting on schema drifts or failures. San Francisco-headquartered and launched in 2019, Datakin supports enterprises like Fortune 500 financial services by automating impact analysis and compliance audits on petabyte-scale data warehouses.
HQ CountryUnited States
HQ City
San Francisco, CA
Deal Date23 Mar 2022
Valuationundisclosed
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all Astronomer acquisitions and their M&A valuation multiples.

Start Free Trial

Astronomer Competitors

Astronomer competitors include listed companies like TRS Information Technology and Transwarp, and private ones like Cyberhaven, Immuta, MinIO and Nominal.

Public and private companies comparable to Astronomer
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CyberhavenUnited StatesUnited StatesPrivate--$1B-
ImmutaUnited StatesBoston, MAPrivate--$1B-
MinIOUnited StatesSan Francisco, CAPrivate--$1B-
NominalUnited StatesAustin, TXPrivate--$1B-
TRS Information TechnologyChinaChinaPublicly listed$76M($20M)$1.7B19.7x
TranswarpChinaChinaPublicly listed$67M($31M)$1.9B28.0x

Astronomer Public Comps

Astronomer is still privately-owned, but its public comps include e-Hualu, BTQ Technologies, Zhongfu Information, TRS Information Technology, Datavault AI, Transwarp, Asteria, Airship AI, AgEagle Aerial Sys and Exasol.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
e-Hualu$69M($310M)24.1x-(5.4x)-
BTQ Technologies$226K($18M)1720.6x266.9x(21.8x)-
Zhongfu Information$108M$1M3.4x2.7x359.0x-
TRS Information Technology$76M($20M)19.3x19.7x(73.5x)478.8x
Datavault AI$39M($49M)4.1x1.1x(3.3x)(7.9x)
Transwarp$67M($31M)27.5x28.0x(59.8x)-
Asteria$22M$9M4.7x4.8x11.8x-
Airship AI$15M($5M)3.6x3.6x(10.7x)(9.9x)

This data is available for Pro users. Sign up to see all Astronomer competitors and their valuation data.

Start Free Trial

Common questions about Astronomer

When was Astronomer founded?Astronomer was founded in 2015.
Where is Astronomer headquartered?Astronomer is headquartered in New York City, NY, United States.
Is Astronomer publicly listed?No, Astronomer is a private, VC-backed company.
What is Astronomer's valuation?Astronomer was last valued at $1B in its Series C in March 2022.
How much funding has Astronomer raised?Astronomer has raised $378M across 8 funding rounds.
What was Astronomer's last funding round?Astronomer's last funding round was a $93M Series D in May 2025, led by Bain Capital Ventures.
Who are Astronomer's investors?Astronomer's investors include Sierra Ventures, CincyTech, Venrock, Frontline Ventures, Bain Capital Ventures, CoreNetwork Fund, Salesforce Ventures, First Ascent Ventures, Refinery Ventures, Grand Ventures and 14 others.
Which companies are comparable to Astronomer?Companies comparable to Astronomer include Cyberhaven, Immuta, MinIO, Nominal, TRS Information Technology and Transwarp.
How many companies has Astronomer acquired?Astronomer has acquired 1 company, including Datakin.

See companies similar to Astronomer

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial