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- DataRobot
DataRobot Revenue, Valuation, Funding & Investors
DataRobot is valued at $6.3B as of June 2021.
Last DataRobot valuation
$6.3B
Series G · Jun 2021
Last DataRobot funding round
$300M
Series G · Jun 2021
DataRobot revenue
$100M
Series F · Dec 2020
Key investors in DataRobot
New Enterprise Associates
IA Ventures
Sapphire Ventures
Tiger Global
Plug and Play
Salesforce Ventures
About DataRobot
DataRobot is a Boston-headquartered enterprise AI platform that automates machine learning model building and deployment. Founded in 2012, the company serves global firms in finance, healthcare, and manufacturing with end-to-end tools for time-series forecasting, anomaly detection, and NLP. Its AutoML processes petabyte-scale datasets on AWS, Azure, and GCP, enabling rapid ROI through governed production models.
Founded
2012
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$100M (Dec 2020)
Valuation
$6.3B (Jun 2021)
DataRobot Valuation
DataRobot is currently valued at $6.3B, based on its Series G in June 2021.
The $300M round was led by Altimeter Capital and Tiger Global, with participation from Salesforce Ventures, Putnam Premier IT, Page One Ventures, Sutter Hill Ventures, ServiceNow Ventures and 4 other investors.
DataRobot's valuation has grown 78x from $81M at its Series A in August 2014 to $6.3B in June 2021, across 5 priced rounds.
DataRobot valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jun 2021 | Series G | $6.3B | - |
| Dec 2020 | Series F | $2.8B | 28.0x |
| Nov 2020 | Series F | $2.7B | 12.0x |
| Sep 2019 | Series E | $1B | - |
| Aug 2014 | Series A | $81M | - |
DataRobot Revenue
DataRobot's latest recorded revenue is $100M, as of its Series F in December 2020. At a $2.8B valuation, that implies a 28.0x revenue multiple.
Revenue moved from $225M in November 2020 to $100M in December 2020, while the revenue multiple moved from 12.0x to 28.0x.
DataRobot revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Dec 2020 | $100M | $2.8B | 28.0x | Series F |
| Nov 2020 | $225M | $2.7B | 12.0x | Series F |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
DataRobot Funding History
DataRobot has raised a total of $1.1B across 10 funding rounds.
DataRobot's first fundraising round was a $100K pre-seed round in January 2013. The most recent completed round was a $300M Series G in June 2021.
DataRobot funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2021 | Series G | Altimeter Capital (lead); Tiger Global (lead); Salesforce Ventures; Putnam Premier IT; Page One Ventures; Sutter Hill Ventures; ServiceNow Ventures; J17 Capital; Counterpoint Global; Ballistic Ventures; HMC Capital | $300M | $6.3B | DataRobot is an AI platform company based in Boston that democratizes data science through end-to-end automation for building, deploying, and managing machine learning models. The platform enables enterprises to leverage artificial intelligence for predictive insights and data-driven decision-making without requiring specialized data science expertise, helping organizations forecast demand, improve customer relationships, and reduce costs. DataRobot's customer base includes approximately one-third of the Fortune 50. In July 2021, DataRobot announced a $300 million Series G funding round led by returning investors Altimeter Capital and Tiger Global, with participation from new investors Counterpoint Global (Morgan Stanley), Franklin Templeton, ServiceNow Ventures, and Sutter Hill Ventures. The round valued the company at $6.3 billion post-money, more than double the $3 billion valuation from its prior Series F round in November 2020. The company announced it would use the new capital to fuel platform innovation, expand its go-to-market team, and accelerate hiring across North America, EMEA, Asia Pacific, and Japan. Concurrent with the funding announcement, DataRobot announced the acquisition of Algorithmia, a Seattle-based machine learning operations platform that strengthens DataRobot's capabilities in deploying, monitoring, and managing AI models in production. The acquisition was designed to help customers rapidly transition from experimental to applied AI while continuously updating models as data changes. |
| Dec 2020 | Series F | Snowflake Ventures (lead); Salesforce Ventures; J-Ventures; Hewlett Packard Enterprise | $50M | $2.8B | DataRobot is an enterprise AI platform that automates the creation, release, and management of machine learning models at scale, helping businesses improve efficiency through AI-driven insights. In December 2020, it expanded its Series F round from $270 million to $320 million with a $50 million extension from Snowflake Ventures, Hewlett Packard Enterprise (HPE), and Salesforce Ventures, achieving a $2.8 billion post-money valuation. The round was led by Altimeter Capital, with earlier participants including T. Rowe Price, Tiger Global Management, Silver Lake Waterman, B Capital Group, Glynn Capital, ClearBridge, New Enterprise Associates (NEA), Sapphire Ventures, and BlackRock. The $50 million investment aligned with strategic partnerships, notably an expanded collaboration with Snowflake for product integration and joint go-to-market activities to enhance data utilization for business insights. At the time of the initial $270 million tranche in November 2020, DataRobot reported annual recurring revenue well over $100 million with high double-digit growth, and over 2 billion machine learning models built on its cloud platform. Funds supported R&D, international scaling in Europe, Asia Pacific, and federal government business, plus operational growth. This followed a $206 million Series E in September 2019 at $1.2 billion valuation, led by Sapphire Ventures. The Series F positioned DataRobot as a leader in enterprise AI amid market inflection, with potential IPO plans but focus on building scale. Later, a Series G in 2021 raised $300 million at $6.3 billion valuation. |
| Nov 2020 | Series F | Altimeter Capital (lead); Silver Lake; ClearBridge Investments; New Enterprise Associates; Silver Lake Waterman; T. Rowe Price; BlackRock; Tiger Global; Sapphire Ventures; B Capital; Glynn Capital Management; Oryx Ventures | $270M | $2.7B | DataRobot, an enterprise AI platform enabling automated machine learning model building, announced a $270 million pre-IPO funding round on November 17, 2020, led by Altimeter Capital with participation from T. Rowe Price, BlackRock, Tiger Global, Silver Lake Waterman, B Capital Group, Glynn Capital, ClearBridge, NEA, and Sapphire Ventures. The round valued the company at over $2.7 billion, more than double its prior Series E valuation. Customers, including many Fortune 500 companies, had built over two billion machine learning models on its cloud platform by then. The funding aimed to accelerate global growth amid rising demand for AI-driven predictive insights, as traditional methods struggled with rapidly changing enterprise data. CEO Dan Wright highlighted the need for platforms that predict future outcomes rather than just reporting past events to maintain competitive edges. DataRobot positioned itself as a leader in this space, recognized on Forbes Cloud 100 and Most Promising AI Companies lists, and as a Leader in IDC MarketScape for advanced ML software. This round preceded a larger $300 million Series G in July 2021, which doubled the valuation to $6.3 billion post-money, led by Altimeter and Tiger Global with new investors like Morgan Stanley's Counterpoint Global. Total funding reached about $1.1 billion across rounds by 2021. Later estimates pegged 2023 ARR at $225 million with over 90% recurring subscription revenue and service to 1,000+ organizations, alongside expansions into government via a $249 million DoD contract. |
| Sep 2019 | Series E | Sapphire Ventures (lead) | $206M | $1B | DataRobot, an enterprise AI platform specializing in Automated Machine Learning, Automated Time Series, and MLOps, announced a $206 million Series E funding round on September 17, 2019, led by Sapphire Ventures. New investors included Tiger Global Management, World Innovation Lab, Alliance Bernstein, and EDBI, while existing investors like DFJ Growth, Geodesic Capital, Intel Capital, Sands Capital, NEA, and Meritech participated or increased stakes, bringing total funding to $431 million. The proceeds were allocated to advance the DataRobot platform's development, support potential acquisitions—following the recent ParallelM purchase for MLOps—and fuel expansion after over a million hours of engineering and thousands of AI projects across 35 countries. CEO Jeremy Achin highlighted the team's execution, while Sapphire Ventures' Jai Das praised DataRobot's scaling and R&D trajectory in the AI space. |
| Oct 2018 | Series D | Meritech Capital Partners (lead); Sapphire Ventures (lead); Plug and Play; New Enterprise Associates; IA Ventures; DFJ Growth; Gan Kapital; Intel Capital | $100M | - | - |
| Jul 2017 | Series C | New Enterprise Associates (lead); Accomplice; Plug and Play; Omega Venture Partners | $67M | - | - |
| Feb 2016 | Series B | New Enterprise Associates (lead); New York Life Insurance; Accomplice; CSC Upshot; IA Ventures; Recruit Strategic Partners; Intel Capital | $33M | - | - |
| Aug 2014 | Series A | New Enterprise Associates (lead); New York Life Insurance; Atlas Venture; IA Ventures | $21M | $81M | DataRobot, founded in 2012, develops an automated machine learning platform that enables data scientists to build and deploy predictive models efficiently, serving enterprise clients across sectors like government, financial services, and commercial industries via SaaS subscriptions and on-premises deployments. The company has raised over $1 billion in total funding across multiple rounds, with later examples including a $300M Series G in July 2021 at $6.3B post-money valuation co-led by Altimeter Capital and Tiger Global, and a $270M round at $2.7B valuation with investors including NEA and Tiger Global. Traction metrics from later periods show DataRobot achieving $176M ARR for the fiscal year ending January 2022 (up 25% YoY), with estimates reaching $225M ARR by end-2023 and over $100M ARR mentioned in connection with the $2.7B valuation round, alongside high double-digit growth and over 2 billion machine learning models built on its platform. The platform supports land-and-expand go-to-market strategies, consumption-based pricing for compute workloads, and high switching costs through integrated AI workflows for predictive and generative models. It targets regulated industries with dual cloud and on-premises options. DataRobot was recognized as a unicorn with $6.3B valuation in July 2021 and named a Leader in IDC MarketScape for MLOps Platforms in 2024. |
| Sep 2013 | Seed | Techammer; Atlas Venture; IA Ventures | $3M | - | DataRobot raised $3.3 million in a funding round on September 16, 2013. Investors included Atlas Venture and IA Ventures. The company develops a predictive analytics cloud platform that enhances data scientist productivity and enables non-experts to perform data science. DataRobot had participated in the TechStars Cloud accelerator in San Antonio that year and relocated its office to Boston. |
| Jan 2013 | Pre-seed | Techstars (lead); Right Side Capital Management | $100K | - | - |
Who has invested in DataRobot?
39 investors have backed DataRobot across its funding rounds, including New Enterprise Associates, IA Ventures, Sapphire Ventures, Tiger Global, Plug and Play and Salesforce Ventures.
Lead investors include Altimeter Capital, Tiger Global, Snowflake Ventures, Sapphire Ventures, Meritech Capital Partners and 2 other investors.
DataRobot Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 5 | Lead | Aug 2014 | ||
| 4 | Participant | Sep 2013 | ||
| 3 | Lead | Oct 2018 | ||
| 2 | Participant | Aug 2014 | ||
| 2 | Participant | Dec 2020 | ||
| 2 | Participant | Feb 2016 | ||
| 2 | Participant | Jul 2017 | ||
| 2 | Lead | Nov 2020 | ||
| 2 | Participant | Sep 2013 | ||
| 2 | Lead | Nov 2020 | ||
| 2 | Participant | Feb 2016 | ||
| 1 | Participant | Nov 2020 | ||
| 1 | Participant | Feb 2016 | ||
This data is available for Pro users. Sign up to see all 39 DataRobot investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by DataRobot
DataRobot has acquired 8 companies to date.
Last acquisition by DataRobot was on February 10th 2025. DataRobot acquired Data Robot for undisclosed valuation.
Latest Acquisitions by DataRobot
| Description | Agnostiq is a Canadian quantum and AI computing company behind the Covalent platform, offering serverless access to Nvidia H100 GPUs and A100s via Python APIs. Headquartered in Toronto, founded in 2019, Covalent scales workflows to thousands of nodes for ML training and quantum simulations, available open-source or hosted. Used by researchers at universities like MIT for distributed simulations. | Decision.ai is a Toronto-based artificial intelligence company that applies machine learning models to optimize pricing, inventory, and customer retention for retailers and consumer goods firms. The platform analyzes sales data to deliver actionable forecasts, helping clients like major grocery chains boost revenue by double digits. Launched in 2017, Decision.ai serves North American enterprises with cloud-deployed tools. | Algorithmia is a Seattle-headquartered machine learning operations platform automating model deployment, versioning, and scaling. It hosts a marketplace with 5,000+ pre-built algorithms for computer vision and NLP tasks. Founded in 2013, it powered workloads for Fortune 500 clients before DataRobot acquisition in 2021, now integrated into its enterprise MLOps suite. | Zepl is a San Francisco-headquartered cloud platform for data science and analytics, created by Apache Zeppelin developers. The company provides collaborative notebooks supporting Python, R, SQL, Spark, and Jupyter for enterprise model building. Zepl integrates with AWS, Azure, and Databricks, serving Fortune 500 clients in finance and healthcare. Founded in 2018, it emphasizes secure, scalable environments with version control and governance features. | |
| HQ Country | |||||
| HQ City | Toronto | Boulder, CO | Seattle, WA | San Jose, CA | |
| Deal Date | 10 Feb 2025 | 28 Sep 2021 | 26 Jul 2021 | 11 May 2021 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all DataRobot acquisitions and their M&A valuation multiples. Start Free Trial | |||||
DataRobot Competitors
DataRobot competitors include listed companies like SenseTime Group and Presight AI, and private ones like SandboxAQ, Commure, Legora and Clay.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $748M | ($70M) | $6.2B | 5.8x | ||
| Private | - | - | $5.8B | - | ||
| Private | $200M | - | $7B | 35.0x | ||
| Publicly listed | $825M | $214M | $5.7B | 5.4x | ||
| Private | $100M | - | $5.6B | 56.0x | ||
| Private | $200M | - | $7.1B | 35.5x |
DataRobot Public Comps
DataRobot is still privately-owned, but its public comps include SenseTime Group, Presight AI, UiPath, Tenable, XtalPi, CorVel, Fermi, Infleqtion, Shenzhen Intellifusion and iFlytek.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $748M | ($70M) | 6.9x | 5.8x | (73.5x) | 113.7x | |||
| $825M | $214M | 6.3x | 5.4x | 24.4x | 20.8x | |||
| $1.6B | $70M | 3.7x | 3.5x | 85.8x | 13.7x | |||
| $999M | $31M | 4.1x | 3.9x | 129.9x | 15.3x | |||
| $120M | $22M | 24.8x | 21.5x | 134.0x | (141.6x) | |||
| $959M | $175M | 3.5x | - | 19.1x | - | |||
| - | ($490M) | - | 281.8x | (7.5x) | (63.2x) | |||
| $29M | ($52M) | 92.3x | 64.5x | (50.9x) | (60.0x) | |||
This data is available for Pro users. Sign up to see all DataRobot competitors and their valuation data. Start Free Trial | ||||||||
Common questions about DataRobot
| When was DataRobot founded? | DataRobot was founded in 2012. |
| Where is DataRobot headquartered? | DataRobot is headquartered in Boston, MA, United States. |
| Is DataRobot publicly listed? | No, DataRobot is a private, VC-backed company. |
| What is DataRobot's valuation? | DataRobot was last valued at $6.3B in its Series G in June 2021. |
| How much funding has DataRobot raised? | DataRobot has raised $1.1B across 10 funding rounds. |
| What was DataRobot's last funding round? | DataRobot's last funding round was a $300M Series G in June 2021, led by Altimeter Capital and Tiger Global. |
| Who are DataRobot's investors? | DataRobot's investors include New Enterprise Associates, IA Ventures, Sapphire Ventures, New York Life Insurance, Salesforce Ventures, Accomplice, Plug and Play, Altimeter Capital, Atlas Venture, Tiger Global and 29 others. |
| What is DataRobot's revenue? | DataRobot's latest recorded revenue is $100M (December 2020). |
| What is DataRobot's revenue multiple? | DataRobot's latest valuation implies a 28.0x revenue multiple ($2.8B valuation on $100M of revenue). |
| Which companies are comparable to DataRobot? | Companies comparable to DataRobot include SenseTime Group, SandboxAQ, Commure, Presight AI, Legora and Clay. |
| How many companies has DataRobot acquired? | DataRobot has acquired 8 companies, including Data Robot, Decision.ai, Algorithmia, Zepl and Paxata. |
| What was the largest acquisition by DataRobot? | The $100M acquisition of Nexosis in July 2018 is the largest acquisition DataRobot has made to date. |
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