Domino Data Lab Valuation, Funding & Investors
Domino Data Lab is valued at $450M as of June 2020.
Last Domino Data Lab valuation
$450M
Series E · Jun 2020
Last Domino Data Lab funding round
$100M
Series F · Oct 2021
Cumulative funding Domino Data Lab raised
$224M
across 7 funding rounds
Key investors in Domino Data Lab
Sequoia Capital
Coatue
Bloomberg Beta
Highland Capital Partners
Zetta Venture Partners
Slow Ventures
About Domino Data Lab
Domino Data Lab builds an enterprise MLOps platform enabling data science teams to develop, deploy, monitor, and scale AI and machine learning models. San Francisco-headquartered, the company integrates with Jupyter, TensorFlow, Kubernetes, AWS, Azure, and GCP for reproducible workflows, governance, experiment tracking, and production monitoring. Domino Data Lab bridges data scientists, DevOps, and executives to accelerate model lifecycles in finance, healthcare, and manufacturing.
Founded
2013
HQ
San Francisco, CAWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$450M (Jun 2020)
Domino Data Lab Valuation
Domino Data Lab is currently valued at $450M, based on its Series E in June 2020.
The $43M round was led by Highland Capital Partners, with participation from Highland Europe, Sequoia Capital, Coatue and Dell Technologies Capital.
Domino Data Lab's valuation has grown 28x from $16M at its Series A in August 2015 to $450M in June 2020, across 3 priced rounds.
Domino Data Lab valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2020 | Series E | $450M |
| Aug 2018 | Series D | $250M |
| Aug 2015 | Series A | $16M |
Domino Data Lab Funding History
Domino Data Lab has raised a total of $224M across 7 funding rounds.
Domino Data Lab's first fundraising round was a $100K angel round in April 2015. The most recent completed round was a $100M Series F in October 2021.
Domino Data Lab funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2021 | Series F | Great Hill Partners (lead); NVIDIA; Highland Capital Partners; Sequoia Capital; Coatue; Empede Capital | $100M | - | Domino Data Lab announced a $100 million Series F funding round on October 5, 2021, led by private equity firm Great Hill Partners with participation from existing investors Coatue Management, Highland Capital Partners, and Sequoia Capital, plus new investor NVIDIA. The round brought total company funding to $228 million. The company provides an enterprise MLOps platform trusted by over 20% of the Fortune 100, enabling organizations to build model-driven businesses through orchestration and management of machine learning workloads. Domino and NVIDIA announced an expanded partnership to integrate products and expand joint sales efforts. CEO Nick Elprin stated the funding would accelerate growth in product development and support hiring to help customers put models at the heart of their business. Great Hill Partners, described as "smart money" focused on data-savvy companies, assigned both founder Chris Gaffney and tech executive Derek Schoettle to the investment, both with deep expertise in data and analytics. The investment occurred amid a broader surge in funding for data science and ML platforms, comparable to DataRobot's $300 million G round and Dataiku's $400 million round in mid-2021. Domino's enterprise focus addresses a key challenge in AI adoption: managing model and AI workload orchestration and technical debt as model creation has become increasingly commoditized. |
| Jun 2020 | Series E | Highland Capital Partners (lead); Highland Europe; Sequoia Capital; Coatue; Dell Technologies Capital | $43M | $450M | Domino Data Lab is a San Francisco-based provider of an Enterprise MLOps platform that helps businesses manage data science, AI, and machine learning tools, enabling reproducible model creation, deployment, collaboration, and governance. The company serves major corporations including over 20% of the Fortune 100, addressing challenges in integrating disparate analytics tools into harmonious workflows. On June 9, 2020, Domino raised $43 million in a Series E round led by Highland Capital Partners, with participation from Dell Technologies Capital, Sequoia Capital, Coatue Management, and Highland Europe, bringing total funding to $128 million. The funding coincided with the launch of Domino Model Monitor to mitigate machine learning model drift. Investors highlighted Domino's role in supporting enterprise data science across customer engagement, product development, and operations. This round followed earlier financings, including a $40 million raise in August 2018 co-led by Sequoia and Coatue, and a $27 million round in 2017 with Bloomberg Beta and Zetta Venture Partners. Subsequently, Domino raised $100 million in a Series F round on October 5, 2021, led by Great Hill Partners with NVIDIA, Coatue, Highland Capital Partners, and Sequoia, increasing total funding to $228 million. Funds supported growth, innovation, and expanded NVIDIA partnership for accelerated computing and joint sales. The platform integrates with NVIDIA DGX systems and AI Enterprise software. |
| Aug 2018 | Series D | Coatue (lead); Sequoia Capital (lead) | $40M | $250M | Domino Data Lab is an enterprise data science and MLOps platform that enables companies to accelerate model development, collaboration, and deployment while providing governance for data science teams. Customers including Allstate, Instacart, Dell, and Bayer use the platform to run model-driven businesses, focusing on applications like fraud reduction, crop yield optimization, and personalized recommendations. Founded in 2013 and headquartered in San Francisco, the company targets the growing demand for model management and enterprise MLOps solutions. On August 8, 2018, Domino Data Lab announced a $40 million Series D funding round led by Sequoia Capital and Coatue Management, bringing total capital raised to $81.2 million. The investors doubled down on prior commitments, with the round aimed at delivering new data science platform products, hiring talent, global expansion, and deepening partnerships with SAS and AWS. Prior rounds included a $27 million Series C in April 2017 led by Coatue and a $10.5 million Series B in November 2016 led by Sequoia. The funding reflected strong investor confidence in Domino's product-market fit and the emerging model management category amid a massive market opportunity. By 2025, valuations reached $915 million in a Series F non-voting round, with total funding exceeding $228 million from investors like Great Hill Partners, Nvidia, Highland Capital, and ongoing participation from Sequoia and Coatue. |
| Apr 2017 | Series C | Coatue (lead); Zetta Venture Partners; Bloomberg Beta; Sequoia Capital | $27M | - | Domino Data Lab is an enterprise MLOps platform that helps data science teams manage model development, deployment, and governance at scale. Founded in 2013 and headquartered in San Francisco, the company serves over 20 percent of the Fortune 100 companies seeking to operationalize and scale their data science capabilities. In April 2017, Domino announced a Series C funding round of $27 million led by Coatue Management, with participation from previous investors Sequoia Capital, Zetta Venture Partners, and Bloomberg Beta. The round was notable because Coatue itself was an existing customer of Domino's platform, using it within its quantitative research team for two years prior to investing. Coatue's venture team identified data science advancement as a critical investment trend and was attracted by both Domino's market position and strong product adoption among its own analysts. The company stated it would use the funding to accelerate engineering, expand its sales footprint to New York City and London, and increase marketing efforts. The company would go on to raise additional capital in subsequent rounds, including a $40 million Series D in August 2018 and a $43 million Series E in June 2020 (at which point prior cumulative funding of $85 million had occurred at a $260 million valuation). |
| Nov 2016 | Series B | Sequoia Capital (lead) | $11M | - | Domino Data Lab raised $10.5 million in its Series B funding round on November 17, 2016, led by Sequoia Capital. The company provides an open data science platform to help enterprises manage and scale data science teams, enabling model-driven businesses in sectors like insurance, retail, and pharmaceuticals. The platform supports collaboration, governance, and rapid model deployment for customers such as Allstate, Instacart, Dell, and Bayer. Later funding included a $40 million Series D in August 2018 led by Sequoia Capital and Coatue Management, increasing total capital to $81.2 million, and further rounds up to a $100 million Series F in 2021, reaching $228 million total raised. |
| Aug 2015 | Series A | Zetta Venture Partners (lead); Slow Ventures; Bloomberg Beta; IQT | $3M | $16M | Domino Data Lab is an enterprise MLOps platform that empowers data science teams to manage and scale data science operations with discipline and maturity. The company was founded in 2013 and provides an open data science platform used by model-driven enterprises to accelerate breakthrough research and rapidly deliver high-impact models. In August 2015, Domino Data Lab closed its Series A funding round, raising $3 million from a syndicate of investors including Zetta Venture Partners, Bloomberg Beta, In-Q-Tel, and Slow Ventures. The round valued the company at $16.07 million post-money, establishing the foundation for the company's expansion into the enterprise data science platform market. As an early-stage startup at the time of this round, Domino Data Lab had not yet publicly disclosed revenue or EBITDA metrics. The company would go on to raise additional funding rounds, ultimately securing $100 million in Series F funding at a $1.1 billion valuation, and counting more than 20% of the Fortune 500 as customers on its platform. |
| Apr 2015 | Angel | - | $100K | - | - |
Who has invested in Domino Data Lab?
12 investors have backed Domino Data Lab across its funding rounds, including Sequoia Capital, Coatue, Bloomberg Beta, Highland Capital Partners, Zetta Venture Partners and Slow Ventures.
Lead investors include Great Hill Partners, Highland Capital Partners, Coatue, Sequoia Capital and Zetta Venture Partners.
Domino Data Lab Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| San Francisco, CA | 5 | Lead | Nov 2016 | |
| New York City, NY | 4 | Lead | Apr 2017 | |
| San Francisco, CA | 2 | Lead | Aug 2015 | |
| Lexington, KY | 2 | Lead | Jun 2020 | |
| San Francisco, CA | 2 | Participant | Aug 2015 | |
| San Jose, CA | 1 | Participant | Oct 2021 | |
| San Francisco, CA | 1 | Participant | Aug 2015 | |
 London | 1 | Participant | Jun 2020 | |
| United States | 1 | Lead | Oct 2021 | |
 Dubai | 1 | Participant | Oct 2021 | |
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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 TrialDomino Data Lab Competitors
Domino Data Lab competitors include listed companies like Appen and User Local, and private ones like Cortex, Skai, Listen Labs and Comet.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| San Francisco, CA | Private | - | - | $470M | - | |
 Israel | Private | - | - | $480M | - | |
| San Francisco, CA | Private | $10M | - | $500M | - | |
| New York City, NY | Private | - | - | $314M | - | |
 Australia | Publicly listed | $231M | $9M | $199M | 0.6x | |
 Japan | Publicly listed | $34M | $15M | $156M | 2.8x |
Domino Data Lab Public Comps
Domino Data Lab is still privately-owned, but its public comps include Yidu Tech, Spire Global, Winner Technology, Beijing Hanyi Innovation, Ropeok Technology Group, Happiest Minds Technologies, Vista Group, Intelligo Technology, DSC Holdings and Shanghai Wondertek.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $122M | ($4M) | 1.4x | 1.2x | (45.0x) | 7.7x | |||
| $72M | ($40M) | 5.5x | 5.1x | (9.9x) | (13.6x) | |||
| $46M | ($7M) | 9.0x | - | (60.9x) | - | |||
| $28M | $5M | 15.6x | 13.9x | 89.9x | 50.9x | |||
| $23M | ($28M) | 18.6x | - | (15.2x) | - | |||
| $241M | $43M | 2.0x | 1.9x | 11.5x | 10.7x | |||
| $94M | $5M | 4.2x | 3.8x | 85.8x | 20.8x | |||
| $50M | $20M | 8.4x | 8.4x | 20.8x | - | |||
This data is available for Pro users. Sign up to see all Domino Data Lab competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Domino Data Lab
| When was Domino Data Lab founded? | Domino Data Lab was founded in 2013. |
| Where is Domino Data Lab headquartered? | Domino Data Lab is headquartered in San Francisco, CA, United States. |
| Is Domino Data Lab publicly listed? | No, Domino Data Lab is a private, VC-backed company. |
| What is Domino Data Lab's valuation? | Domino Data Lab was last valued at $450M in its Series E in June 2020. |
| How much funding has Domino Data Lab raised? | Domino Data Lab has raised $224M across 7 funding rounds. |
| What was Domino Data Lab's last funding round? | Domino Data Lab's last funding round was a $100M Series F in October 2021, led by Great Hill Partners. |
| Who are Domino Data Lab's investors? | Domino Data Lab's investors include Sequoia Capital, Coatue, Zetta Venture Partners, Highland Capital Partners, Bloomberg Beta, NVIDIA, Slow Ventures, Highland Europe, Great Hill Partners, Empede Capital and 2 others. |
| Which companies are comparable to Domino Data Lab? | Companies comparable to Domino Data Lab include Cortex, Skai, Listen Labs, Comet, Appen and User Local. |
See companies similar to Domino Data Lab
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