RelationalAI Funding, Investors & Competitors

RelationalAI has raised $138M across 3 funding rounds, most recently a $23M undisclosed-stage round in December 2025.

Last RelationalAI funding round

$23M

Undisclosed stage · Dec 2025

Cumulative funding RelationalAI raised

$138M

across 3 funding rounds

Key investors in RelationalAI

  • Madrona
  • Tiger Global
  • Menlo Ventures
  • Addition
  • Snowflake Ventures
  • AT&T

RelationalAI Overview

About RelationalAI

RelationalAI is a cloud-native database platform that integrates relational knowledge graphs with declarative machine learning for analytics applications. Las Vegas-headquartered since its 2017 founding, the company delivers RelationalDB, a SaaS service supporting SQL and Python workflows directly on data stacks like Snowflake and Databricks. It processes petabyte-scale datasets in minutes through massively parallel processing, serving enterprises in finance and healthcare for real-time decision-making.


Founded

2017

HQ

United StatesSan Francisco, CA

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

RelationalAI Funding History

RelationalAI has raised a total of $138M across 3 funding rounds.

RelationalAI's first fundraising round was a $40M Series A in May 2021. The most recent completed round was a $23M undisclosed-stage round in December 2025.

RelationalAI funding rounds

RelationalAI funding rounds
DateStageInvestorsRaisedDeal Summary
Dec 2025Undisclosed stageSnowflake Ventures; AT&T$23MRelationalAI is an enterprise decision intelligence platform that operates natively on the Snowflake AI Data Cloud, enabling organizations to make high-stakes decisions grounded in their own data without data movement. The company's technology combines frontier LLM training methodology with semantic models and advanced reasoners to deliver decision-grade reasoning inside Snowflake. RelationalAI's proprietary algorithmic breakthroughs compress training time and costs by 80x through agentic multi-step reasoning, relational knowledge graphs, and neuro-symbolic compute. In December 2025, Snowflake Ventures and AT&T Ventures jointly invested $22.5 million to accelerate development of RelationalAI's GenAI-native decision intelligence system and deepen integration with Snowflake Intelligence. The investment also supports delivery and distribution to Snowflake's enterprise customer base, including AT&T, which has collaborated with RelationalAI on multiple AI solutions and ranked atop two generative AI leaderboards—Spider 2.0 and GSMA's Open Telco LLM. RelationalAI positions itself at the forefront of enterprise decision intelligence by enabling organizations to deploy AI with confidence and measurable ROI, addressing the critical gap between data insights and operational decision-making at scale.
Apr 2022Series BTiger Global (lead); Menlo Ventures; Addition; Madrona$75MRelationalAI, a Berkeley-based startup founded in 2017, develops a relational knowledge graph system that combines application logic and relationships using relational technology to enable enterprises to build intelligent data apps and run advanced analytics on cloud data platforms like data warehouses and lakes. The platform uses a declarative language called Rel to model domain knowledge, reducing development lines by 10-100x, and supports use cases such as data fabric, fraud detection, securities analysis, structural search, and contextual recommendations. At the time of the Series B announcement, the company was in early deployment with enterprise customers and planned self-service availability in early 2023. In April 2022, RelationalAI raised $75 million in a Series B funding round led by Tiger Global, with participation from existing investors Madrona Venture Group, Addition, and Menlo Ventures, bringing total funding to $122 million. The proceeds were earmarked for accelerating product development and go-to-market strategies. The round coincided with the addition of Bob Muglia, former CEO of Snowflake, to the company's board. RelationalAI employed around 100-115 people and was actively hiring for remote roles, particularly in engineering. Investors highlighted the platform's potential to transform data app development by integrating complex business logic and machine learning directly into databases, addressing knowledge silos in enterprise data environments.
May 2021Series AMadrona (lead)$40MRelationalAI is a knowledge graph system builder that received early funding from Madrona Venture Group around January 2021, as indicated by Madrona's first investment date listed as 1/1/2021. This appears to be a seed or Series A round, with Madrona participating in subsequent rounds including Series A and Series B. Later, on April 26, 2022, RelationalAI closed a $75M Series B led by Tiger Global, with participation from Addition, Madrona, and Menlo Ventures, bringing total funding to $122M at that point. Later announcements focus on R&D and go-to-market expansion following the Series B.

Who has invested in RelationalAI?

6 investors have backed RelationalAI across its funding rounds, including Madrona, Tiger Global, Menlo Ventures, Addition, Snowflake Ventures and AT&T.

Lead investors include Tiger Global and Madrona.


RelationalAI Investors

Investors in RelationalAI by funding rounds participated
InvestorHQRoundsRoleFirst check
MadronaUnited StatesSeattle, WA2LeadMay 2021
Menlo VenturesUnited StatesSan Francisco, CA1ParticipantApr 2022
AdditionUnited StatesUnited States1ParticipantApr 2022
Snowflake VenturesUnited StatesBozeman, MT1ParticipantDec 2025

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RelationalAI Competitors

RelationalAI competitors include listed companies like Datadog and Dynatrace, and private ones like ClickHouse, Dataiku, Starburst and PingCAP.

Public and private companies comparable to RelationalAI
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
DatadogUnited StatesUnited StatesPublicly listed$3.4B($588K)$85B19.4x
DynatraceUnited StatesUnited StatesPublicly listed$2B$276M$16B7.0x
ClickHouseUnited StatesSan Francisco, CAPrivate$160M-$15B93.8x
DataikuUnited StatesNew York City, NYPrivate$150M-$3.7B24.7x
StarburstUnited StatesBoston, MAPrivate$100M-$3.4B-
PingCAPUnited StatesSan Francisco, CAPrivate--$3B-

RelationalAI Public Comps

RelationalAI is still privately-owned, but its public comps include Oracle, Palantir, ServiceNow, Snowflake, Datadog, RELX, Strategy, MongoDB, Verisk Analytics and Fair Isaac.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Oracle$67B$33B8.6x7.8x17.7x13.9x
Palantir$4.5B$1.5B92.6x58.1x285.0x97.4x
ServiceNow$13B$2.6B11.1x9.6x57.2x25.0x
Snowflake$4.7B($1.3B)25.6x21.0x(94.1x)121.7x
Datadog$3.4B($588K)23.6x19.4x(137813.0x)77.6x
RELX$13B$4.9B5.5x5.3x14.4x13.2x
Strategy$477M($5.4B)149.4x144.4x(13.1x)(12.3x)
MongoDB$2.5B($104M)11.9x10.4x(282.5x)49.6x

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Common questions about RelationalAI

When was RelationalAI founded?RelationalAI was founded in 2017.
Where is RelationalAI headquartered?RelationalAI is headquartered in San Francisco, CA, United States.
Is RelationalAI publicly listed?No, RelationalAI is a private, VC-backed company.
How much funding has RelationalAI raised?RelationalAI has raised $138M across 3 funding rounds.
What was RelationalAI's last funding round?RelationalAI's last funding round was a $23M undisclosed-stage round in December 2025.
Who are RelationalAI's investors?RelationalAI's investors include Madrona, Menlo Ventures, Addition, Snowflake Ventures, Tiger Global and AT&T.
Which companies are comparable to RelationalAI?Companies comparable to RelationalAI include Datadog, Dynatrace, ClickHouse, Dataiku, Starburst and PingCAP.

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