Tecton Acquisition, Valuation, Funding & Investors
Tecton was acquired by Databricks in August 2025.
Cumulative funding Tecton raised
$160M
across 4 funding rounds
Key investors in Tecton
Andreessen Horowitz
Sequoia Capital
Lux Capital
Tiger Global
Kleiner Perkins
SV Angel
Liquid 2 Ventures
Bain Capital Ventures
About Tecton
Tecton is a Mountain View, California-headquartered platform providing feature stores for machine learning operations. Its Tecton Platform enables real-time feature engineering and serving at scale for models used by DoorDash, Walmart, and Netflix. Founded in 2019 by ex-Uber engineers, Tecton processes trillions of features monthly.
Founded
2019
HQ
San Francisco, CAWebsite
Status
Acquired
Customer focus
B2B
Revenue model
Subscription
Valuation
$900M (Jul 2022)
Tecton Acquisition
Tecton was acquired by Databricks for an undisclosed price on 22 August 2025.
Before the acquisition Tecton had raised $160M across 4 funding rounds.
Databricks, a data and AI company valued at over $100 billion following a recent investment round, acquired the assets of Tecton, a San Francisco-based real-time enterprise feature store, in August 2025. Tecton specializes in preparing, curating, and serving mission-critical contextual data with ultra-low latency, automated online serving, and point-in-time correctness for AI applications including fraud detection, risk scoring, and personalization. The founding team developed real-time AI tools at Uber, powering thousands of models, and Tecton serves Fortune 500 companies and startups like Coinbase. The acquisition integrates Tecton's technology into Databricks' unified data and AI platform, particularly enhancing Agent Bricks tooling for faster, reliable deployment of AI agents using real-time event-driven data. It builds on prior collaboration, including Databricks' investment in Tecton and shared customers, streamlining workflows from raw data to production-ready features and models while reducing data engineering complexity. This marks Databricks' fourth acquisition in 2025 and second in machine learning, following Fennel, amid competitive expansion in enterprise AI infrastructure. Tecton's embedding promises enterprise-grade scale, governance, and cost-efficiency, enabling seamless real-time decision-making in production environments without additional tools. Analysts highlight accelerated deployment of personalized applications and elimination of silos between systems. The deal positions Databricks to lead in agentic AI, addressing gaps in contextual data for autonomous agents.
| Acquirer | Date | Type |
|---|---|---|
| 22 Aug 2025 | Strategic M&A |
Tecton Valuation
Tecton is currently valued at $900M, based on its Series C in July 2022.
The $100M round was led by Kleiner Perkins, with participation from Snowflake Ventures, Andreessen Horowitz, Databricks Ventures, Sequoia Capital, Tiger Global and 1 other investor.
Tecton's valuation has grown 36x from $25M at its seed round in December 2018 to $900M in July 2022, across 3 priced rounds.
Tecton valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jul 2022 | Series C | $900M |
| Apr 2020 | Series A | $120M |
| Dec 2018 | Seed | $25M |
Tecton Funding History
Tecton has raised a total of $160M across 4 funding rounds.
Tecton's first fundraising round was a $5M seed round in December 2018. The most recent completed round was a $100M Series C in July 2022.
Tecton funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2022 | Series C | Kleiner Perkins (lead); Snowflake Ventures; Andreessen Horowitz; Databricks Ventures; Sequoia Capital; Tiger Global; Bain Capital Ventures | $100M | $900M | Tecton is an enterprise machine learning feature platform that orchestrates the complete lifecycle of features from transformation to online serving, founded by creators of Uber's Michelangelo platform to make world-class ML accessible. The company announced a $100 million Series C funding round on July 12, 2022, led by Kleiner Perkins, with participation from Andreessen Horowitz, Sequoia Capital, Bain Capital Ventures, Tiger Global, Snowflake Ventures, and Databricks Ventures, bringing total funding to $160 million. Reports in September 2022 indicated a post-money valuation of approximately $900 million. Funds were intended to scale engineering and go-to-market teams, accelerate product development, and expand operations. At the time of the announcement, Tecton reported that its annual recurring revenue nearly tripled from fiscal year 2021 to 2022, with ARR growth accelerating to over 180% in the fiscal quarter ended April 2022; some pre-announcement reports estimated ARR below $6 million in July 2022. The customer base grew more than fivefold over the prior 12 months, including Fortune 500 companies and innovators like Convoy, HelloFresh, Plaid, and Tide. Gross margins exceeded 80%, with hundreds of active users and integrations with Databricks, Snowflake, and Redis. Tecton has been recognized as a Gartner Cool Vendor and hosts the apply() conference. Strategic partnerships include Google Cloud and ModelBit for ML workflows. |
| Dec 2020 | Series B | Andreessen Horowitz (lead); Sequoia Capital (lead) | $35M | - | Tecton, founded by former Uber engineers who built the Michelangelo ML platform, provides an enterprise feature store to simplify production machine learning by turning raw data into reusable features for models powering fraud detection, recommendations, and other real-time applications. The company emerged from stealth with a $20 million Series A earlier in 2020, followed by a $35 million Series B announced on December 7, 2020, co-led by Andreessen Horowitz and Sequoia Capital, bringing total funding to $60 million. The Series B funds were allocated to accelerate product innovation, go-to-market expansion, and hiring, with employee count growing from 17 to 26 and plans to more than double by year-end. At the Series B announcement, Tecton released general availability of its cloud-native platform, moving beyond beta with early customers like Tide, which used it to combine batch and streaming data for faster feature deployment in credit decisioning, fraud detection, and cash flow insights. Investors highlighted Tecton's role in enabling operational ML at scale, positioning it as core infrastructure for future enterprise automation. The platform supports both batch and real-time feature engineering, addressing key pain points in ML deployment. Tecton later raised a $100 million Series C in 2022 led by Kleiner Perkins at a $900 million valuation and total funding reached $160 million before Databricks announced its acquisition in 2026 using private shares, integrating Tecton's tech into Agent Bricks for AI workflows. |
| Apr 2020 | Series A | Andreessen Horowitz (lead); Sequoia Capital (lead); Lux Capital | $20M | $120M | Tecton, a San Francisco-based machine learning startup founded in 2019, emerged from stealth with a $20.18 million Series A funding round on April 28, 2020, led by Andreessen Horowitz and Sequoia Capital, who also participated in its seed funding, bringing total funding to $25 million at the time. The round valued the company at a post-money valuation of $119.75 million, with a price per share of $5.87 and approximately 3.4 million shares outstanding. Tecton develops a fully managed feature platform that automates the transformation of raw data, generates training datasets, and serves features for online inference at scale, enabling organizations to build and deploy machine learning systems with reusable models across use cases, reducing deployment time from months to minutes. The investors, Andreessen Horowitz and Sequoia Capital, took board seats, signaling strong early confidence in Tecton's position in the ML Ops sector. This Series A followed the seed round and preceded a Series B in December 2020, where Tecton raised $35.53 million at a $281.1 million post-money valuation, again from the same lead investors. The platform supports real-time ML applications and has since integrated with partners like Databricks and Snowflake. Tecton has grown significantly post-Series A, raising subsequent rounds including a $99.9 million Series C in July 2022 at $881.74 million valuation with new investors like Kleiner Perkins, Bain Capital, Tiger Global, Databricks Ventures, and Snowflake Ventures, and a later $100 million Series D in 2025 at $1 billion valuation. The company now employs over 150 people and focuses on scaling its feature platform and open-source Feast project to deliver customer value in automated ML for live applications. |
| Dec 2018 | Seed | Andreessen Horowitz (lead); Sequoia Capital (lead); SV Angel; Liquid 2 Ventures; Lux Capital | $5M | $25M | Tecton is an ML Ops platform that provides a feature store for real-time machine learning applications. The company was founded in 2019 by three former Uber engineers—Jeremy Hermann, Kevin Stumpf, and Mike Del Balso—with the mission of helping organizations put machine learning models into production and maintain operational ML applications. In December 2018, Tecton raised $4.9 million in a Series Seed round led by Lux Capital at a $24.5 million post-money valuation. The platform automates and orchestrates data pipelines, enabling data scientists and AI/ML engineers to transform structured and unstructured data into AI-ready context for fraud detection, recommendation systems, and other real-time applications. The company went on to raise significantly larger rounds in subsequent years, including a $20 million Series A in 2020 and a $100 million Series C in July 2022 at a $900 million valuation, with participation from top-tier investors including Andreessen Horowitz, Sequoia Capital, Kleiner Perkins, and strategic investors Databricks and Snowflake. |
Who has invested in Tecton?
10 investors have backed Tecton across its funding rounds, including Andreessen Horowitz, Sequoia Capital, Lux Capital, Tiger Global, Kleiner Perkins and SV Angel.
Lead investors include Kleiner Perkins, Andreessen Horowitz and Sequoia Capital.
Tecton Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| San Francisco, CA | 4 | Lead | Dec 2018 | |
| San Francisco, CA | 4 | Lead | Dec 2018 | |
| New York City, NY | 2 | Participant | Dec 2018 | |
| San Francisco, CA | 1 | Participant | Dec 2018 | |
| San Francisco, CA | 1 | Lead | Jul 2022 | |
| San Francisco, CA | 1 | Participant | Dec 2018 | |
| Bozeman, MT | 1 | Participant | Jul 2022 | |
| San Francisco, CA | 1 | Participant | Jul 2022 | |
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Start Free TrialTecton Competitors
Tecton competitors include listed companies like TRS Information Technology and Teradata, and private ones like GWI, Govini, osapiens and Sisense.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 London | Private | - | - | $850M | - | |
| Washington, DC | Private | $100M | - | $1B | 10.0x | |
 Mannheim | Private | - | - | $1B | - | |
| New York City, NY | Private | $100M | - | $1B | 10.0x | |
 China | Publicly listed | $76M | ($20M) | $1.7B | 19.7x | |
| United States | Publicly listed | $1.7B | $285M | $2.7B | 1.5x |
Tecton Public Comps
Tecton is no longer listed, but its public comps include Beijing CTJ Info Tech, ODDITY Tech, Beijing Join-Cheer, Rezolve AI, e-Hualu, Beijing Haitian Ruisheng, Rackspace, Appier Group, Extreme Vision and iFLYHealth.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $123M | $13M | 5.3x | 4.9x | 51.3x | 34.6x | |||
| $810M | $131M | 1.5x | 1.8x | 9.6x | 18.3x | |||
| $386M | $11M | 1.9x | - | 68.9x | - | |||
| $47M | ($109M) | 23.3x | 4.0x | (10.0x) | (19.3x) | |||
| $69M | ($310M) | 24.1x | - | (5.4x) | - | |||
| $56M | $5M | 13.8x | 14.0x | 160.9x | - | |||
| $2.7B | $244M | 1.5x | 1.6x | 17.1x | 15.0x | |||
| $281M | $44M | 3.4x | 2.9x | 21.6x | 15.7x | |||
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Common questions about Tecton
| When was Tecton founded? | Tecton was founded in 2019. |
| Where is Tecton headquartered? | Tecton is headquartered in San Francisco, CA, United States. |
| Is Tecton publicly listed? | No, Tecton was acquired by Databricks in August 2025. |
| Who acquired Tecton? | Tecton was acquired by Databricks in August 2025. |
| What is Tecton's valuation? | Tecton was last valued at $900M in its Series C in July 2022. |
| How much funding has Tecton raised? | Tecton has raised $160M across 4 funding rounds. |
| What was Tecton's last funding round? | Tecton's last funding round was a $100M Series C in July 2022, led by Kleiner Perkins. |
| Who are Tecton's investors? | Tecton's investors include Andreessen Horowitz, Sequoia Capital, Lux Capital, SV Angel, Kleiner Perkins, Liquid 2 Ventures, Snowflake Ventures, Databricks Ventures, Tiger Global and Bain Capital Ventures. |
| Which companies are comparable to Tecton? | Companies comparable to Tecton include GWI, Govini, osapiens, Sisense, TRS Information Technology and Teradata. |
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