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Data Platform Y42 Raises $31M

Oct 25, 2021almost 4 years ago

Amount Raised

$31 Million

BerlinSoftwareEducation

Description

Berlin-based low-code data platform Y42 today announced that it has raised a $31 million Series A funding round co-led by Atomico and Insight Partners. La Famiglia, which led the company’s seed round, and Data Community Fund also participated in this round, which brings the company’s total funding to date to just under $34 million.

Company Information

Company

Y42

Location

Berlin, Maryland, United States

About

That’s an area where the company is winning a lot of new customers, but it also means that Y42 has to be able to scale with those users as they build up their data practices, something Dang is optimistic the company can do (especially given some of the features it has on its roadmap for next year). The company currently has about 70 employees, up from 25 in March. Y42 has already started building out a US-based team, too.

Funding Insights

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