Total amount raised
$80.3 Millions
Latest funding date
02/01/2022
Location
Title
Census has successfully raised significant funding over multiple rounds, establishing itself as a key player in the data platform industry. The company offers a Universal Data Platform designed to help businesses transform, govern, and activate their data.
Keep reading to explore the intricacies of Census's fundraising journey and the investors backing this innovative platform.
What Is Census?
Census, founded in 2018, is headquartered in San Francisco, California. The company was established by Boris Jabes, Sean Lynch, and Anton Vayvod.
Specializing in data transformation, governance, and activation, Census offers a Universal Data Platform that integrates seamlessly with various business tools. Their platform supports Reverse ETL, enabling real-time data synchronization.
With a growing team of over 50 employees, Census continues to innovate in the data platform industry, helping businesses leverage their data more effectively.
How Much Funding Has Census Raised?
- Seed Round
- Amount Raised: $4.3 million
- Date: 2019
- Lead Investors: Andreessen Horowitz
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To build the product and work with early customers to automate data distribution from cloud data warehouses.
- Series A Round
- Amount Raised: $16 million
- Date: February 18, 2021
- Lead Investors: Sequoia Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To launch new features and improve product capabilities, including deeper data validation and a visual query experience.
- Series B Round
- Amount Raised: $60 million
- Date: February 9, 2022
- Lead Investors: Tiger Global
- Valuation at Round: $630 million
- Motivation Behind the Round: To expand the product, add more connectors and functionality, and operationalize analytics.
Total Amount Raised: $80.3 million. Current Valuation: $630 million.
Key Investors
- Andreessen Horowitz
- Details: Andreessen Horowitz is a prominent venture capital firm known for investing in early-stage and growth-stage technology companies. They led Census's $4.3 million seed round.
- Investment Focus Areas: Technology, enterprise, consumer, bio/healthcare, crypto, fintech
- Notable Investments: Facebook, Airbnb, Slack
- Sequoia Capital
- Details: Sequoia Capital is a leading venture capital firm that invests in various sectors including technology, healthcare, and consumer services. They led Census's $16 million Series A round.
- Investment Focus Areas: Technology, healthcare, consumer services
- Notable Investments: Apple, Google, WhatsApp
- Tiger Global
- Details: Tiger Global is an investment firm known for backing high-growth technology companies. They led the $60 million Series B funding round for Census.
- Investment Focus Areas: Technology, software, internet
- Notable Investments: Stripe, ByteDance, Coinbase
- Insight Partners
- Details: Insight Partners is a private equity and venture capital firm that focuses on growth-stage software and internet businesses. They participated in Census's Series B funding round.
- Investment Focus Areas: Software, internet, technology
- Notable Investments: Shopify, Twitter, Qualtrics
- SV Angel
- Details: SV Angel is a seed fund that has invested in a variety of successful startups. They participated in Census's seed funding round.
- Investment Focus Areas: Early-stage companies, technology
- Notable Investments: Twitter, Dropbox, Airbnb
What's Next for Census?
As Census looks to the future, the opportunities are vast. The company plans to expand its product by adding more connectors and functionalities, operationalizing analytics, and doubling or tripling its workforce. This growth is fueled by the increasing demand for data accessibility and operational analytics, positioning Census to become a key player in the data platform industry.
Future fundraising seems likely given the company's trajectory and the significant backing from top-tier investors. However, challenges such as maintaining a high growth rate, ensuring product meets diverse business needs, and hiring a skilled workforce could pose hurdles. Despite these challenges, Census's focus on innovation and customer growth suggests a promising path ahead.
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