Collibra has successfully raised $295.7 million over eight funding rounds, achieving a valuation of over $1 billion. The platform specializes in data intelligence, offering comprehensive support for data governance and AI use cases.
Keep reading to explore the intricacies of Collibra's fundraising journey and the investors backing this innovative platform.
What Is Collibra?
Collibra, founded by Pieter De Leenheer and Felix Van de Maele, is a leader in data intelligence and AI governance. Established in 2008, the company has its global headquarters in Brussels, Belgium, and a North American headquarters in New York City.
Collibra's platform offers functionalities for data cataloging, governance, quality, privacy, and AI governance, helping organizations efficiently find, understand, trust, and access data. The company has a diverse global footprint with offices in the US, Belgium, Australia, France, UK, Czech Republic, and Poland.
With a team of 501-1000 employees, Collibra is dedicated to accelerating trusted business outcomes by connecting the right data, insights, and algorithms to all Data Citizens. Their cloud-based platform fosters a data-driven culture for the digital enterprise.
How Much Funding Has Collibra Raised?
- Seed Round
- Amount Raised: $1,200,000
- Date: January 2009
- Motivation Behind the Round: To kickstart the company and develop its initial data governance platform.
- Series A
- Amount Raised: $1,000,000
- Date: April 2012
- Motivation Behind the Round: To expand the team and accelerate product development.
- Series B
- Amount Raised: $23,000,000
- Date: September 2015
- Lead Investors: Index Ventures, Dawn Capital
- Motivation Behind the Round: To develop additional automation functionalities and expand sales and marketing efforts, including relocating headquarters to New York.
- Series C
- Amount Raised: $50,000,000
- Date: January 2017
- Lead Investors: ICONIQ Capital
- Motivation Behind the Round: To expand Collibra's business in helping companies verify and manage their data, ensuring data reliability and compliance with various regulations.
- Series D
- Amount Raised: $58,000,000
- Date: December 2017
- Lead Investors: ICONIQ Capital, Battery Ventures
- Motivation Behind the Round: To scale operations and enhance the platform's capabilities in data governance and AI.
- Series E
- Amount Raised: $100,000,000
- Date: January 2019
- Lead Investors: CapitalG (Alphabet's Growth Equity Fund)
- Valuation at Round: $1 billion
- Motivation Behind the Round: To further expand globally and invest in AI-driven data governance solutions.
- Series F
- Amount Raised: $112,500,000
- Date: April 2020
- Motivation Behind the Round: To strengthen the company's market position and accelerate product innovation.
Total Amount Raised: $345,700,000
Current Valuation: $1 billion
Key Investors
- ICONIQ Capital
- Details: ICONIQ Capital is a firm that acts both as an investment fund and family office for high-profile tech figures like Mark Zuckerberg, Sheryl Sandberg, Reid Hoffman, and Jack Dorsey.
- Investment Focus Areas: Technology, enterprise software, family office management for tech figures.
- Notable Investments: Adyen, Snowflake, Uber.
- Battery Ventures
- Details: Battery Ventures is a venture capital firm that invests in technology and innovation across various sectors. Founded in 1983, it has a long history of supporting companies from early-stage to growth and buyout.
- Investment Focus Areas: Software, industrial technology, consumer technology.
- Notable Investments: Nutanix, Coupa, Glassdoor.
- Dawn Capital
- Details: Dawn Capital is a venture capital firm that focuses on enterprise software and fintech companies. It is known for its deep expertise in the B2B software space.
- Investment Focus Areas: Enterprise software, fintech, SaaS.
- Notable Investments: iZettle, Mimecast, Tink.
- Index Ventures
- Details: Index Ventures is a global venture capital firm that invests in technology-enabled companies. It has a strong track record of backing successful startups.
- Investment Focus Areas: Software, e-commerce, financial services.
- Notable Investments: Dropbox, Slack, Robinhood.
- Newion Investments
- Details: Newion Investments is a venture capital firm that invests in early-stage B2B software companies. It focuses on helping startups scale and succeed in the market.
- Investment Focus Areas: B2B software, SaaS, enterprise technology.
- Notable Investments: Collibra, L1NDA, CustomerGauge.
What's Next for Collibra?
Collibra stands at the cusp of significant opportunities, driven by the increasing importance of data governance and AI. With a broad range of products and services, the company is well-positioned to expand into new industries and markets, leveraging its strong presence in sectors like finance and healthcare. The growing need for data privacy and AI governance further amplifies the potential for Collibra to lead in this space.
Future fundraising opportunities seem promising, given the company's extensive product offerings and market reach. Investors are likely to be attracted by Collibra's focus on emerging trends and its ability to scale operations. However, challenges such as competition, evolving data regulations, and ensuring data security could pose hurdles. Navigating these challenges will be crucial for Collibra's sustained growth and market leadership.
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