Windfall has successfully raised $30 million over two funding rounds, with its latest round being a Series A in March 2021. The platform leverages AI to provide a 360-degree view of databases, enabling data-driven organizations to accelerate workflows and drive better performance.
Keep reading to explore the intricacies of Windfall's fundraising journey and the investors backing this innovative platform.
What Is Windfall?
Founded in 2016, Windfall is based in San Francisco and specializes in providing contextual analytics for data-driven organizations. The company leverages AI to offer a 360-degree view of databases, helping organizations make strategic decisions and improve performance.
Windfall was founded by Daniel Stevens, Cory Tucker, and Arup Banerjee. The platform is trusted by over 1,000 organizations and is actively expanding its market presence.
With a team of 51-200 employees, Windfall continues to drive innovation in modern wealth intelligence, enabling organizations to accelerate workflows and achieve better outcomes.
How Much Funding Has Windfall Raised?
- Seed Funding Round
- Amount Raised: $9 million
- Date: August 22, 2019
- Lead Investors: Bullpen Capital
- Motivation Behind the Round: To build a global source of consumer financial data that is more accurate and versatile than existing options.
- Series A Funding Round
- Amount Raised: $21 million
- Date: March 31, 2021
- Lead Investors: En Pointe
- Motivation Behind the Round: To invest in R&D, expand the team, and scale sales and marketing operations.
Windfall has raised a total of $30 million in funding.
Key Investors
- En Pointe
- Details: En Pointe is a venture capital firm that led Windfall's Series A funding round. The firm is known for investing in companies that have the potential to disrupt large markets.
- Investment Focus Areas: Technology, consumer financial data, market disruptors
- Notable Investments: Not specified
- Bullpen Capital
- Details: Bullpen Capital is a venture capital firm that focuses on post-seed stage investments. They led Windfall's seed funding round.
- Investment Focus Areas: Post-seed stage, technology, data-driven companies
- Notable Investments: Not specified
- Bonfire Ventures
- Details: Bonfire Ventures is a venture capital firm that invests in early-stage enterprise software companies. They participated in both Windfall's seed and Series A funding rounds.
- Investment Focus Areas: Enterprise software, early-stage, technology
- Notable Investments: Not specified
- Cherubic Ventures
- Details: Cherubic Ventures is a venture capital firm that invests in early-stage technology startups. They have been an existing investor in Windfall.
- Investment Focus Areas: Early-stage, technology, startups
- Notable Investments: Not specified
- ValueStream Ventures
- Details: ValueStream Ventures is a venture capital firm that focuses on data-driven companies. They participated in both Windfall's seed and Series A funding rounds.
- Investment Focus Areas: Data-driven companies, technology, early-stage
- Notable Investments: Not specified
What's Next for Windfall?
Windfall's future is brimming with opportunities. With a $21 million Series A funding round, the company is poised to invest heavily in R&D, expand its team, and scale sales and marketing operations. The integration with over 300 platforms like Salesforce and HubSpot opens doors to a vast market, enhancing its ability to provide precise financial insights to a growing customer base.
As the demand for data-driven decision-making and contextual analytics continues to rise, Windfall is well-positioned for future fundraising rounds. The company's impressive 3.0x year-over-year growth rate and expanding market presence make it an attractive prospect for investors. However, challenges such as competition in the consumer financial data market and maintaining data accuracy will require strategic navigation.
Use Clay to Get Funding Data
Sales professionals, take your strategy to the next level by leveraging Clay's platform to access comprehensive fundraising data on companies like Windfall and gather other critical business insights.
Sign up for free on Clay and start making data-driven decisions today.
