phData, Inc.
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phData, Inc. - overview
Established
2014
Location
Minneapolis, MN, US
Primary Industry
Software
About
Based in Minneapolis, US, and founded in 2014 by co-founders Mac Noland and Adam Fokken, phData, Inc. operates as a provider of data engineering, data strategy, and machine learning services to organizations across sectors like healthcare, finance, and retail. In December 2024, Gryphon Investors invested in phData, Inc. , as part of recapitalization.
As of 2024, the company is led by its CEO, Ryan Bosshart. phData specializes in providing comprehensive data engineering, data strategy, and machine learning services tailored to meet the needs of various industries, including healthcare, financial services, manufacturing, and retail. Their core offerings encompass end-to-end services that support the creation, operationalization, and enhancement of modern data applications and artificial intelligence solutions. phData assists organizations in executing on-premises-to-cloud and cloud-to-cloud data migrations, leveraging a flexible and specialized team to automate data infrastructure operations, and empowering clients to derive actionable insights from their data.
Notable clients include Thrive Pet Healthcare, which benefited from a unified Snowflake Data Cloud platform, enabling faster and more efficient data utilization. The company serves a global client base, focusing on markets across North America, Europe, and Asia, thereby addressing a wide array of business challenges through data-driven strategies. phData implements a transaction structure primarily based on service contracts and partnerships, emphasizing B2B engagements with organizations seeking data solutions. Clients typically engage with phData through subscription-based models for ongoing support and management of their data infrastructure, as well as project-based agreements for specific migration or integration services.
The company’s flagship offerings include its proprietary phData Toolkit, which supports seamless migrations and platform management. phData is focusing on launching new products designed to enhance their data solution offerings and is planning to expand into additional markets in Europe and Asia by late 2025.
Current Investors
Gryphon Investors
Primary Industry
Software
Sub Industries
Analytics & Performance Software
Website
www.phdata.io/
Verticals
Artificial Intelligence, Big Data, Cloud Computing
Company Stage
Mature
Total Amount Raised
Subscriber access only
phData, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | phData, Inc. | - |
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