Starschema Ltd.

Starschema Ltd. is a data engineering and analytics company that specializes in delivering innovative data solutions, enabling enterprises to modernize their data platforms and enhance decision-making processes. Founded in 2006 and headquartered in Budapest, Hungary, Starschema Ltd. focuses on data engineering services.

In January 2022, HCL Technologies Ltd. fully acquired the company from PortfoLion for USD 42. 50 mn, marking a significant strategic pivot in its operations. The acquisition was completed in March 2022.

The founder has a notable background in data solutions, contributing to the company’s innovative offerings. As of the latest deal, Starschema has engaged in 2 significant funding transactions. Starschema specializes in data engineering services, providing enterprises with advanced tools for modern data platform creation and management. Their offerings support real-time data analytics, enabling businesses to effectively harness vast data sets.

Key products include solutions for data quality assurance and integration of AI capabilities, serving a variety of sectors including healthcare, finance, and automotive across North America, Europe, and Asia-Pacific. In the most recent financial year, 2022, Starschema achieved a revenue of USD 17. 13 mn, with an EBITDA of USD 3. 33 mn, demonstrating its operational performance in the data engineering market.

Following its acquisition by HCL Technologies Ltd. , Starschema plans to expand its product portfolio and enhance its market presence. The funding from the acquisition will be utilized to accelerate the development of new data solutions and expand into new geographic markets by the end of 2023. This strategic move aims to position Starschema as a key player in the evolving data landscape.