Unravel Data Systems, Inc.

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Unravel Data Systems, Inc. - overview

Established

2013

Location

Palo Alto, CA, US

Primary Industry

Software

About

Unravel Data Systems, Inc. specializes in data observability and management, offering an AI-native platform that enhances data operations for cloud environments, ensuring efficiency and cost optimization for businesses. Founded in 2013, Unravel Data Systems, Inc. is headquartered in Palo Alto, US, and focuses on providing data observability solutions.


The company has closed six funding deals, with the most recent being a Series D round in September 2022, raising USD 35. 765 mn led by Third Point Ventures, along with participation from Bridge Bank and other investors. CEO Kunal Agarwal leads the company, which was co-founded by Cassandra Solomon, Diego Vázquez-Vela, Kunal Agarwal, and Shivnath Babu. Unravel Data offers a sophisticated Data Observability Platform designed to enhance data management and optimization for cloud-based data environments.


Their primary product is an AI-native platform that automates data observability and FinOps, enabling companies to detect, fix, and prevent data issues across various data applications and pipelines. The platform integrates seamlessly with popular data services, including Snowflake, Databricks, Google Cloud BigQuery, and Amazon EMR, providing actionable insights and automated recommendations to optimize data operations. Unravel's solutions serve a diverse client base, ranging from enterprises to mid-sized companies across industries such as finance and technology, focusing on global markets including North America, Europe, and Asia-Pacific. Unravel Data generates revenue primarily through subscription-based services for its Data Observability Platform, targeting businesses that require advanced data management and cost optimization solutions.


Clients typically engage in annual or multi-year contracts, which provide access to the platform's comprehensive features, including automated cost savings and governance tools. The company's pricing structure is designed to accommodate a range of customer needs, encompassing various tiers based on usage, features, and integration capabilities. As part of its service offerings, Unravel Data includes flagship products that leverage AI to help organizations maximize the performance and reliability of their data applications. These transactions typically involve B2B relationships, where companies seek to enhance their data operational efficiency through Unravel's advanced technology solutions.


In September 2022, Unravel Data Systems, Inc. raised USD 35. 76 mn in Series D funding. The company plans to utilize this funding to expand its platform to integrate with prominent data ecosystems such as Databricks, Snowflake, Amazon EMR, BigQuery, and Dataproc.


Unravel Data is also exploring opportunities to enter new markets and geographic regions to broaden its client base and enhance its service offerings.


Current Investors

Menlo Ventures, Data Elite, Granite Asia

Primary Industry

Software

Sub Industries

Data Centers, Storage, Web Applications, Analytics & Performance Software, Application Integration Software, Content Management Software

Website

www.unraveldata.com

Verticals

Artificial Intelligence, Big Data

Company Stage

Series D

Total Amount Raised

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