[SERIE F] Daitaiku the startup that was only worth $3.7 billion

It is one of the star startups in artificial intelligence and data, with nearly $850 million raised since then. his creation800 employees around the world, a ARR $150 million from a portfolio of over 500 clients, despite Dataiku, which is according to SEC filings seeking $275 million, would only close a Series F of $200 million dollars, with a valuation down by just over a quarter from 4.7 billion to 3.7 billion dollars.

This is of course a fairly strong market signal, and which testifies to the aridity of the situation of startups currently seeking funding. Dataiku maintains its commercial objectives and has not so far initiated any redundancy plan unlike its competitors such as DATAROBOT. This series F is led by a new shareholder with Wellington Management.

Founded in 2013 by Marc Batty, Thomas Cabrol, Florian Douetteau and Clément Stenac, Dataiku has developed Data Science Studio, a platform whose objective is to make the development of a predictive application more productive and efficient. From their data, companies can in particular predict the customers who have the highest probability of leaving, or even optimize the content of a website by determining the route of visitors in advance.

This platform thus allows companies of all sizes and in all sectors (distribution, e-commerce, health, finance, transport, public sector, etc.) to rethink their activities thanks to artificial intelligence and find new answers to their problems. marketing optimization, predictive maintenance or even fraud detection. “Many talk about digital transformation at company level, we are convinced that this revolution is played out at the level of individuals and their ability to appropriate these technologies. We have been working in this direction since the beginning, convinced that access to data, collaboration between profiles and education are the keys to a massive adoption of artificial intelligence at the heart of the company.», explains Florian Douetteau, co-founder and CEO of Dataiku.

Founded in Paris, Dataiku relocated to New York at the end of 2016, by which time it had completed a financing round of 14 million dollars. Dataiku claims more than 200 customers, including General Electric, Unilever, Sephora, AccorHotels and even BNP Paribas. In the predictive analytics solutions market, Dataiku faces a multi-faceted competition. Thus, IBM, MicrosoftSAP and Alteryx have developed tools to help companies get to know their consumers better from their data.

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[SERIE F] Daitaiku the startup that was only worth $3.7 billion

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