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Codified Secures $4 Million in Seed Funding to Modernize Data Governance

Feb 27, 2024almost 2 years ago

Amount Raised

$4 Million

Round Type

seed

SeattleInformation Technology

Investors

Shireesh ThotaJg ChriapurathBob MugliaSoma CapitalVine VenturesMadrona Ventures

Description

Codified, a Generative AI-powered Data Governance startup, announced today $4M in seed funding. This seed round was co-led by Madrona Ventures and Vine Ventures with participation from Soma Capital and angel investors Bob Muglia, JG Chriapurath, and Shireesh Thota.

Company Information

Company

Codified

Location

999 Third Avenue, 33rd Floor

Seattle, Washington, United States

About

Codified is a modern AI-powered policy-driven data governance platform. With Codified, governance is as simple as writing "Support Engineers can access customer data only when a support ticket is assigned to them". Codified comes with built in with a data catalog, policy engine and a workflow manager. Customers get an agile, streamlined data governance solution which reduces operational costs, increases productivity and improves security.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers