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Eventual raises $20M in Series A funding led by Felicis to expand its operations and development efforts.

Jun 24, 20256 months ago

Amount Raised

$20 Million

Round Type

series a

San FranciscoBig DataMachine LearningArtificial IntelligenceSoftwareAnalytics

Investors

CitiM12 VenturesFelicis

Description

Eventual, a San Francisco-based company building AI infrastructure for multimodal data, raised $20M in Series A funding. The round was led by Felicis with participation from M12 Ventures and Citi. The company intends to use the funds to expand operations and development efforts. Eventual has raised a total of $30M in funding.

Company Information

Company

Eventual

Location

San Francisco, California, United States

About

Eventual is a San Francisco-based company focused on developing AI infrastructure designed for multimodal data. The company is creating a data warehouse that facilitates traditional data engineering and analytics alongside modern machine learning and AI workloads. Their engine allows users to query large volumes of images and videos with simplicity. Eventual's open-source engine, Daft, is currently processing petabytes of multimodal data for several organizations.

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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
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech