Fundz

Observe Inc. raised $145M in a Series B funding round led by Evolution Equity Partners and Madrona Ventures to enhance its AI-powered observability product.

RECENTLY ACQUIREDSep 26, 2024

Amount Raised

$145 Million

Round Type

Series B

San MateoInformation TechnologySoftwareData And Analytics

Investors

Madrona VenturesEvolution Equity Partners

Description

Observe Inc. announced the closing of $145 million in Series B funding to support its project 'Voyager,' which introduces significant product updates including an AI Investigator. The funding aims to simplify observability tools for Engineering, DevOps, and SRE teams.

Quick answer

Observe raised $145 Million in a Series B round, dated September 26, 2024. Investors: Madrona Ventures and Evolution Equity Partners. Observe is based in San Mateo, California, United States.

How much did Observe raise?
Observe raised $145 Million in a Series B round on September 26, 2024.
Who invested in Observe?
Madrona Ventures and Evolution Equity Partners are named as investors in this round.
What does Observe do?
Observe is the SaaS observability company that has long believed that almost all businesses are data-rich and information poor.
Where is Observe based and how big is it?
Observe is based in San Mateo, California, United States. Fundz records about 233 employees.
Who are the decision-makers at Observe?
Fundz holds 1 contact at Observe. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Data And Analytics and Software around the same time

Companies in the same sectors as Observe that raised within 45 days of this round, from Fundz verified event records.

  • Health Catalyst raised $18M on November 8, 2024.
  • AURA Network Systems raised $1.8M (Seed) on November 8, 2024.
  • Crusoe raised $686M on November 6, 2024.
  • Blackbird.AI raised $12M on November 1, 2024.
  • Crusoe raised $500M (Funding Round) on October 31, 2024.
  • Cornerstone AI raised $5M (Series A) on October 30, 2024.

Who to call at Observe, and when

A new round usually means Observe is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Observe raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Observe, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Observe. With Fundz connected, it knows.

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Company Information

Company

Observe

Location

San Mateo, California, United States

About

Observe is the SaaS observability company that has long believed that almost all businesses are data-rich and information poor. Observe's vision is to turn the world's business data into information.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Observe raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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1 contact
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Observe raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.