Fundz

Revefi raised $20M in a Series A funding round led by Icon Ventures to launch Raden, the world’s first AI data engineer.

PRIVATESep 04, 2024

Amount Raised

$20 Million

Round Type

Series A

RedmondSoftwareArtificial IntelligenceAnalytics

Investors

Step Stone GroupGTM CapitalMayfieldIcon Ventures

Description

Revefi has secured $20 million in Series A financing to support the launch of Raden, an innovative AI data engineer. The funding will also be used to scale engineering, product management, and enhance customer success.

Quick answer

Revefi raised $20 Million in a Series A round, dated September 4, 2024. Investors: Step Stone Group, GTM Capital, Mayfield and Icon Ventures. Revefi is based in Redmond, Washington, United States.

How much did Revefi raise?
Revefi raised $20 Million in a Series A round on September 4, 2024.
Who invested in Revefi?
Step Stone Group, GTM Capital, Mayfield and Icon Ventures are named as investors in this round.
What does Revefi do?
Revefi is the creator of Raden, the world’s first AI data engineer.
Where is Revefi based and how big is it?
Revefi is based in Redmond, Washington, United States.
Who are the decision-makers at Revefi?
Fundz holds 1 contact at Revefi. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Analytics and Software around the same time

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

  • Onesurance raised an undisclosed amount (Seed) on October 17, 2024.
  • Enlitic raised $950K (Seed) on October 16, 2024.
  • Simbe Robotics raised $48M on October 15, 2024.
  • Vectorize raised $3.6M (Seed) on October 8, 2024.
  • Beeline Holdings raised $56M on October 7, 2024.
  • Anyformat raised $570K (Pre-Seed) on October 7, 2024.

Who to call at Revefi, and when

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

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

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Company Information

Company

Revefi

Location

Redmond, Washington, United States

About

Revefi is the creator of Raden, the world’s first AI data engineer. Raden augments data teams with expertise in data architecture, observability, system performance, optimization and cost management. With an automation-first, zero-touch and no-data-access approach, Revefi enables businesses to maximize ROI on their data investments, reducing data spend, driving 10x operational efficiencies and delivering results in just five minutes. Founded in 2021 by data experts and ThoughtSpot co-founders Sanjay Agrawal and Shashank Gupta, Revefi’s GenAI + AI powered platform provides automated solutions for complex data observability, data quality, FinOps and DataOps use cases.

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

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

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Revefi 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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