Unstructured raises $40M in a Series B funding led by Menlo Ventures, Databricks Ventures, IBM Ventures, and NVIDIA to make enterprise data LLM-ready.
Amount Raised
$40 Million
Round Type
Series B
Investors
Description
Unstructured announced a $40 million Series B funding round led by Menlo Ventures, with participation from Databricks Ventures, IBM Ventures, Sacramento Kings Chairman Vivek Ranadivé, Datastax CEO Chet Kapoor, Allison Pickens of the New Normal Fund, and NVentures. This investment brings the company’s total capital raised to $65 million and will be used to grow its team and accelerate the development of data preprocessing tooling for large language models (LLMs).
Quick answer
Unstructured raised $40 Million in a Series B round, dated March 14, 2024. Investors: Bain Capital Ventures, Mango Capital, Madrona, N Ventures, Allison Pickens Of The New Normal Fund, Datastax CEO Chet Kapoor, Sacramento Kings Chairman Vivek Ranadivé and Nvidia. Unstructured is based in Loomis, California, United States.
- How much did Unstructured raise?
- Unstructured raised $40 Million in a Series B round on March 14, 2024.
- Who invested in Unstructured?
- Bain Capital Ventures, Mango Capital, Madrona, N Ventures, Allison Pickens Of The New Normal Fund, Datastax CEO Chet Kapoor, Sacramento Kings Chairman Vivek Ranadivé and Nvidia are named as investors in this round.
- What does Unstructured do?
- Unstructured is a leading provider of LLM data preprocessing solutions, empowering organizations to transform their internal unstructured data into formats compatible with large language models.
- Where is Unstructured based and how big is it?
- Unstructured is based in Loomis, California, United States.
- Who are the decision-makers at Unstructured?
- Fundz holds 1 contact at Unstructured. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Software around the same time
Companies in the same sectors as Unstructured that raised within 45 days of this round, from Fundz verified event records.
- OpenDelta raised $2.1M (Pre-Seed) on April 26, 2024.
- NOQX raised $200K (Pre-Seed) on April 26, 2024.
- Clueso raised $1.4M (Seed) on April 26, 2024.
- Movement Labs raised $38M (Series A) on April 25, 2024.
- Q4 raised an undisclosed amount (Debt Financing) on April 25, 2024.
- Agilitas Energy raised $100M (Debt Financing) on April 25, 2024.
Who to call at Unstructured, and when
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- An alert the day Unstructured raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Unstructured, from your own LinkedIn network
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