DataCebo Raises $8.5 Million in Seed Round

by Kay Aloha Villamor in December 8th, 2023

DataCebo, a Boston, MA-based generative AI startup, raised $8.5 million in seed funding and has launched SDV Enterprise, a commercial version of its popular open-source product Synthetic Data Vault (SDV).   

SaaS Investors  

The round was co-led by Link Ventures and Zetta Venture Partners. Uncorrelated Ventures also participated.   

Link Ventures is a venture capital firm investing in early-stage direct-to-consumer companies. Founded in 2006, and is based in Cambridge, Massachusetts, the firm seeks to invest in internet and technology companies.  

Founded in 2013, Zetta Venture Partners is a venture capital investment firm based in San Francisco, California. The firm prefers to invest in pre-seed and seed-stage companies operating in the artificial intelligence and business-to-business sectors across North America and Europe.  

DataCebo Use of Funds  

The company plans to use the funding to advance its product and to build a go-to-market team.  

About DataCebo  

Founded by Kalyan Veeramachaneni and Neha Patki, DataCebo develops synthetic data libraries to generate data for simulations. It also offers multiple machine-learning models, benchmarking, and evaluation frameworks to help businesses incorporate synthetic data into their workflows. DataCebo lets developers easily build, deploy, and manage sophisticated generative AI models for enterprise-grade applications when real data is limited or unavailable. It was founded in 2020 and is based in Weston, Massachusetts.  

Funding Details         

Company: DataCebo, Inc.  

Raised: $8.5M            

Round: Seed Round   

Funding Month: December 2023             

Lead Investors: Link Ventures and Zetta Venture Partners  

Additional Investors: Uncorrelated Ventures  

Company Website:   

Software Category: Synthetic Data  




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