Dropbase, a San Francisco, CA-based collaborative data import and data management platform that helps teams import, clean, and manage data from customers and partners, announced that it raised $1.75 million in funding.
The round was led by Gradient Ventures (Google’s AI-focused venture fund), with participation from Y Combinator, Liquid 2 Ventures, Bragiel Brothers, Unpopular Ventures, and a group of angel investors.
Dropbase plans to use the funds to improve its data platform capabilities and close the gap between spreadsheets and analytical databases.
This funding helps the company in establishing Dropbase as a data platform that will allow expanding businesses to automate data imports, data validation, and data sharing. Dropbase plans to expand the product into an end-to-end platform for data imports, data management, and data exchanges for both internal and external use cases.
Company: Castodia, Inc.
Raised: $1.75M
Round: Unknown
Funding Month: Aug 2022
Lead Investors: Gradient Ventures
Additional Investors: Y Combinator, Liquid 2 Ventures, Bragiel Brothers, Unpopular Ventures
Company Website: https://www.dropbase.io/
Software Category: Collaborative Data Import and Data Management platform
About the Company: Founded in 2019 by Jimmy Chan and Ayazhan Zhakhan, Dropbase is a collaborative data import and data management platform. Dropbase helps companies import, validate, and manage all their data from CSV and Excel files inside cloud databases optimized to handle large amounts of data, with no technical help required. Dropbase's mission is to unleash data trapped in files or incompatible systems and automate data sharing.
Source: https://www.dropbase.io/post/we-raised-a-1-75m-round-led-by-gradient-ventures-to-help-companies-unlock-csv-excel-data-and-automate-data-sharing-between-incompatible-systems