Hevo Data, the San Francisco and Bengaluru-based SaaS startup focused on data management, has raised $30 million in a Series B round of funding led by Sequoia Capital India.
The other investors who participated in this round include Qualgro, Lachy Groom, Chiratae Ventures, and angel investors.
Hevo plans to use this funding round towards sales, and marketing initiatives, product development, and the hiring of teams in the US and Europe.
Company: Hevo Data, Inc.
Round: Series B
Funding Month: December 2021
Lead Investors: Sequoia Capital India
Additional Investors: Qualgro, Lachy Groom, and Chiratae Ventures
Company Website: https://hevodata.com/
Software Category: Automated unified data platform
About the Company: Founded in 2017 by Manish and Sourabh Agarwal, Hevo is an Automated Unified Data Platform that helps companies understand their users and customers better. Hevo's no-code platform operated on a self-serve technology that can take data from disparate sources and provide a unified view. Using Hevo, companies can build a 360-degree view of their customers by combining data from multiple disparate data sources and applications including sales CRM, advertising channels, marketing tech, financial system software, and customer support products. Hevo has customers across 40-plus countries in the United States, Europe, and APAC regions. The startup claimed that it has grown its customer base by 5x and plans to add more features to its technology platform.