Revefi, a Seattle, Washington-based AI startup that aims to be a "copilot" for enterprise data teams, secured $10.5 million in a seed round.
The company also announced today that it launched an AI-powered enterprise data platform called the Data Operations Cloud.
The round was led by Mayfield Managing Partner Navin Chaddha, with participation from GTMfund, Neythri Futures Fund, and more than 10 other strategic investors.
Founded in 2021 by Sanjay Agrawal and Shashank Gupta, Revefi is a zero-touch platform to monitor and manage data quality, performance, and costs. Revefi’s platform uses AI to complement human knowledge, reflecting the co-founders’ belief in the symbiotic relationship between technology and human expertise. Their go-to-market strategy is built for adoption and aims to be low-friction, highly engaging, and extremely disruptive. The company’s AI-powered technology is designed to optimize data management processes, with a focus on reducing costs and boosting efficiency.
Company: Revefi, Inc.
Round: Seed Round
Funding Month: September 2023
Lead Investors: Navin Chaddha
Additional Investors: GTMfund, Neythri Futures Fund
Company Website: https://www.revefi.com/
Software Category: AI-powered Enterprise Data Platform