Validio, a Stockholm, Sweden-based SaaS company that offers a cloud-based solution for enterprise customers for real-time validation, monitoring, and cleaning of big data, raised $15 million in seed funding.
The round was led by Lakestar, with participation from J12 and a list of renowned angel investors with operational experience building global data infrastructure leaders such as Denise Persson (CMO at Snowflake) Kevin Ryan (Co-founder at MongoDB), Emil Eifrem (CEO & Co-founder at Neo4j) and Mehdi Ghissassi (Head of Product at Deepmind).
This seed round will enable Validio to rapidly build as a company: accelerating commercial expansion, product development, and R&D, as well as launching our next-generation data quality platform on various cloud marketplaces and continue onboarding more exceptional talent to the company.
The funding will also allow Validio to continue on our mission to eliminate bad data that is impacting companies and organizations of all size
Company: Validio AB
Round: Seed Round
Funding Month: June 2022
Lead Investors: Lakestar
Additional Investors: J12, Denise Persson, Kevin Ryan, Emil Eifrem, and Mehdi Ghissassi
Company Website: https://www.validio.io/
Software Category: Data Quality Validation and Monitoring
About the Company: Founded in 2019 and is based in Stockholm, Sweden, Validio is a SaaS company that offers a cloud-based solution for enterprise customers for real-time validation, monitoring, and cleaning of big data. The platform aims to help data teams eliminate bad data through monitoring, validation, and cleaning of data in real-time streams and batches. With Validio modern data teams can trust their data and be data-driven with confidence. Data quality validation and monitoring of real-time streams and batch data enabling proactive identification and mitigation of data quality issues. To ensure top-quality data, Validio uses state-of-the-art statistical methods and machine learning algorithms.