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Announced

Completed

Altimeter Capital and Tiger Global led a $300m Series G funding round in DataRobot.

Financials

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Transaction Value£216m
Consideration TypeCash
Capital Owned-
Capital Bid For5%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Cross Border

Auto Technology

enterprise AI

United States

Private Equity

Completed

Minority

Venture Capital

Friendly

Acquisition

artificial intelligence

Synopsis

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Two investment firms Altimeter Capital and Tiger Global led a $300m Series G funding round in DataRobot, am augmented intelligence platform, delivering trusted AI technology and ROI enablement services. Additional investors include Counterpoint Global, Franklin Templeton, ServiceNow Ventures, and Sutter Hill Ventures. “This new investment further validates our vision for combining the best that humans and machines have to offer in order to power predictive insights, enhanced data-driven decisions, and unprecedented business value for our customers. DataRobot is seeing more customers across the globe choose our platform to solve their biggest challenges at scale. We are grateful to have the continued support of Altimeter, Tiger, and other world-class investors as we continue to increase our innovation lead during the next phase of our company’s growth," Dan Wright, DataRobot CEO.

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