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Announced

Completed

Insight Partners led a $213m Series C round in Astronomer.

Financials

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Transaction Value£161m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

United States

Venture Capital

Private Equity

Online and Social Platforms

Private

platform developer

Minority

Domestic

Completed

Single Bidder

Synopsis

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Insight Partners, a private equity firm, led a $213m Series C round in Astronomer, with participation from Meritech Capital, Salesforce Ventures, JP Morgan, K5 Global, Sutter Hill Ventures, Venrock and Sierra Ventures. "As companies of all sizes struggle to make sense of their data, data orchestration has become a competitive necessity. At the same time, data teams must be able to trust their data to effectively extract its value. By integrating Datakin's intuitive data lineage features with Astronomer, our customers are able to build faster, run with confidence and reduce their operational risks. We are excited to soon unveil what's next from our team, fueled by our Series C and the incredible support of our investors," Joe Otto, Astronomer CEO.

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