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DataRobot

DataRobot

DataRobot sells a machine learning platform that helps users build and deploy accurate predictive models. The Boston-based company was founded in 2012 by Jeremy Achin.

DataRobot is a company that sells software that helps companies to develop and deploy in-house AI models. DataRobot aims to automate many aspects of the traditional job of data scientists, including all steps needed to prepare, build, deploy, monitor, and maintain AI applications. The concept is that customers can bring data and a business question to the DataRobot system and it will turn around accurate models for a given task. Examples include computer technology company Lenovo, which used DataRobot to estimate retail demand in Brazil and United Airlines, which used it to predict which passengers might gate-check bags.

DataRobot helps to accelerate business impact using AI. Stakeholders can utilize DataRobot’s AI platform and automated decision intelligence to collaborate in extracting business value from data. Users range from data scientists, business analysts, and IT teams responsible for governance and compliance, to business executives and analytics leaders who can derive business impact from the deployed models.

DataRobot states that since 2013, the company has incorporated more than 1.4 million hours of engineering innovation and data science best practices into their Automated Machine Learning product. As of May 2021, 2,466,388,638 models have been built on the DataRobot platform.

Timeline

July 27, 2021
DataRobot raises $300,000,000 in Series G funding round led by Altimeter Capital and Tiger Global and joined by Counterpoint Global (Morgan Stanley), Franklin Templeton, ServiceNow Ventures, and Sutter Hill Ventures.
July 27, 2021
DataRobot raises a $300,000,000 series G round.
December 9, 2020
DataRobot raises a $50,000,000 series F round from Hewlett Packard Enterprise, Salesforce Ventures and Snowflake Computing.
November 17, 2020
DataRobot raises $270M in Pre-IPO Funding.
November 17, 2020
DataRobot raises a $270,000,000 series F round from Altimeter Capital, B Capital Group, BlackRock, ClearBridge Investments, Glynn Capital Management, Sapphire Ventures, Silver Lake Partners, T. Rowe Price and Tiger Global Management.
September 17, 2019
DataRobot raises $206M Series E to bring AI to enterprise
September 2019
DataRobot raises a $206,000,000 series E round from Alliance Bernstein PCI, DFJ Growth, EDBI, Geodesic Capital, Intel Capital, Meritech Capital Partners, New Enterprise Associates, Sands Capital Ventures, Sapphire Ventures, Tiger Global Management and World Innovation Lab.
October 25, 2018
DataRobot raises a $99,999,925 series D round from DFJ, IA Ventures, Intel Capital, Meritech Capital Partners, New Enterprise Associates and Sapphire Ventures.
2018
DataRobot raises $100 million in Series D

DataRobot Celebrates that its customers have built one billion models on its Amazon Web Services (AWS) cloud platform, a major milestone in AI adoption.

July 27, 2017
DataRobot raises a $67,700,000 series C round from New Enterprise Associates.

Funding rounds

Patents

Products

People

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LinkedIn

Adam Dangoor

Employee

Alex Oppenheimer

Investor

Andrew Engel

Employee

Andrew Hall

Employee

Andrey Oleksiuk

Employee

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Further reading

Title
Author
Link
Type
Date

DataRobot Becomes A Unicorn By Selling AI Toolkits To Harried Data Scientists

Jillian D'Onfro

Web

September 17, 2019

Documentaries, videos and podcasts

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Companies

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News

Title
Author
Date
Publisher
Description
Ron Miller
September 10, 2021
TechCrunch
Just about every company is sitting on vast amounts of data, which they can use to their advantage if they can just learn how to harness it. Data is actually the fuel for machine learning models, and with the proper tools, businesses can learn to process this data and build models to help them compete [...]
FinSMEs
July 27, 2021
FinSMEs
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter FinSMEs.com by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Jeff Elder
May 25, 2021
Business Insider
The $2.8 billion artificial intelligence startup DataRobot hires a veteran chief financial officer, two months after naming a new CEO.
FinSMEs
May 12, 2021
FinSMEs
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter FinSMEs.com by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Ron Miller
May 11, 2021
TechCrunch
DataRobot, the Boston-based automated machine learning startup, had a bushel of announcements this morning as it expanded its platform to give technical and non-technical users alike something new. It also announced it has acquired Zepl, giving it an advanced development environment where data scientists can bring their own code to DataRobot. The two companies did [...]
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References

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