Is a
Funding Round attributes
Funding Type
Funded Company
Funding Round Amount (USD)
20,000,000
Announcement URL
Funding Round Date
September 4, 2024
Revefi, an AI data engineering company, has raised $20 million in Series A funding, led by Icon Ventures with participation from Mayfield, GTM Capital, and StepStone Group. The funding will support the launch of Raden, the world’s first AI data engineer powered by GenAI, which enhances data teams' efficiency by improving data quality, observability, and cost management. Raden aims to deliver quick results, reducing customer data spend by 50% and boosting operational efficiency by tenfold. The funds will also be used to scale engineering, product management, and sales efforts.
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