American “DataRobot” with offices in Ukraine raised $ 300 million at an estimate of $6,3 billion

Friday, August 27, 2021
American “DataRobot” with offices in Ukraine raised $ 300 million at an estimate of $6,3 billion

The American company "DataRobot", which develops AI-service for data analysis, announced a round of G in the amount of 300 million. The company's valuation in this round was $6,3 billion. It has several offices in Ukraine

The Boston-based company is working on an AI platform that automates data collection and analysis for corporate clients. In the previous round, in November 2020, she raised an F round of $270 million, and before that - an E round of $206 million. Since the last round, her valuation has doubled to $6,3 billion.
The leading investors of this round were funds that had already invested in the company: Altimeter Capital and Tiger Global, Counterpoint Global (Morgan Stanley), Franklin Templeton, ServiceNow Ventures, and Sutter Hill Ventures joined them.
The investment will go towards product development as well as recruiting for the marketing team in North America, EMEA, Asia Pacific, and Japan.
The company has offices in Ukraine: in Kyiv, Lviv, Odesa, Kharkiv, and Khmelnytskyi. As of today, 40 vacancies are open in DataRobot's Ukrainian offices (in terms of the number of open vacancies, the Ukrainian office is the second after the American one).
Founded in 2012 in Boston, DataRobot is working on a platform that already has hundreds of open-source machine learning algorithms. It allows enterprise users to download their data, select target variables, and then DataRobot “automates, trains, and evaluates” a variety of predictive models.

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