Embeddable Raises €6 Million in Seed Round

by Kay Aloha Villamor in December 20th, 2024

Embeddable, a London, UK-based developer tool for building interactive, customer-facing analytics within software applications, has raised €6 million in a seed funding round. 

Investors 

The oversubscribed round was led by European VC firm OpenOcean, with participation from Four Rivers and TechStars, and backed by investors associated with MySQL, MariaDB, and Docker. 

OpenOcean is an early-stage venture capital firm investing in frontier technologies across Europe, with offices in London and Helsinki. Their mission is to invest in disruptive B2B platforms, including data infrastructure, AI, cybersecurity, next-generation software development, and enterprise automation, to build the backbone of the future data economy.   

Embeddable Use of Funds 

With this funding, Embeddable plans to expand its team, foster a developer community, and create a library of templates for tailored data visualization. 

About Embeddable 

Embeddable is a developer tool designed to build interactive, customer-facing analytics directly within software applications. Its platform uses a headless architecture, allowing developers to build customizable, interactive analytics dashboards. It also features a no-code interface for end-users to personalize their data views. Since launching its Private Beta in December 2023, Embeddable has signed contracts with 36 companies and grown its beta program to over 800 applications. 

Funding Details 

Company: TMD Technology Limited 

Raised: €6.0M 

Round: Seed Round 

Funding Date: December 2024 

Lead Investor: OpenOcean 

Additional Investors: Four Rivers, TechStars

Company Website: https://embeddable.com/  

Software Category: Embedded Analytics Solution 

Source: Daniel Harrington 

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