Revefi Secures $10.5 Million in Seed Round

by Kay Aloha Villamor in September 29th, 2023

Revefi, a Seattle, Washington-based AI startup that aims to be a "copilot" for enterprise data teams, secured $10.5 million in a seed round.

The company also announced today that it launched an AI-powered enterprise data platform called the Data Operations Cloud.

SaaS Investors

The round was led by Mayfield Managing Partner Navin Chaddha, with participation from GTMfund, Neythri Futures Fund, and more than 10 other strategic investors.

About Revefi

Founded in 2021 by Sanjay Agrawal and Shashank Gupta, Revefi is a zero-touch platform to monitor and manage data quality, performance, and costs. Revefi’s platform uses AI to complement human knowledge, reflecting the co-founders’ belief in the symbiotic relationship between technology and human expertise. Their go-to-market strategy is built for adoption and aims to be low-friction, highly engaging, and extremely disruptive. The company’s AI-powered technology is designed to optimize data management processes, with a focus on reducing costs and boosting efficiency. 

Funding Details

Company: Revefi, Inc.

Raised: $10.5M

Round: Seed Round

Funding Month: September 2023

Lead Investors: Navin Chaddha

Additional Investors: GTMfund, Neythri Futures Fund

Company Website: https://www.revefi.com/ 

Software Category: AI-powered Enterprise Data Platform

Source: https://venturebeat.com/data-infrastructure/revefi-secures-10-5m-in-seed-funding-launches-ai-powered-enterprise-data-platform/

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