French-founded “platform for Everyday AI” Dataiku has raised $200 million in a Series F funding round, at a $3.7 billion valuation. In line with a number of down rounds seen this year, this new valuation is down from the $4.6 billion valuation the company achieved during a $400 million in a Series E round led by Tiger Global announced in August of 2021.
Datatiku’s fresh $200 million round is led by new investor Wellington Management and brings the company’s total funding to approximately $850 million. Alongside Tiger Global, existing backers of the company include ICONIQ Growth, CapitalG, FirstMark Capital, Battery Ventures, Snowflake Ventures, and Dawn Capital. New investors include Insight Partners, Eurazeo, Lightrock, and Datadog CEO Olivier Pomel. The new round is expected to help the company further accelerate its product offering