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Keboola, Data Operations Supercharger, raises $32M Series A

Keboola, a self-service data operations platform, has raised USD $32 million in a Series A funding round, led by the private equity business of Viking Global Investors. Keboola’s mission is to connect and integrate all company data in one end-to-end Data Stack as a Service. This new approach to the Data Stack puts customers in full control of their data with a single platform.

The significant funding builds on a USD $5 million Seed round closed in 2022. As of November 2023, the $32M investment marks the biggest Series A round in the CEE (Central and Eastern Europe) region in 2023. 

“This investment will help Keboola accelerate our strategic growth as we expand in the European and the UK markets and position for US expansion in 2024,” says Pavel Dolezal, Keboola’s CEO. “We have been gratified by the feedback we’ve received from our clients who feel they now have full control of their data and processes in ways they didn’t before, and have been encouraged that many customers have found Keboola useful across business AI initiatives, which we expect to continue to drive demand for our platform.” 

Managed and governed data are critical to empowering users with any type of data task – from a simple self-service workflow orchestration all the way to complex AI industrialisation projects. Customers can connect, transform, and automate their data with Keboola’s proprietary technologies, adding efficiency, reducing costs, and enabling technologists to focus on the highest-value work.

European retail unicorn Rohlik Group (known as Knuspr in Germany) built its whole data infrastructure on Keboola, where the platform provides enough leverage and automation for 1 million deliveries per day to be managed by a data team of only thirty people.

“Our entire data stack relies on Keboola. The simplicity it provides enables us to roll out data quickly across the company and empower users to make better business decisions,” says Tomas Cupr, CEO of Rohlik Group. Other notable customers include Publicis Groupe, Deloitte, Erste Group, BNP Paribas, or Allegro. A good example of Keboola’s added value is an American restaurant chain Firehouse Subs, which supports all data needs of 1,200+ franchises through Keboola, saving thousands of hours in the process. 

Data teams love that Keboola has been built with the end user in mind. It is widely used as a learning solution to introduce new people to the world of data, creating a legion of followers who fell in love with Keboola early in their careers and continue to rely on the platform to tackle their data challenges.

All previous investment firms and angel investors are joining the round, including Presto Ventures, Reflex Capital, TCF Capital, and prominent angel investors like Eduard Kucera and others.