Revefi Raises $20M Series A

Revefi, a Seattle, WA-based data ops automation startup, raised $20M in Series A funding.

The round was led by Icon Ventures, joined by Mayfield, GTM Capital, and StepStone Group.

The company intends to use the funds to scale engineering, product management, build out sales and marketing, and enhance customer success.

Founded in 2011 by Sanjay Agrawal and Shashank Gupta, Revefi is the creator of Raden, an AI data engineer that augments data teams with expertise in data architecture, observability, system performance, optimization and cost management. The solution enables businesses to optimize ROI on their data investments, reducing data spend, driving operational efficiencies and delivering results in just minutes.

The GenAI + AI powered platform provides automated solutions for complex data observability, data quality, FinOps and DataOps use cases.