Crux Informatics

Crux Informatics

Cloud-based data integration and operations platform

About Crux Informatics

Simplify's Rating
Why Crux Informatics is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

51-200

Company Stage

Series B

Total Funding

$142M

Headquarters

New York City, New York

Founded

2017

Overview

Crux Informatics provides a cloud-based platform for data integration and operations, primarily serving Fortune 500 financial companies. The platform simplifies data ingestion from various sources, allowing clients to build data pipelines quickly and focus on higher-value tasks. It offers features like automatic schema detection and a private catalog of linked data products to enhance data discoverability. The company's goal is to meet customer data needs and accelerate access to analytics-ready datasets.

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Simplify's Take

What believers are saying

  • Crux raised $50M to accelerate roadmap development and marketing efforts.
  • The launch of Crux Data Protect and Crux Wrangle enhances data quality and transformation capabilities.
  • Partnership with Danel Capital integrates AI-driven analytics with Crux's data delivery platform.

What critics are saying

  • Increased competition from emerging data integration platforms could erode Crux's market share.
  • Rapid technological advancements may outpace Crux's current capabilities, requiring continuous R&D investment.
  • Dependence on major financial backers poses a risk if they withdraw support.

What makes Crux Informatics unique

  • Crux automates data pipeline development, reducing operational burdens for clients.
  • The platform offers automatic schema detection and delivery schedule inference.
  • Crux provides a private catalog of linked and matched data products for enhanced discoverability.

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Funding

Total Funding

$142M

Above

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$50M
Crux Informatics
$65M
Substack
$100M
ClickUp

Growth & Insights and Company News

Headcount

6 month growth

-7%

1 year growth

-7%

2 year growth

-3%
PR Newswire
Jan 24th, 2023
Crux Reports $75M in Bookings, Secures $50M in Funding to Accelerate Roadmap Development and Sales and Marketing

/PRNewswire/ -- Crux, an end-to-end data integration, transformation, and observability solution, has disrupted the external data integration space with...

Crux Data
Sep 20th, 2022
Crux Welcomes Gregg Holzrichter as Chief Marketing Officer

Gregg joins Crux to build up a world-class B2B marketing engine.

PR Newswire
Jul 12th, 2022
Crux Informatics Inc. received award Google Cloud Customer Award on Jan 1st 21'.

Crux was awarded a Google Cloud Customer Award in 2021 in the Cross-Industry category.

MarTech Series
Apr 21st, 2022
Upcoming Crux Data Sustainability Summit To Highlight Solutions For Integrating Esg Data

Must-attend virtual event for finance and data executives features speakers from leading companies like AWS, Goldman Sachs, Google Cloud, and Snowflake Crux, the leading provider of external data integration solutions, announced that it will host the Data Sustainability Summit starting Tuesday, April 26, continuing through Wednesday, April 27, both days in a virtual format. A [] The post Upcoming Crux Data Sustainability Summit to Highlight Solutions for Integrating ESG Data appeared first on MarTech Series.

Crux Informatics
Sep 28th, 2021
Cruxinformatics hired Dan Lynn as Senior Vice President of Product on Sep 28th 21'.

Crux Informatics (Crux), the end-to-end platform for external data integration and operations, today announced that veteran product leader Dan Lynn has joined the team as Senior Vice President of Product.

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