Faros AI

Faros AI

AI-driven platform for engineering analytics

Overview

Faros AI provides a data analytics platform for engineering teams, offering a single-pane view of metrics like velocity, quality, and goals to measure productivity and quality. The platform consolidates all operational data in one place, enabling data-informed decisions and identification of systemic issues. It is API-first and extensible, allowing users to connect any data source, start with out-of-the-box modules and benchmarks, and customize analytics. Faros AI differentiates itself by focusing on engineering leaders with an all-in-one, highly flexible data integration and analytics solution, rather than relying on disparate tools or gut-driven decisions. The company's goal is to help engineering teams improve efficiency and productivity by providing actionable, centralized insights through a unified platform.

About Faros AI

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Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Series A

Total Funding

$39.8M

Headquarters

California

Founded

2019

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Funding

Total Funding

$39.8M

Above

Industry Average

Funded Over

3 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$20M
Faros AI
$30M
Kalshi

Growth & Insights and Company News

Headcount

6 month growth

-4%

1 year growth

-3%

2 year growth

0%
PinSystem
Jul 29th, 2023
Faros AI raises $16M to shine a light on developer productivity, launches free open source platform

Faros AI today announced it has raised $16 million in seed funding led by SignalFire, Salesforce Ventures and Global Founders Capital with participation from seasoned tech luminaries including Maynard Webb, Frederic Kerrest, Adam Gross, and more.

Faros
Jun 28th, 2023
Announcing Our $20M Series-A Funding

I am delighted to announce that we have raised $20M in Series-A financing, led by one of the most successful VC investors in Silicon Valley and the first board member in iconic companies like Gitlab, Splunk, Fastly, and Bill.com, David Hornik of Lobby Capital...

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