Overview

Lightdash transforms dbt (data build tool) projects into comprehensive Business Intelligence (BI) platforms, catering to companies that depend on data analytics for decision-making. Its platform allows users to write metrics and enables self-service analytics, making it easier for data analysts and other team members to access and understand large datasets without needing extensive technical skills. This approach democratizes data access within organizations, empowering all employees to make informed, data-driven decisions. Lightdash operates on a subscription-based model, providing clients with access to features like metric writing, self-service analytics, and development tools such as the Lightdash CLI. The company's goal is to simplify data analytics and enhance the ability of businesses to leverage their data effectively.

Simplify's Take

What believers are saying

• Raised $11M Series A to enhance open-source self-serve data analytics platform.
• Integration with AI tools aligns with growing trend for automated data insights.
• Cloud-based BI solutions meet demand for scalable, flexible data management.

What critics are saying

• Faces competition from established BI platforms like Looker, affecting pricing and acquisition.
• Open-source model may expose Lightdash to code vulnerabilities and security issues.
• Limited charting options could hinder user experience and customer retention.

What makes Lightdash unique

• Transforms dbt projects into comprehensive BI platforms for data-driven decisions.
• Offers self-service analytics, democratizing data access across organizations.
• Subscription model with additional revenue from services and support.

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Funding

Total Funding

$19.4M

Meets

Industry Average

Funded Over

3 Rounds

Notable Investors:

AccelY Combinator

Notable Investors:

AccelY Combinator

$11,000,000

Series A

Oct 2024

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

Below Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8.2M

$11M

$15M

$30M

View all funding stages