Overview

Metabase provides an open-source business intelligence tool that enables companies to analyze and visualize their data easily. The platform is designed for users who may not have extensive knowledge of SQL or complex data querying languages, allowing them to create dashboards, generate reports, and embed analytics into their applications without needing advanced technical skills. Metabase primarily serves small to medium-sized businesses and enterprises across various industries, including technology, finance, healthcare, and retail, helping them make data-driven decisions. The company operates on a freemium model, offering a basic version of its software for free while generating revenue through premium features, advanced analytics, priority support, and hosting services. This approach attracts a wide user base, with some users eventually opting for paid services as their data needs grow.

Simplify's Take

What believers are saying

• Growing demand for no-code platforms boosts Metabase's market potential.
• Data democratization trends favor open-source BI tools like Metabase.
• Remote work increases demand for Metabase's cloud-based BI solutions.

What critics are saying

• Competition from other open-source BI tools like Apache Superset is increasing.
• Security vulnerabilities in open-source software could affect user trust.
• Converting free users to paid subscribers remains a significant challenge.

What makes Metabase unique

• Metabase offers a user-friendly interface for non-technical users to analyze data.
• The platform is open-source, allowing customization and community-driven improvements.
• Metabase's freemium model attracts a broad user base, converting some to paid users.

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Funding

Total Funding

$37M

Below

Industry Average

Funded Over

2 Rounds

Notable Investors:

Insight PartnersNew Enterprise Associates

Notable Investors:

Insight PartnersNew Enterprise Associates

$30,000,000

Series B

Aug 2021

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

Below Average

Industry standards

Ind Avg. $35M

$4M

$30M

$30M

$45M

$65M

$100M

View all funding stages