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Prefect

Cloud platform for orchestrating data workflows

Overview

Prefect provides a cloud-based platform to automate, orchestrate, and monitor data workflows for developers, data engineers, and IT teams. Users define workflows and tasks in Prefect’s interface and deploy them to environments like Kubernetes or staging servers; the service handles scheduling, execution, and observability. It differentiates itself with a cloud-first orchestration layer, flexible deployment options, and a mix of free and predictable paid plans for production workloads and security needs. The goal is to make data workflow orchestration reliable, scalable, and accessible for teams of all sizes to automate data processing and AI workloads.

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About Prefect

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

Industries

Data & AnalyticsEnterprise SoftwareAI & Machine Learning

Company Size

51-200

Company Stage

Series B

Total Funding

$46M

Headquarters

Washington DC, District of Columbia

Founded

2018

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Simplify's take

What believers are saying

  • Prefect said July 2026 it operated profitably for the prior year.
  • FastMCP surpassed 92 million downloads in one month, expanding Prefect's AI distribution.
  • Dagster adds about 40 engineers and a stronger asset-based product for enterprise buyers.

What critics are saying

  • Apache Airflow 3 and Dagster still pressure Prefect's differentiation in 2026.
  • Prefect must integrate Dagster teams, roadmaps, and customers without product confusion by 2027.
  • Open-source users can fork value away if Prefect monetization outruns community trust.

What makes Prefect unique

  • Prefect combines Python-native execution, hybrid deployment, and FastMCP agent governance.
  • Prefect acquired Dagster Labs on July 13, 2026, uniting execution and asset modeling.
  • Prefect offers the lightest onboarding for dynamic workflows and agentic automation.

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Funding

Total Funding

$46M

Meets

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
Meet Average

Industry standards

$35M
$32M
$45M
$65M
$100M

Benefits

  • Remote Work Options
  • Flexible Work Hours
  • Equity Stock Options
  • 401(k) Company Match
  • 401(k) Retirement Plan
  • Unlimited Paid Time Off
  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Parental Leave
  • Life Insurance
  • Disability Insurance

Growth & Insights and Company News

6 month growth

-7%

1 year growth

-7%

2 year growth

-6%
Associated Press
Jul 13th, 2026
Prefect acquires Dagster to unite leading data orchestrators and govern AI agents

Prefect has acquired Dagster Labs, combining the two leading alternatives to Apache Airflow. The deal unites Prefect's workflow execution platform with Dagster's asset-based orchestration model, creating an integrated suite for data pipelines, machine learning operations, and AI agent infrastructure. Both products will maintain separate identities, open-source licences, and roadmaps. Dagster founders Nick Schrock and Pete Hunt will serve as strategic advisors. Pricing remains unchanged for both Prefect Cloud and Dagster+. The combined company will focus on agentic automation, upstream reliability, and flexible execution. Prefect's FastMCP protocol, which has been downloaded over 92 million times in the past month, serves as the default connection layer for AI agents. Prefect has operated profitably for the past year and will continue supporting both products long-term.

SciTech Today
Apr 17th, 2026
Kestra raises $25M Series A to power unified orchestration for the AI era.

Kestra raises $25M Series A to power unified orchestration for the AI era. Published on Apr 17, 2026 As seen on: Key takeaways. * Kestra secured a 25 million dollar Series A round led by RTP Global, bringing its total funding to about 36 million dollars. * The open-source orchestration platform now supports over 2 billion workflows annually and serves more than 30,000 organizations worldwide. * New capital will fund Kestra 2.0, real-time observability, agentic orchestration, and a managed cloud service for enterprise AI and data workloads. * Blue-chip users such as Apple, JPMorgan Chase, Toyota, Deutsche Telekom, BHP and Crédit Agricole already rely on Kestra for mission-critical workflows. Quick recap. Open-source orchestration platform Kestra has announced a 25 million dollar Series A funding round, led by RTP Global with participation from existing backers Alven, ISAI and Axeleo. The company disclosed the raise via an official press release and blog post, positioning the round as proof that orchestration is becoming its own core infrastructure category for data, AI and enterprise workflows. The financing lifts Kestra's total funding to roughly 36 million dollars and will accelerate its push to become the orchestration "control plane" for large enterprises. Building an orchestration control plane for AI workloads. Kestra provides a declarative, event-driven orchestration platform that lets engineers define complex workflows in YAML, unifying data pipelines, AI workflows, infrastructure automation and business processes in a single control plane. The company reports more than 26,000 GitHub stars and adoption across over 30,000 organizations, with enterprise revenue growing 25-fold in the last 18 months and over 2 billion workflows executed in 2025 alone. The 25 million dollar Series A, led by RTP Global, will fund the launch of Kestra 2.0, adding a distributed execution engine, real-time observability and more advanced "agentic" orchestration to better coordinate AI agents and microservices at scale. Capital will also back Kestra Cloud, a fully managed SaaS with usage-based pricing, and expansion of its plugin ecosystem, which already offers over 1,200 integrations for data stores, AI models and infrastructure tools. With reference customers including Apple, JPMorgan Chase, Toyota, Deutsche Telekom, BHP and Crédit Agricole, Kestra is pitching itself as the neutral fabric that sits on top of heterogeneous enterprise stacks. Why this funding round matters now? The raise lands as enterprises scramble to standardize how they schedule, monitor and govern increasingly fragmented AI, data and infrastructure workflows. Rather than relying on siloed orchestrators inside individual tools, Kestra is arguing for a single orchestration category that bridges databases, LLM providers, cloud services and internal microservices. In this context, the presence of high-profile customers and strong open-source traction signals that orchestration is moving from a developer convenience to a board-level resilience issue, especially as AI workloads become mission-critical. Competitors like Prefect, Windmill and other workflow engines are simultaneously chasing this space, but Kestra's focus on multi-domain orchestration (data, AI and infra) and its early investment in agentic capabilities could shape how enterprises architect their AI stacks over the next few years. Competitive landscape and feature comparison. Below, Kestra is compared with two close competitors in the workflow-orchestration space: Prefect and Windmill. From today's vantage point, Kestra appears to be pushing furthest into agentic orchestration and multi-domain workflows, making it attractive for enterprises that want a single fabric over AI, data and infra. Prefect remains a strong option for Python-heavy data teams who care most about simplicity and cost for pipeline-centric workloads, while Windmill offers a nimble experience for teams that want to script and ship automations quickly with less emphasis on deep AI orchestration. Sci-Tech Today's takeaway. In my experience, rounds of this size at the Series A stage are a strong signal that a niche is crystallizing into a real infrastructure category, and Kestra is clearly betting that orchestration will be the control layer of AI-native stacks. I think this is a big deal because enterprises are tired of stitching together half a dozen schedulers and custom cron jobs just to keep data and AI workflows in sync, and a unified control plane directly addresses that pain. While execution risk is real and competitors like Prefect and Windmill are not standing still, I see this funding as broadly bullish for open-source orchestration and for enterprise AI adoption, since a more reliable backbone makes it easier for risk-averse firms to green-light ambitious AI projects. Add Sci-Tech Today as a Preferred Source on Google for instant updates! Sources. Barry Elad (Senior Writer) Barry is a technology enthusiast with a passion for in-depth research on various technological topics. He meticulously gathers comprehensive statistics and facts to assist users. Barry's primary interest lies in understanding the intricacies of software and creating content that highlights its value. When not evaluating applications or programs, Barry enjoys experimenting with new healthy recipes, practicing yoga, meditating, or taking nature walks with his child. Companies List

NYLA Technology Solutions
Jan 17th, 2024
Conference Report: Grace Hopper Celebration 2023

In Friend Up Your Cash App Game: Build a Machine Learning Pipeline, the speakers explained how to integrate Prefect with Google Cloud Platform to recommend friends to Cash App members.

AiThority
Jun 15th, 2023
Prefect Appoints Adam Azzam as AI Product Lead

Prefect Technologies, Inc, makers of the popular open-source Prefect orchestration platform, announced the appointment of Adam Azzam, PhD as the Artificial Intelligence (AI) Product Lead.

PR Newswire
Apr 28th, 2022
Prefect And Snowflake Partner To Bring Dataflow Automation To The Enterprise

WASHINGTON, April 28, 2022 /PRNewswire/ -- Prefect Technologies, Inc., the company behind the open-source data workflow automation platform Prefect, today announced a partnership with Snowflake, the Data Cloud company. Prefect enables Snowflake customers to automatically populate,...

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