Prefect

Prefect

Automates and manages data workflows

About

Prefect provides a platform for automating and managing data workflows, primarily targeting software developers, data engineers, and IT teams. The platform allows users to define their workflows through an easy-to-use interface and deploy them across various environments, such as Kubernetes. This flexibility helps users manage complex data and AI tasks without needing to navigate the complexities of the underlying infrastructure. Prefect offers both free and paid plans, with the free tier suitable for smaller projects and the paid plans designed for larger teams or enterprises that require advanced features and dedicated support. Key features include encrypted storage for configuration data, customizable parameters, and detailed logging, ensuring secure and efficient workflow management. Prefect's goal is to streamline the management of data workflows, making it a scalable solution for businesses of all sizes.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Enterprise Software

Total Funding

$42.3M

Headquarters

Washington, District of Columbia

Founded

2018


Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $32M Series B funding led by Tiger Global provides Prefect with significant capital to enhance its platform and expand its market reach.
  • Partnerships with industry leaders like Snowflake and Microsoft for Startups amplify Prefect's credibility and integration capabilities in the data management ecosystem.
  • The appointment of Adam Azzam as AI Product Lead signals a strategic focus on AI, potentially opening new avenues for innovation and market expansion.

What critics are saying

  • The competitive landscape in data workflow automation is intense, with established players potentially overshadowing Prefect's market presence.
  • Rapid scaling and integration of new features, such as those in Prefect 2.0, may lead to technical debt and operational challenges.

What makes Prefect unique

  • Prefect's intuitive interface and flexibility in deploying workflows to various environments like Kubernetes set it apart from competitors who may offer less versatile solutions.
  • The combination of free and paid plans allows Prefect to cater to a wide range of users, from individual developers to large enterprises, unlike competitors with less flexible pricing models.
  • Prefect's strong emphasis on security features like encrypted storage and detailed logging provides an added layer of trust for enterprises handling sensitive data.

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Growth & Insights
Headcount

6 month growth

16%

1 year growth

26%

2 year growth

5%

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