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Select Star

Select Star

Data discovery and governance platform

About

Select Star provides a data discovery platform that helps businesses manage and understand their data effectively. The platform assists companies in establishing a single source of truth for their data, which serves as a reliable reference point for all data-related inquiries. This is particularly advantageous for data analysts, who can learn to navigate and discover data independently in less than a month, significantly faster than the typical 3-4 months. In addition to data discovery, Select Star offers data governance services, giving businesses insight into their current data models and usage, which is essential for maintaining control and ensuring proper data utilization. Operating on a business-to-business (B2B) model, Select Star likely generates revenue through subscription fees for its services. The company's goal is to streamline the data discovery process and provide a consistent and trustworthy source of data for its clients.

Company Stage

Series A

Employees

11-50

Industries

Data & Analytics, Consulting, Enterprise Software

Total Funding

$17.5M

Headquarters

N/A

Founded

2020


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Simplify's Take

What believers are saying

  • The recent $15 million Series A funding led by Lightspeed Venture Partners provides strong financial backing for future growth and innovation.
  • Partnerships with industry leaders like Databricks and Snowflake position Select Star as a key player in the data management ecosystem.
  • The introduction of features like Auto-generated ERD and deep integrations with Snowflake demonstrate Select Star's commitment to continuous improvement and customer satisfaction.

What critics are saying

  • The competitive landscape in data management and governance is intense, with many established players and new entrants vying for market share.
  • Reliance on partnerships with major platforms could pose risks if these relationships change or dissolve.

What makes Select Star unique

  • Select Star's platform significantly reduces the time for data analysts to become proficient in data discovery, a clear advantage over competitors.
  • Their focus on providing a single source of truth for data ensures consistency and reliability, which is crucial for businesses managing large datasets.
  • The integration with major platforms like Databricks and Snowflake enhances their offering, making them a versatile choice for multi-cloud environments.

Growth & Insights
Headcount

6 month growth

-17%

1 year growth

-33%

2 year growth

40%

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