Simon Data

Simon Data

Centralizes customer data for marketing personalization

About Simon Data

Simplify's Rating
Why Simon Data is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Series D

Total Funding

$112.6M

Headquarters

New York City, New York

Founded

2014

Overview

Simon Data offers a platform that helps businesses centralize and secure their customer data to enhance customer experiences. Built on Snowflake, it uses zero-ETL technology to integrate data from various sources into a single customer profile without requiring complex programming. Marketing teams can easily create detailed audience profiles and sync them to marketing platforms in real-time for personalized outreach. The company aims to empower businesses to improve customer engagement and increase sales through effective data management.

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for zero-ETL solutions boosts Simon Data's market potential.
  • Rising adoption of cloud-based data warehousing supports Simon Data's infrastructure.
  • Partnership with FullContact enhances Simon Data's identity resolution capabilities.

What critics are saying

  • Emerging CDP providers integrating with Snowflake increase competition for Simon Data.
  • Rapid AI advancements may require Simon Data to invest heavily to stay competitive.
  • Data privacy regulations like GDPR could necessitate costly compliance measures.

What makes Simon Data unique

  • Simon Data's platform uses zero-ETL technology for seamless data integration.
  • Built on Snowflake, Simon Data offers scalable and efficient data warehousing solutions.
  • Simon Data enables marketers to create audience profiles without coding or SQL knowledge.

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Funding

Total Funding

$112.6M

Below

Industry Average

Funded Over

6 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Below Average

Industry standards

$77M
$54M
Simon Data
$70M
Twilio
$80M
Handshake
$100M
Affirm

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

3%

2 year growth

-1%
Simon Data
Sep 25th, 2023
Simon Data recognized as a leader in Snowflake's 2023 Modern Marketing Data Stack Report

Simon's Connected Customer Data platform integrates seamlessly with Snowflake, bridging the gap between transforming data into impactful, personalized marketing.

Business Wire
Aug 11th, 2023
Simon Data Raises Series D Funding Round to Further Develop World’s First Fully-Connected CDP

Simon Data announces $54 million Series D funding round to fuel continued product development of a fully-connected customer data platform.

Google News
Aug 10th, 2023
city biz + Polaris-backed Simon Data Raises $54 Million Series D Led by Macquarie Capital

Simon Data, which has built an advanced customer data platform to drive marketing, has raised $54 million in a Series D round led by Australia's Macquarie Capital with participation from all major existing investors, including Boston area firms Polaris Partners, .406, and F-Prime.

VentureBeat
Aug 8th, 2023
What makes Simon Data unique?

Simon Data has launched a native connected application for Snowflake’s data cloud called IdentityQA.

Google News
Aug 8th, 2023
Simon Data Raises Series D Funding Round to Further Develop World's First Fully-Connected CDP

This funding round comes on the heels of Simon Data's launch of Connected Segmentation, a groundbreaking tool that empowers marketers -- regardless of technical acumen - to build customer segments directly within Snowflake.

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