Tamr

Tamr

AI-driven data management and integration solutions

About Tamr

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

Industries

Data & Analytics

AI & Machine Learning

Company Size

51-200

Company Stage

Series C

Total Funding

$61.2M

Headquarters

Cambridge, Massachusetts

Founded

2012

Overview

Tamr specializes in data management and integration, helping organizations effectively utilize their data. The company provides software solutions that automate the cleaning and organization of data using AI and machine learning. This automation allows data teams to focus on analyzing data and making informed decisions rather than spending time on manual data preparation. Tamr primarily serves large enterprises in industries like finance, healthcare, and retail, offering a subscription-based model that includes software access, setup, and ongoing support. Unlike competitors, Tamr emphasizes continuous data readiness for analysis, enabling clients to make better business decisions. The goal of Tamr is to transform data into a valuable asset for organizations.

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Simplify's Take

What believers are saying

  • Partnership with Google Cloud accelerates Tamr's adoption in various sectors.
  • Investment from Alteryx Ventures expands Tamr's analytics capabilities and market presence.
  • Smart Curation on Snowflake Marketplace increases Tamr's customer base in the data cloud.

What critics are saying

  • Emerging startups offering similar AI solutions at lower costs threaten Tamr's market share.
  • Rapid AI advancements may outpace Tamr's capabilities, requiring significant R&D investment.
  • Economic downturns could reduce spending on data management, impacting Tamr's revenue.

What makes Tamr unique

  • Tamr's AI-native platform offers real-time data management for operational efficiency.
  • Tamr's Generative AI capabilities enhance data-centric AI solutions for trustworthy master data.
  • Tamr's subscription model ensures continuous support and updates for enterprise clients.

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Funding

Total Funding

$61.2M

Below

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Unlimited Vacation, Flexible Working Hours

Health & Wellbeing

Industry leading parental leave

Employee Discounts & Perks

Retirement and Financial

Social Events

Growth & Insights and Company News

Headcount

6 month growth

-12%

1 year growth

-4%

2 year growth

-13%
EE Journal
Aug 1st, 2024
Tamr Launches Tamr RealTime for its AI-Native Data Management Platform

CAMBRIDGE, Mass. - July 30, 2024 - Tamr Inc. ("Tamr"), the leader in AI-native software for delivering trustworthy golden records, today announced the launch of Tamr RealTime, a set of new features for its AI-native master data management platform that allow organizations to rapidly build and maintain accurate, up-to-date data that improves operational efficiency.

PR Newswire
Jul 30th, 2024
Tamr Launches Tamr Realtime For Its Ai-Native Data Management Platform

AI-Native Approach Improves Accuracy and Accelerates Master Data Management InitiativesCAMBRIDGE, Mass., July 30, 2024 /PRNewswire/ -- Tamr Inc. ("Tamr"), the leader in AI-native software for delivering trustworthy golden records , today announced the launch of Tamr RealTime, a set of new features for its AI-native master data management platform that allow organizations to rapidly build and maintain accurate, up-to-date data that improves operational efficiency."Tamr RealTime represents a significant leap forward in accelerating the delivery of clean, curated and accurate data – at scale," said Anthony Deighton, Tamr's CEO. "By taking an AI-first approach, combined with real-time processing on our SaaS architecture, we're enabling data teams to adapt to changes quickly and get the master data that they need faster, so that people can find the right information that helps them do their jobs better. This leads to improved productivity and allows companies to deliver a better customer experience."Tamr RealTime builds upon the company's proven expertise in data mastering and quality, building on a history of 18 patents in AI, Machine Learning (ML) and data curation. It not only improves the accuracy and timeliness of data but also empowers organizations to be more agile and responsive. The new features include:Improved data accuracy – through AI-powered models that can handle complex scenarios more effectively than traditional rules-based systems.Future-proofing capabilities – that adapt to changes in data structures and standards, ensuring long-term resilience and value.Real-time data interactions – that enable users to work with the most current information, rather than relying on batch processing.Enhanced efficiency and productivity – by automating more of the data management process, allowing teams to focus on higher-value work.Improved regulatory compliance – for companies in highly regulated industries such as healthcare and finance."Tamr has been instrumental in helping Old Mutual build the foundational elements for our data strategy, a critical requirement for achieving our long-term ambition of becoming a digital-native insurance organization," said May Govenver, Chief Information Officer at Old Mutual Limited, a premium African financial services group serving retail and corporate customers across 14 countries.Use Cases: Tamr RealTime in ActionCRM "autosuggest" – keep your CRM data clean by preventing sales users from entering a duplicate record because they find the existing records first.Customer 360/CRM Consolidation – power all operational applications, especially disparate CRM applications, with high-quality, up-to-date customer information to deliver an integrated experience.Entity resolution – automatically resolve incoming data and maintain accurate information that can be used enterprise-wide for analytics and operational processes.Accelerating Master Data Management (MDM) for the AI EraTamr's proven data-centric AI solves the challenge of discovering, enriching, and maintaining enterprise-wide golden records at scale

Manchester Times
Apr 15th, 2024
Tamr Sets New Data Standards for Generative AI in Google Marketplace

Tamr Inc. ("Tamr"), the leader in AI-powered software for delivering trustworthy golden records, is proud to announce the availability of its Generative AI capabilities through the Google Marketplace for Generative AI.

Business Wire
Apr 15th, 2024
Tamr Sets New Data Standards For Generative Ai In Google Marketplace

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Tamr Inc. (“Tamr”), the leader in AI-powered software for delivering trustworthy golden records, is proud to announce the availability of its Generative AI capabilities through the Google Marketplace for Generative AI. This milestone represents a significant advancement in Tamr’s evolution. It introduces an additional capability layer to Tamr’s proven data-centric AI, which solves the hard problem of discovering, enriching, and maintaining enterprise-wide golden records at scale. “Generative AI is a fantastic tool. Embedding it strategically in our software furthers our mission of rapidly, accurately, and cost-effectively delivering trustworthy master data so our customers can make accurate business decisions more quickly and confidently,” said Anthony Deighton, Tamr’s CEO

Enterprise Talk
Feb 29th, 2024
Tamr Appoints Anthony Deighton as New CEO

Tamr appoints Anthony Deighton as new CEO.

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