Overview

Trifacta specializes in data wrangling, which involves cleaning and preparing raw data for analysis. The company offers a range of products, including Trifacta Wrangler, Wrangler Pro, and Wrangler Enterprise, designed to help businesses and public sector organizations manage large and diverse datasets efficiently. These tools allow users to clean, transform, and visualize their data without needing extensive technical skills. Trifacta's clients include various industries such as marketing, finance, and government agencies, all of which require effective data preparation to support their strategic goals. Unlike many competitors, Trifacta emphasizes self-service data preparation, enabling users to handle their data independently. The company aims to enhance data quality and accelerate data preparation processes, helping organizations make better decisions based on their data.

Simplify's Take

What believers are saying

• Growing demand for data wrangling tools as companies focus on data-driven decision-making.
• Expansion of cloud-native solutions supports hybrid and multi-cloud environments.
• Partnerships with industry leaders like Accenture enhance specialized data solutions.

What critics are saying

• Increased competition from Alteryx could lead to internal conflicts post-acquisition.
• Acquisition by Alteryx may shift focus away from Trifacta's core offerings.
• Rapid market growth may attract new entrants, increasing competition for Trifacta.

What makes Trifacta unique

• Trifacta offers an AI-assisted, self-service data preparation platform for non-technical users.
• The platform provides universal data connectivity for any data source and application.
• Trifacta partners with major cloud providers for seamless integration and enhanced capabilities.

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Funding

Total Funding

$218.2M

Below

Industry Average

Funded Over

6 Rounds

Notable Investors:

Greylock PartnersAccel

Notable Investors:

Greylock PartnersAccel

$400,000,000

Acquisition

Jan 2022

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Acquisition Funding Comparison

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