Prague-based DataOps startup Keboola closes $32M Series A round

Czech Keboola, a self-service data operations platform has just announced AIN.Capital team about closing $32 million Series A investment. The round was led by a US firm Viking Global Investors.

• Founded in 2017 by Petr Simecek and Milan Veverka, Keboola develops a cloud-based data preparation platform built on Snowflake that enables clients to capture, analyze, and surface crucial information for their internal analytics projects and data products.

• Keboola provides its solution for different companies from diverse fields such as retail, e-commerce, marketing, financial services, and hospitality. One of example is American restaurant chain Firehouse Subs, which supports all data needs of 1,200+ franchises through Keboola. Among other clients are Publicis Groupe, Deloitte, Erste Group, BNP Paribas, or Allegro.
• In 2022, the startup raised $4.5M million in a seed round. The current investment marks the biggest Series A round in the CE (Central Europe) region in 2023.

“This investment will help Keboola accelerate our strategic growth as we expand in the European and the UK markets and position for US expansion in 2024. We have been gratified by the feedback we’ve received from our clients who feel they now have full control of their data and processes in ways they didn’t before.”

Pavel Dolezal, CEO of Keboola commented its future plans.

• Viking Global Investors, a global investment firm, led the fresh round. The fund manages over $42 billion of capital across public equity, private equity, and credit and structured capital strategies. All previous investment firms, and angel investors are joining the round, including Presto Ventures, Reflex Capital, TCF Capital, and others.