Startups

Mozart Data raises $15M to help startups spin up a data stack

Comment

Mozart Data team, April 2022.
Image Credits: Mozart Data

Setting up a stack of data tools is a difficult exercise for any startup to undertake, involving picking and choosing among a wide variety of tools and approaches. Mozart Data’s founders have a background in data wrangling and have built a platform of tools that makes the decisions for you, while leaving room for flexibility for more adventurous customers.

In some cases, Mozart has built the pieces into the stack, while in others it recommends what it considers best-in-class as it has done by selecting Snowflake as the default choice for a data lake on the Mozart platform of tools.

As company co-founder Peter Fishman told me, the idea is to have a data stack in a box of sorts that removes the complexity for startups that just want to get going quickly with a data platform.

“We want to be the easiest way for startups to get up and running on their data stack and data infrastructure,” he said. As Fishman explained to me at the time of the company’s seed round in 2020, this involves everything except data visualization.

“We do all of the parts before the BI tool. So we extract and load the data. We manage a data warehouse for you under the hood in Snowflake, and we provide a layer for you to do transformations,” he said.

He says they do it that way because they feel like customers know their data best, and they consider Mozart’s job as to get the data to a point where you can decide how to best present it.

The company emerged from the Y Combinator Summer 2020 cohort with three initial customers. That has grown to 50 customers, and the company reports that since raising its seed capital in 2020, ARR has grown a hefty 500%.

It has also gone from six employees in 2020 to more than 20 today, with even more people joining with new capital. He says that building a diverse company is critically important and he looks at the top of the funnel when they are screening candidates as the best way to make that happen.

He says that he has been thinking about DEI from the very start. “We talked about this literally, like 18 months ago, that the right time to start was when we were actually less than 10 people because otherwise you have this vicious cycle of you have a really non-diverse work group, and then it becomes increasingly difficult to change your company makeup,” he said.

The company announced today that it has raised a $15 million Series A led by Craft Ventures, with participation from Goldcrest Capital, Spearhead, Apollo Projects and Valor Equity Partners.

Brian Murray, partner and COO at lead investor Craft Ventures, says that they have been working with Mozart since its earliest days, and he says the fact that the founders have a data background and have experienced this issue makes them uniquely suited to help solve it.

“Data is a business’s most treasured asset. Collecting, organizing, storing and visualizing data is critically important, and yet it’s almost always an afterthought — you don’t know you need a data scientist until it’s too late. Mozart helps growing companies spin up a modern data stack in minutes, not months or years,” he said.

Mozart Data lands $4M seed to provide out-of-the-box data stack

More TechCrunch

A search results page based on generative AI as its ranking mechanism will have wide-reaching consequences for online publishers.

Google will soon start using GenAI to organize some search results pages

Google has built a custom Gemini model for search to combine real-time information, Google’s ranking, long context and multimodal features.

Google is adding more AI to its search results

At its Google I/O developer conference, Google on Tuesday announced the next generation of its Tensor Processing Units (TPU) AI chips.

Google’s next-gen TPUs promise a 4.7x performance boost

Google is upgrading Gemini, its AI-powered chatbot, with features aimed at making the experience more ambient and contextually useful.

Google reveals plans for upgrading AI in the real world through Gemini Live at Google I/O 2024

Veo can generate few-seconds-long 1080p video clips given a text prompt.

Google’s image-generating AI gets an upgrade

At Google I/O, Google announced upgrades to Gemini 1.5 Pro, including a bigger context window. .

Google’s generative AI can now analyze hours of video

The AI upgrade will make finding the right content more intuitive and less of a manual search process.

Google Photos introduces an AI search feature, ‘Ask Photos’

Here are quick hits of the biggest news from the keynote as they are announced.

Google I/O 2024: Everything announced so far

Apple released new data about anti-fraud measures related to its operation of the iOS App Store on Tuesday morning, trumpeting a claim that it stopped over $7 billion in “potentially…

Apple touts stopping $1.8BN in App Store fraud last year in latest pitch to developers

Online travel agency Expedia is testing an AI assistant that bolsters features like search, itinerary building, trip planning, and real-time travel updates.

Expedia starts testing AI-powered features for search and travel planning

Welcome to TechCrunch Fintech! This week, we look at the drama around TabaPay deciding to not buy Synapse’s assets, as well as stocks dropping for a couple of fintechs, Monzo raising…

Inside TabaPay’s drama-filled decision to abandon its plans to buy Synapse’s assets

The person who claimed to have stolen the physical addresses of 49 million Dell customers appears to have taken more data from a different Dell portal, TechCrunch has learned. The…

Threat actor scraped Dell support tickets, including customer phone numbers

If you write the words “cis” or “cisgender” on X, you might be served this full-screen message: “This post contains language that may be considered a slur by X and…

On Elon’s whim, X now treats ‘cisgender’ as a slur

The keynote kicks off at 10 a.m. PT on Tuesday and will offer glimpses into the latest versions of Android, Wear OS and Android TV.

Google I/O 2024: Watch the AI reveals live

Facebook once had big ambitions to be a major player in enterprise communication and productivity, but today the social network’s parent company Meta will be closing a very significant chapter…

Meta is shutting down Workplace, its enterprise communications business

The Oversight Board has overturned Meta’s decision to take down a documentary revealing the identities of child abuse victims in Pakistan.

Meta’s Oversight Board overturns takedown decision for Pakistan child abuse documentary

Adam Selipsky is stepping down from his role as CEO of Amazon Web Services, Amazon has confirmed to TechCrunch.  In a memo shared internally by Amazon CEO Andy Jassy and…

AWS CEO Adam Selipsky steps down

VC and podcaster David Sacks has revealed a new AI chat app called Glue that fixes “Slack channel fatigue,” he says.

David Sacks reveals Glue, the AI company he’s been teasing on his All In podcast

Harness isn’t founder Jyoti Bansal’s first startup. He sold AppDynamics to Cisco for $3.7 billion in 2017, the week it was supposed to go public. His latest venture has raised…

After surpassing $100M in ARR, Harness grabs a $150M line of credit

You can expect plenty of AI, but probably not a lot of hardware.

Google I/O 2024: What to expect

The company’s autonomous vehicles have had a number of misadventures lately, involving driving into construction sites.

Waymo’s robotaxis under investigation after crashes and traffic mishaps

The company is describing the event as “a chance to demo some ChatGPT and GPT-4 updates.”

OpenAI’s ChatGPT announcement: Watch the GPT-4o reveal and demo here

Sona, a workforce management platform for frontline employees, has raised $27.5 million in a Series A round of funding. More than two-thirds of the U.S. workforce are reportedly in frontline…

Sona, a frontline workforce management platform, raises $27.5M with eyes on US expansion

Uber Technologies announced Tuesday that it will buy the Taiwan unit of Delivery Hero’s Foodpanda for $950 million in cash. The deal is part of Uber Eats’ strategy to expand…

Uber to acquire Foodpanda’s Taiwan unit from Delivery Hero for $950M in cash 

Paris-based Blisce has become the latest VC firm to launch a fund dedicated to climate tech. It plans to raise as much as €150M (about $162M).

Paris-based VC firm Blisce launches climate tech fund with a target of $160M

Maad, a B2B e-commerce startup based in Senegal, has secured $3.2 million debt-equity funding to bolster its growth in the western Africa country and to explore fresh opportunities in the…

Maad raises $3.2M seed amid B2B e-commerce sector turbulence in Africa

The fresh funds were raised from two investors who transferred the capital into a special purpose vehicle, a legal entity associated with the OpenAI Startup Fund.

OpenAI Startup Fund raises additional $5M

Accel has invested in more than 200 startups in the region to date, making it one of the more prolific VCs in this market.

Accel has a fresh $650M to back European early-stage startups

Kyle Vogt, the former founder and CEO of self-driving car company Cruise, has a new VC-backed robotics startup focused on household chores. Vogt announced Monday that the new startup, called…

Cruise founder Kyle Vogt is back with a robot startup

When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem — and…

From Miles Grimshaw to Eva Ho, venture capitalists continue to play musical chairs