Knime

2024 Series B Software Raised $30,000,000
Industry
Software
Stage
Series B
Raised
$30,000,000

Company Overview

Founded in 2017, Knime is headquartered in Zurich and has additional offices in Berlin and Austin, Texas. The startup sells an enterprise software platform for data analytics, reporting, and integration. Its main product, the KNIME Analytics Platform, is an open-source software program used by data scientists and analysts to analyze and visualize their companies data. Since 2017, Knime has grown revenue to 30M, at 30-40 per year and is now serving nearly 400 customers such as ASML, Audi, AMD, Lilly, Novartis, Bayer, Sanofi, Genentech, the FDA, PG, Mercedes-Benz, and others, with a team of 250 employees worldwide. Knime announced that it has raised $30 million from equity investor Invus to supercharge its AI offerings. This funding follows a prior investment from Invus in 2017, when the firm financed the startups $20 million Series A funding round.

Business Model

B2B

Customer Model

SaaS

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