Propel Data Cloud

Propel Data Cloud

An Analytics API Platform for developers to easily build customer-facing data products powered by large-scale analytical data.

HQ location
San Francisco, United States
Launch date
Employees
Enterprise value
$22—33m
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DateInvestorsAmountRound
investor

€0.0

round
*

$5.5m

Early VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about Propel Data Cloud
Made with AI
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Propel Data Cloud Inc. is a forward-thinking startup that specializes in providing serverless APIs (Application Programming Interfaces) to help businesses integrate advanced data features into their products. These features include analytics, reports, dashboards, search functionalities, triggers, workflows, counters, and leaderboards. The company leverages Snowflake's data platform, which is known for its scalability and performance, to deliver these capabilities efficiently and without the need for clients to manage complex data infrastructure or create new data silos.

Propel Data serves a diverse range of clients, primarily targeting businesses that need to enhance their products with data-rich features but lack the resources or expertise to build and maintain such infrastructure themselves. This includes companies in sectors like technology, finance, healthcare, and retail, among others.

Operating in the data analytics and cloud computing market, Propel Data stands out by offering a serverless approach. This means clients can use their APIs without worrying about the underlying servers or hardware, which simplifies the process and reduces costs. The business model is likely based on a subscription or usage-based pricing structure, where clients pay for the amount of data processed or the number of API calls made.

Propel Data makes money by charging these clients for access to its APIs. This could be through a tiered subscription model, where different levels of service are offered at different price points, or a pay-as-you-go model, where clients are billed based on their actual usage. This flexible pricing strategy allows Propel Data to cater to both small startups and large enterprises.

In summary, Propel Data Cloud Inc. offers a streamlined way for businesses to integrate powerful data features into their products without the hassle of managing complex infrastructure. By using serverless APIs and Snowflake's data platform, they provide a cost-effective and scalable solution for a wide range of industries.

Keywords: serverless APIs, data analytics, Snowflake, dashboards, reports, search features, triggers, workflows, data infrastructure, cloud computing.

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