Materialize

Cloud-based operational data warehouse for real-time insights

New York City, New York, United States

About Materialize

Materialize provides a cloud-based operational data warehouse that delivers real-time insights for businesses. The platform is designed for tasks that require immediate action based on current data, enabling data teams to analyze and operate their businesses effectively. Key features include automation and alerting, which reduce manual work and delays, allowing for quicker responses to data changes. Materialize supports user-facing applications that need to react to real-time business conditions and caters to companies requiring real-time customer data for personalization and dynamic pricing. The platform also meets the needs of machine learning and artificial intelligence by offering continuously updated data. Materialize's business model focuses on providing sub-second updates and strong consistency, utilizing a specialized engine built on stream processing frameworks. The goal of Materialize is to empower businesses to make immediate decisions based on accurate and timely data.

New York City, New YorkHeadquarters
2019Year Founded
$97.8MTotal Funding
SERIES_CCompany Stage
Data & Analytics, Enterprise SoftwareIndustries
51-200Employees

Benefits

Company Equity

Risks

Redpanda's serverless platform may attract cost-conscious developers away from Materialize.
Confluent's partner program increases competition in real-time data streaming.
Intensified market competition as more companies adopt real-time data solutions.

Differentiation

Materialize offers real-time data processing with a simple SQL interface.
The platform provides sub-second updates and strong consistency for streaming data.
Materialize's engine is built on Timely Dataflow and Differential Dataflow frameworks.

Upsides

Growing demand for real-time data processing boosts Materialize's market potential.
Partnership opportunities with Confluent enhance Materialize's integration capabilities.
Separation of storage and compute improves scalability and performance.

Funding

Total raised$97.76 M
Latest valuation$300.00 M
StageSERIES_C
SERIES C
8/31/2021
$60
$300.00 M
$32
$160.00 M
$8
$42.50 M