Secoda

Data management and enablement platform

Toronto, Ontario, Canada

About Secoda

Secoda provides a platform for data management and enablement, helping organizations track, document, and discover their data efficiently. The platform is especially useful for businesses that deal with large amounts of data, ensuring that it is accessible, understandable, and trustworthy. Key features include data lineage tracking, which shows the origin and flow of data, and comprehensive data documentation tools that help create data dictionaries and metadata repositories. This functionality enhances transparency and trust in the data used by teams. Secoda serves a wide range of clients, from small startups to large enterprises, and operates on a subscription model, allowing clients to access various features based on their needs. The goal of Secoda is to provide a single source of truth for data, improving collaboration and productivity within data-centric organizations.

Toronto, CanadaHeadquarters
2021Year Founded
$15.6MTotal Funding
SERIES_ACompany Stage
Data & Analytics, Enterprise SoftwareIndustries
11-50Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Parental Leave
Professional Development Budget
Home Office Stipend
Hybrid Work Options
Company Social Events

Risks

Increased competition from established platforms like Alation and Collibra.
Potential customer resistance due to existing investments in other data management tools.
Challenges in scaling to meet the needs of larger enterprises.

Differentiation

Secoda centralizes data knowledge, reducing the need to switch between multiple tools.
It offers AI-powered data search, enhancing data discovery and accessibility.
Secoda supports real-time multiplayer editing, improving collaborative data analysis.

Upsides

Secoda raised $14M to expand its AI-driven data cataloging platform.
The rise of data democratization aligns with Secoda's mission, potentially expanding its user base.
Integration with AI-driven data quality tools enhances data accuracy and reliability.

Funding

Total raised$15.64 M
Latest valuation$95.00 M
StageSERIES_A