Quild #58: Rudderstack

Open source Customer Data Platform

This is the Quild daily, highlighting one early-stage startup that has statistically significant signals of becoming a unicorn.

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RudderStack is a customer data platform for developers. Their tooling makes it easy to deploy pipelines that collect customer data from every app, website and SaaS platform, then activate it in your data warehouse and business tools.

Founders: Soumyadeb (CEO), Shvetank (Chairman)

Signals:

1. Repeat venture-backed founders

   • Soumyadeb was the CTO and co-founder of MarianaIQ, which was acquired by 8x8

   • Shvetank co-founded Kiwi, funded by Sequoia, and Trippert, which was acquired by Playdom which was subsequently acquired by Disney

2. Top company alumni

   • Soumyadeb worked as an ML engineer at 8x8 for over a year

3. Top university alumni

   • Soumyadeb graduated from UI Urbana-Champaign (PhD)

   • Shvetank graduated from University of Toronto (MASc) and Stanford University (MBA)

4. Fast team growth

   • Grew 2.3x YoY to 123 employees

   • And hiring a lot more

5. Accelerated financing

   • Announced seed in 2020, series A in 2021, series B in 2022

6. Midas list investors

   • Insight Partners led series B

   • Kleiner Perkins led series A

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Till tomorrow, Kenn