Incorta provides a unified data analytics platform powered by Direct Data Mapping that enables companies to acquire, enrich, analyze, and act on business data with unmatched speed and simplicity. The platform can make tens of billions of rows across multiple source databases analytics-ready in minutes and eliminates the need for data modeling, cubes, extraction/transformation/loading, or data warehouses. Incorta serves both power users and novices, offers Incorta Mobile, and integrates with cloud partners including Microsoft Azure, Google Cloud, and Tableau. The company has increased investment in product innovation, customer success, and industry partnerships and has made four key executive hires including Scott Jones as CEO. Financially, Incorta reports rapid revenue growth, with nearly 60% of new revenue in the past 12 months coming from organic expansion within existing customers and 14% of customers identified as Fortune 500 companies. The new capital will be used to scale go-to-market operations and meet growing global demand for modern data analytics. Incorta provides an ETL-free data processing and analytics platform designed to skip traditional extract-transform-load steps and deliver analytics much faster. The product aims to cut data processing that once took hours down to seconds, according to the company. Incorta was founded by former Oracle executives and is led by CEO and co‑founder Osama Elkady. The company reports 284% year‑over‑year revenue growth and counts customers such as Starbucks, Shutterfly and Broadcom. Incorta has 250 employees, developer teams in Egypt, and main operations in San Mateo, California; it recently added offices in Chicago, Dubai and Bangalore. Total funding and growth are being used to scale product adoption and geographic presence. Incorta delivers a hyperconverged analytics platform that ingests data in its original shape, eliminates much of ETL and complex data modeling, and can run hundreds of joins against very large, complex datasets in seconds. The Fall ’18 release makes the platform horizontally scalable for any volume of data without partitioning, tuning, or query optimization and adds built-in PySpark for data science access. Incorta supports deployment on commodity hardware, on-premises or in the cloud, and claims customers can replace expensive appliances while delivering dramatically faster query response times. The company cites deployments with Fortune 100 customers and emphasizes real-time analytics and maintained data fidelity. Incorta is backed by GV, Kleiner Perkins, M12 (Microsoft’s venture fund) and Telstra Ventures. Incorta, led by co-founder and CEO Osama Elkady, provides a real-time enterprise analytics platform that aggregates complex business data and bypasses traditional data warehouses. The platform leverages a direct data mapping engine to enable business users to gain secure, sub-second access to meaningful business insight. The company positions its technology as making the traditional data warehouse obsolete. Incorta announced an additional $15M in funding and intends to use the proceeds to continue product development and to invest in sales and marketing. The company is based in San Mateo, CA. Incorta provides a real-time enterprise analytics platform that aggregates complex business data in real time via a Direct Data Mapping Engine. The engine maps each piece of data to all related data, removing the need for costly join operations and the transformation of data into normalized structures. By bypassing the data warehouse, the platform reduces the time required to develop real-time analytic applications from months to days. Customers include Broadcom, Henkel, Stitch Fix, Toast and a Fortune 10 manufacturing company. Led by CEO and co-founder Osama Elkady, the company intends to use the Series A funds to grow sales and marketing and to broaden and accelerate product development. Incorta is based in San Mateo, California.

Total raised

$190M

Funding rounds

6

Latest round

Series D

Latest activity

Jun 2021