Stratio BD offers an Augmented Data Fabric Platform that makes a company's full data estate available through virtualization and gives it meaning via AI and semantic algorithms. The platform covers data access, virtualization, quality, governance, advanced analytics, and machine learning components. By virtualizing and governing data, clients can reduce time to market and costs while achieving business objectives. Its solutions are used by blue-chip corporates across financial services, healthcare, and retail. Led by CEO Oscar Mendez and based in Madrid, Spain, Stratio BD plans to use its new funding to further accelerate growth in Europe. The company raised EUR65M in a Series C to support those expansion plans. Stratio develops Stratio Data Centric, an enterprise-focused platform for big data analytics and artificial intelligence. Its technology stack includes Cassandra, Apache Spark, and the company’s own proprietary components. The company aims to make next-generation technologies usable for IT-heavy enterprises at a lower cost, a point highlighted by GP Bullhound partner Joakim Dal. Stratio was founded in Madrid and maintains offices in Silicon Valley, Madrid, Sao Paolo, Bogota, and Vancouver. The company recently raised €13 million in a funding round to support growth; the articles do not specify valuation or operating metrics.

Total raised

$78M

Funding rounds

2

Latest round

Series C

Latest activity

Oct 2022