Julius AI, an innovative AI-powered data analysis tool, today announced it has successfully raised $10 million in funding. This investment, led by Bessemer Venture Partners and featuring participation from Y Combinator, Horizon VC, AI Grant, 8VC, and key founders from companies such as Notion and Dropbox, marks a pivotal step in Julius’s mission to make sophisticated data analysis universally accessible.
Julius aims to dismantle the “hidden cost of complexity” in data analysis by acting as a personal AI data analyst. It generates comprehensive analyses, creates insightful visualizations, and reveals underlying code, enabling users to extract knowledge without needing programming expertise.
Since its launch two years ago, Julius has experienced explosive growth, attracting over 2 million users who have created more than 10 million data visualizations. This rapid adoption highlights the strong market demand for intuitive and robust data analysis. The platform’s ability to automate complex coding tasks, writing millions of lines of code daily, empowers users to make faster, data-driven decisions.
Julius is already utilized by a diverse range of organizations, from Fortune 500 companies to startups. It is also included in the curricula of prestigious institutions such as Harvard Business School and Rice University’s Business School. The company offers features such as Julius Teams for collaboration, Notebooks for advanced users, and direct warehouse connections.
The $10 million investment will fuel the continued development of Julius’s AI capabilities, expand its user base, and accelerate its journey toward transforming how the world interacts with data, with the ultimate goal of becoming a proactive data analyst in every knowledge worker’s pocket.
KEY QUOTES:
“Our customers span Fortune 500 companies, startups, and everything in between. And the pattern is very clear: users are impatient with waiting for answers. A hospitality company forecasts across 87,500+ properties in minutes, not months. A hedge fund models currency impacts on energy prices between meetings. A legal startup’s finance team tracks metrics in real-time instead of reconciling spreadsheets after the fact.”
“Even business professors recognize that Julius is the future of data analytics and are teaching the product to the next generation of business leaders. Harvard Business School featured Julius as the data analysis tool of choice in their required “Data Science and AI for Leaders” course to over 900 students this past semester. Rice University Business School dedicates multiple units in their data science courses to teaching Julius. Much like Excel became essential in the 90s, Julius is becoming the standard for today’s business leaders.”
Rahul Sonwalkar, CEO of Julius AI
