Pantomath – a data pipeline observability and traceability platform – recently announced that it completed $14 million in Series A funding in early September, led by Sierra Ventures and included Series Seed investors Bowery Capital and Epic Ventures. The company has now raised $18 million in only 16 months. This additional funding will be used to innovate through AI and expand to new territories.
The company was launched last year by Somesh Saxena, who previously was a Data & Analytics leader at GE Aerospace, supporting 18,000 data consumers through his organization. And he led multiple programs at the company, including enterprise data & analytics, self-service data, big data, and robotic process automation, giving him unique insights into the problems and challenges data teams encounter.
As companies are striving to be more data-driven, data reliability is essential. And most organizations struggle with bad data, making poor business decisions that can directly impact their bottom line. Pantomath’s automated cross-platform pipeline lineage and real-time monitoring platform for end-to-end operations across complex data analytics ecosystems put trust back in the data.
Since being founded, Pantomath has experienced rapid growth, serving several customers, including Paycor, Coterie Insurance, CNG Holdings, Lendly, and G&J Pepsi-Cola Bottlers, amongst others like a Fortune 300 FinTech market leader and one of the largest global 3PL and freight brokerage firms in North America.
The impact of Pantomath’s data pipeline observability and traceability platform enabled its customers to reduce data reliability issues and drive a data-driven culture with data consumers trusting their data.
KEY QUOTES:
“Our AI-driven platform allows customers to detect data reliability issues through real-time alerts, troubleshoot them with end-to-end cross-platform technical lineage and aggregated logs, identify root-cause instantly, and resolve issues quickly with automated impact analysis.”
— Somesh Saxena
“Data reliability is a major issue for enterprise businesses and startups alike. Most successful businesses derive their advantages through data, making healthy data pipelines critical for success. Pantomath solves this problem head on through its innovative product.”
— Paul Bessire, Chief Data Officer at Coterie Insurance
“We selected Pantomath due to its one-of-its-kind platform that auto-discovers our data assets, visualizing these relationships in real-time across our ecosystem. Pantomath provides end-to-end traceability, which enables our teams to focus on building new solutions instead of getting mired down in operational tasks. We believe Pantomath will enable significant productivity savings while ensuring our data is reliable and trustworthy.”
— Rick Huff, Chief Information Officer at Paycor
“Pantomath’s end-to-end observability across the entire data stack has significantly reduced data downtime and increased trust in data at our company. We believe that Somesh’s experience leading Data and Analytics at a large enterprise has given him unique insights into the data operations challenges facing most companies today. We have been impressed with Pantomath’s ability to meet the needs of some of the most demanding F500 customers in a very short period of time,” said Mark Fernandes, Managing Partner at Sierra Ventures.
— Rob Brichler, Chief Technology Officer at Lendly
