Pantomath (see Pulse 2.0 profile here), an AI-based data operations platform, has raised $30 million in Series B funding led by General Catalyst, with participation from existing and new investors. Building on its $14 million Series A round in late 2023, this funding will support product development, market expansion, and strategic hiring to meet demand for automated AI Data Reliability Engineer (DRE) solutions.
Since launching in 2023, Pantomath has rapidly expanded, serving major Fortune 500 companies and streamlining analytics pipeline management. Andrew Connolly of WEX noted that Pantomath’s automation significantly reduces issue resolution times, ensuring reliable data for business partners.
Quentin Clark, Managing Director at General Catalyst, has joined Pantomath’s board of directors, bringing experience from scaling technology companies like Glean and Neon.
KEY QUOTES:
“Enterprises today grapple with highly manual and reactive data operations to support their data pipelines and analytics products. 74% of organizations rely on downstream end-users to discover data reliability problems, leading to isolated manual troubleshooting and incident management that according to a CDO survey takes 90% of organizations hours to weeks to resolve. Data downtime, unreliable data, and failure to meet SLAs are common occurrences in large enterprises.”
Somesh Saxena, co-founder and President of Pantomath
“Our current foundation of auto-discovered data health graphs that automates cross-platform data monitoring positions us well to expand beyond real-time detection of data issues into full self-resolution of incidents with autonomous AI DRE agents.”
Shashank Saxena, co-founder and CEO of Pantomath
“Enterprise data operations have remained stubbornly complex despite years of tooling. Pantomath is changing that with AI-native enterprise software that doesn’t just surface problems, it solves them. This is a shift from software as a passive tool to software that enacts work across the enterprise,” said Clark. “It’s the systems-of-record to systems-of-work transformation we’ve long envisioned.”
Quentin Clark, a Managing Director at General Catalyst, is joining its board of directors
