Pliable – an AI-powered SaaS platform that simplifies organizing and utilizing data without an engineer – recently announced that it launched out of stealth with a $2.5 million seed round led by Resolute Ventures, including participation from CEAS, Counterview Capital, and other investors. This funding round will enable Pliable to expand its team and platform to create a single source of truth for anyone to streamline their data processes.
Data engineers spend a lot of time building and maintaining data pipelines, which cost hundreds of thousands of dollars every year. And many SMBs cannot afford the personnel or tools needed to manage data pipelines effectively, let alone data analytics and modeling. By combining, de-duplicating, and validating data across multiple sources, Pliable enables users to quickly compile a source of truth for data across the entire business — ultimately replacing the need for data engineers and complicated infrastructure.
Pliable’s simple no-code architecture allows everyone (not just the data team) to consolidate, organize, and explore their company’s data across all aspects of their business, enabling them to:
1.) Access accurate, trustworthy data faster through quick and easy resolution of duplicate records, even across different systems
2.) Create a repeatable, consistent way to update company metrics, giving employees more time to focus on their priorities
3.) Utilize tools compatible with Pliable to add, enrich, and standardize information (e.g., phone numbers, addresses, etc.)
KEY QUOTES:
“Regardless of the size of your business, companies should have access to comprehensive data capabilities. While the technology for this exists, most solutions require clean and consolidated data to function properly, and others require costly investments in data engineers or infrastructure. It shouldn’t be this way – most companies don’t have the resources or time to transform their data management practices. With the launch of Pliable, we’re changing how data management works, significantly reducing costs and increasing access to trustworthy data.”
— Jason Raede, co-founder and CEO of Pliable
“We get excited by exceptional founding teams who have figured out how to optimize efficiency and impact the bottom line for a large market of customers. And so Pliable was a natural fit, accomplishing this by making data available and comprehensible for everyone and every type of business. Pliable customers can operate as the most effective version of themselves.”
— Michael Hirshland, founder of Resolute Ventures
“The modern data stack has evolved quickly, and CEAS has had a front-row seat as an early investor in Fivetran. From that seat, we see a downstream friction of non-technical user adoption for which Pliable solves. Pliable is the solution that will enable low-tech and/or low-budget data-curious teams to answer their business intelligence questions. While many new startups are entering the transformation game to compete with dbt, Pliable is expanding the pie of buyers to include a new buyer set the current modern data stack couldn’t reach.”
— Mike Wohl, chief investment officer at CEAS
