Uncountable, a platform for digital transformation in industrial research and development, announced it has raised $27 million in an oversubscribed Series A funding round. The funding round was led by Sageview Capital with participation from SE Ventures, the specialist venture fund backed by Schneider Electric, and all existing investors, Teamworthy, 8VC, and MK Capital.
What Uncountable does: Uncountable provides a cloud-based solution purpose-built for R&D environments, enabling enterprises to unify experimental data, accelerate product development cycles, and deploy AI-driven optimization tools. And the company has driven profitable growth over the past 9 years, scaling to 90 employees and serving 120+ industry-leading customers, including Sika, Beiersdorf, Mondelez, and Clariant.
How the funding will be used: The funding will enable Uncountable to deepen its AI and machine learning capabilities, expand enterprise partnerships in QA/QC/PLM environments, and further scale customer support to meet growing demand across regulated and data-intensive industries.
Founders: The company, founded by Noel Hollingsworth, Jason Hirshman, and Will Tashman, supports innovation at global leaders in chemicals, materials, cosmetics, food, energy, and pharmaceuticals, by addressing one of the core bottlenecks in modern R&D: fragmented, siloed data systems.
New board members: As part of the investment, Caitlin Vorlicek, Principal at Sageview Capital, and Mike Crowe, former CIO of Colgate-Palmolive, will be joining the board of directors.
KEY QUOTES:
“We’re proud to partner with Sageview at this pivotal moment for Uncountable. Their expertise in scaling SaaS platforms and commitment to long-term collaboration makes them an ideal partner as we help the world’s most innovative companies transform how they build and launch new products.”
Noel Hollingsworth, co-founder and CEO of Uncountable
“Uncountable is addressing a significant upgrade cycle in R&D departments, where the ability to leverage AI depends on addressing the existing lack of unified data systems across laboratories.”
“Noel, Jason, and Will are exceptional visionaries who have solved not only the data challenge, but also the AI capabilities that modern R&D departments need to compete with today’s accelerating pace of innovation. We are thrilled to support Uncountable’s continued momentum and scale through our network and go-to-market expertise.”
Caitlin Vorlicek, Principal at Sageview Capital
“R&D is undergoing a generational shift, and companies that fail to modernize their data infrastructure will fall behind. Our mission has always been to empower scientists and engineers with tools that unify their workflows and unlock the full potential of AI. With Sageview’s and SE Ventures’ backing, we’re accelerating that mission—bringing intelligent, scalable solutions to some of the world’s most complex innovation challenges.”
Jason Hirshman
“At SE Ventures, we back founders driving transformational change in industrial markets. Uncountable has built a system of record that R&D teams love and scaled the business with impressive capital efficiency. With Schneider Electric’s deep footprint in Uncountable’s core markets, we’re excited to bring strategic value in addition to our investment and help power their next phase of growth.”
Varun Jain, General Partner at SE Ventures
