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Bobsled builds a cross-cloud data sharing platform that enables seamless information exchange between major cloud computing providers like Snowflake, Databricks, Microsoft Azure, and AWS. The enterprise software solution allows customers to bypass multi-cloud complexity and analyze shared data faster directly within their existing data lakes and warehouses. The venture-funded startup was originally founded in late 2021 by Chief Executive Officer Jake Graham, a former Microsoft Azure, Neo4j, and Intel executive, alongside a team of co-founders. To simplify complex analytics workflows across different cloud environments, the growing company has successfully raised a total of $24 million, highlighted by an April 2023 Series A round. This $17 million financing was co-led by Greycroft and Madrona Venture Group, bringing Bobsled to an $87 million valuation following an earlier $7 million seed round supported by 406 Ventures.
Bobsled, Inc. has raised $24.0M across 2 funding rounds.
Bobsled, Inc. has raised $24.0M in total across 2 funding rounds.
Bobsled, Inc. has raised $24.0M in total across 2 funding rounds.
Bobsled, Inc.'s investors include Greycroft, Madrona Ventures, Airtree Ventures, Amasia, Cedar Capital Group, Five Sigma, Foundamental, Salesforce Ventures, Softbank Group, SoftBank Investment Advisers, Tiger Global Management, .406 Ventures.
Bobsled, Inc. is a Los Angeles-based technology company founded in 2021 that builds a data sharing platform, enabling companies to publish data from any cloud to any destination without managing subscriptions or configurations.[1][2][3] It serves data providers, SaaS companies, and analytics providers by turning files and tables into production-ready data products for AI experiences, ensuring secure access and governance across platforms.[1][3] The platform solves data silos and integration challenges, powering instant insights for consumers and allowing seamless sharing into customer workflows, with $17M raised from investors like Greycroft, Madrona, Aviso Ventures, and 406 Ventures, and reported revenue of $10.5M.[2][3]
Bobsled was founded in 2021 in Los Angeles, California, by CEO Jake Graham, an experienced product leader in data infrastructure, ML, and analytics; Andrew Jefferson; and Josh Neckes.[2] The idea emerged to create the first data sharing platform amid growing needs for cross-cloud data delivery, automated feeds, and AI-ready data products, addressing pain points in data management and orchestration.[1][2] Early traction came from venture backing, including a $17M round, positioning it as a key player in data & analytics SaaS.[2][3]
Bobsled rides the AI data revolution trend, where demand for instant, secure data products surges as businesses build AI experiences amid exploding cloud and analytics adoption.[1][4] Timing aligns with market forces like fragmented clouds and data silos, enabling faster analysis without heavy ETL, which favors Bobsled's model over traditional integration tools.[2][4] It influences the ecosystem by empowering data businesses to monetize assets cross-platform, boosting startup efficiency in big data, SaaS, and ML spaces.[1][3]
Bobsled is poised for expansion as AI demands scalable, governed data sharing, potentially scaling revenue beyond $10.5M through deeper enterprise adoption and new features like advanced orchestration.[3] Trends like multi-cloud proliferation and agentic AI will shape its path, amplifying its network effects via investor-backed growth. Its influence may evolve into a standard for data products, turning today's platform into tomorrow's AI data backbone—solidifying its role in powering global data businesses.[1][2]
Bobsled, Inc. has raised $24.0M across 2 funding rounds. Most recently, it raised $17.0M Series A in April 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2023 | $17M Series A | Greycroft, Madrona Venture Group | Airtree Ventures, Amasia, Cedar Capital Group, Five Sigma, Foundamental, Salesforce Ventures, Softbank Group, SoftBank Investment Advisers, Tiger Global Management | Announced |
| Apr 1, 2023 | $7M Seed | — | .406 Ventures, Pareto Holdings, Marcus Bartram, SAM Palmisano | Announced |