Artificial intelligence startup Atlan raises $105 mn in VC funding

Atlan, the artificial intelligence startup, has raised $105 million in a VC funding round led by Singapore’s sovereign wealth fund GIC and tech investor Meritech Capital.
Atlan foundersAtlan aims to use the new capital to expand product development and its operations.

Atlan, which has raised more than $206 million following the latest series C round, operates an eponymous data stack that brings together diverse data from internal and external sources to one interface.

Its customers include software firm Autodesk, luxury retailer Ralph Lauren, exchange operator Nasdaq and Rupert Murdoch’s News Corp.

In March 2022, Atlan raised $50 million led by Salesforce Ventures, Insight Partners and Sequoia Capital India.

“The legacy players in our space include Informatica, Collibra, and Alation — and we win three quarters of the deals when we compete head-to-head with them,” Atlan Co-founder Prukalpa Sankar told Reuters.

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