Pantomath secures $14m Series A funding led by Sierra Ventures

Pantomath secures $14m Series A funding led by Sierra Ventures

Pantomath, a “data pipeline observability and traceability platform”, has successfully completed a Series A funding round, amassing $14m.

This funding initiative was spearheaded by the Silicon Valley mainstay Sierra Ventures. Notably, the roster of investors also included previous Series Seed contributors Bowery Capital and Epic Ventures.

Diving deeper into the workings of Pantomath, it serves as a platform that offers insights into data pipeline observability and traceability. The company’s origins trace back to 2022 and credit its inception to Somesh Saxena.

With a storied career at GE Aerospace, where he championed data & analytics for a staggering 18,000 data consumers, Saxena’s wealth of experience across varied programmes, from enterprise data & analytics to robotic process automation, has granted him a nuanced perspective on the challenges faced by data professionals.

The newfound capital will be funnelled primarily towards harnessing the power of AI and pushing Pantomath’s footprint into new territories. Somesh Saxena elaborated on the platform’s AI capabilities, stating, “Our AI-driven platform allows customers to detect data reliability issues through real-time alerts, troubleshoot them with end-to-end cross-platform technical lineage and aggregated logs, identify root-cause instantly, and resolve issues quickly with automated impact analysis.”

In an age where data-driven decisions shape the business landscape, the necessity for reliable data is paramount. In the midst of organisations grappling with data inconsistencies, Pantomath’s real-time monitoring system offers a beacon of hope by ensuring operational reliability across intricate data analytics ecosystems.

Building on its impressive trajectory since inception, Pantomath’s clientele features several heavyweights like Paycor, Coterie Insurance, and G&J Pepsi-Cola Bottlers, amongst others. Rick Huff, Chief Information Officer at Paycor, shared his endorsement, “Pantomath provides end-to-end traceability, which enables our teams to focus on building new solutions instead of getting mired down in operational tasks.”

In a noteworthy addition, Pantomath has successfully raised a cumulative total of $18m within a mere span of 16 months.

Keep up with all the latest FinTech news here

Copyright © 2023 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.