Popsink raised EUR 880k

We're proud to announce that Popsink has raised a pre-Seed round of EUR 880k with Seedcamp, XAnge, Kima Ventures and business angels to accelerate its development.

Feb 2, 2022

Popsink raised EUR 880k

Today we're extremely proud to announce that Popsink has raised EUR 880k led by Seedcamp to accelerate our mission to make building real-time data services easy and accessible to any data team. We're also deeply grateful for the investors that joined us on this round: XAnge, Kima Ventures and the business angels that added their support: Amirhossein Malekzadeh (ex Co-founder and CEO at Logmatic, acquired by Datadog), Gabriel-James Safar (Director of Product Management at Datadog), Antoine Lizée (Data Community Lead at Alan) and Jean-Mathieu Saponaro (Data & Analytics Engineering Manager at Datadog). We are looking forward to building an amazing service together!

The future of real-time data services.

As is custom, here comes the Gartner quote:

By 2022, more than half of major new business systems will incorporate continuous intelligence that uses real-time context data to improve decisions.

Source: Gartner, 2019

Currently, the technical bar to build continuous data models is too high and the users with the ability to model actionable insights out of heterogeneous datasets are locked out of it. We aim to fix that. At Popsink we believe this is a tooling problem: we make it easy for any data users to build real-time data services using only SQL, enabling entire organizations to build production-grade data products in mere minutes. From real-time and user-facing analytics to customer activation and hyper-automation of operations: if you can do it with an ETL or ELT process today, you can make a data service out of it in Popsink.

Use of funds.

Founds will primarily go towards development for the major part of the year as well as support activities and growth later on. This is majorly driven by recruitment (check out the positions here) and related expenses as well cloud infrastructure and administrative bills.

Using Popsink.

Interested in joining the Popsink pilot program? Reach out to us at founders@popsink.dev !

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