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Posted on 13/09/2023 in Software and IT

Data Assets Raises $7M

Gable.ai, a Seattle-based data collaboration platform, has raised $7 million in Seed funding to build and manage data assets. The round was led by Zetta Venture Partners, Crane Venture Capital, and Essence Venture Capital, with participation from angel investors with deep data experience. Gable.ai's platform uses "data contracts" to define, enforce, and discover agreements between software developers who own upstream data sources and data developers/analysts who consume data. This helps to ensure the quality of data assets and meet the needs of BI and AI in the modern enterprise.

Chad Sanderson, Gable.ai's CEO and co-founder, is a data industry thought leader and creator of "Data Quality Camp," a data community with 8,000+ engaged data practitioners. He also writes the Data Products newsletter with 11,000+ subscribers. Co-founders include Adrian Kreuziger and Daniel Dicker. Gable.ai is well-positioned to capitalize on the growing demand for data collaboration platforms. The global market for these platforms is expected to reach $10 billion by 2025. Gable.ai's platform is unique in that it uses data contracts to ensure the quality of data assets. This makes it a valuable tool for businesses that need to use data to make informed decisions.

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