data.world, the social network for data people, has closed USD18.7 million in venture capital funding at double the valuation of its previous round.
This second round brings the total amount of capital raised to USD32.7 million and places data.world among the technology sector’s top five venture-backed Certified B Corporations of all time.
The new capital will be used to fund rapid progress toward the company’s mission to build the most meaningful, collaborative and abundant data resource in the world.
The round was led by Pat Ryan’s family investment group and includes capital from Chicago Ventures, Fyrfly Venture Partners, Hunt Technology Ventures, LiveOak Venture Partners, Shasta Ventures, and Sherpa Asset Management.
Prominent angel investors participating in the round include: John Mackey, co-founder and CEO of Whole Foods; Danielle Pruitt, serial entrepreneur with extensive retail and design background; Arthur Patterson, co-founder of Accel and former director of the National Venture Capital Association; Walter Robb, former co-CEO of Whole Foods; Adam Ifshin, CEO of DLC Management Corp.; Ralph Mack of Mack Capital; Adam Zeplain, investor in After School and Andela; Scott Booth, initial investor in Alibaba and co-founder of Lead Edge Capital; and Kip Tindell, co-founder and Chairman of The Container Store.
“Amazing things happen when people join forces and use data to answer questions, solve problems, and rise to solve our most urgent societal challenges together,” says Brett Hurt, co-founder and CEO of data.world. “We’re proud to welcome an extraordinary group of investors on our journey to radically improve data discovery, usability, and most importantly, collaboration. Closing this second funding round so close to our first, and with most of it still in the bank, is a tremendous validation of the opportunity in front of us and the rapid progress we’ve made since our preview launch in July.”
