Soda, a New York City-based company specializing in AI-enabled data quality solutions, has raised $14 million in a recent funding round. The round was backed by Singular and Point Nine.
Strategic Growth and Expansion
The funds will be utilized to expand Soda’s global team and enhance its headquarters with experienced go-to-market talent to drive its growth in North America.
Innovative Data Quality Solutions
Led by CEO Maarten Masschelein, Soda offers an AI-enabled data quality platform that provides comprehensive management solutions to test, debug, and prevent data issues. This platform ensures that users have access to reliable, high-quality data, thereby improving decision-making processes.
Industry Recognition and Technological Advancements
Soda’s platform has garnered recognition from leading industry analysts and platforms such as Gartner, Thoughtspot, and Modern Data Stack.
In 2023, Soda introduced SodaGPT, positioning itself as a GenAI-first platform by leveraging generative AI for data quality testing. The company continues to innovate with the release of new AI features under the Soda AI suite. This suite includes tools such as SodaGPT, anomaly detection, and OpenAI assistants, all designed to enhance productivity and data quality management.
Conclusion
The latest funding round reinforces Soda’s commitment to advancing data quality through AI-enabled solutions and supports its continued expansion in the competitive North American market.
