y42 raised a $31 million Series A funding round co-led by Atomico and Insight Partners

y42, a Berlin, Germany-based SAAS developer of a data business intelligence service, announced that it raised $31 million series A funding round.

The money was raised from investors co-led by Atomico and Insight Partners, and joined by existing shareholders La Famiglia and Data Community Fund.

y42, founded in 2020 by CEO Hung Dang, built a software tool used to provide its users with an end-to-end data platform that can replace the various tools they are using today to integrate, transform, orchestrate and visualize their data. It is a no-code, collaborative data platform that integrates with more than 100 data sources, covering all the standard B2B SaaS tools, from Airtable to Shopify and Zendesk, as well as database services like Google’s BigQuery. Users can then transform and visualize this data, orchestrate their data pipelines and trigger automated workflows based on this data. The company has around 70 employees supporting customers like LifeMD, Petlab and Everdrop.

y42 previously raised a $2.9 million seed funding round in March 2021.