DataRobot Announces Strategic Acquisition of Agnostiq
Deal News | Feb 10, 2025 | Tensility Venture Partners LLC
DataRobot, a leader in artificial intelligence and machine learning, has announced the acquisition of Agnostiq, a company specialized in agentic AI application development. This acquisition is part of DataRobot's strategy to enhance its capabilities in AI and reinforce its market position. The transaction was supported by Tensility Venture Partners LLC, reflecting their commitment to fostering innovation in AI. This strategic acquisition will enable DataRobot to streamline the integration of agentic AI into its platform, thereby offering more advanced AI-driven solutions to its customers.
Sectors
- Artificial Intelligence
- Venture Capital
Geography
- United States – The primary companies, DataRobot and Tensility Venture Partners LLC, are based in the United States.
Industry
- Artificial Intelligence – The acquisition focuses on enhancing AI capabilities, a core component of the AI industry.
- Venture Capital – Tensility Venture Partners LLC’s involvement in the acquisition illustrates its role in venture capital and innovation funding.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| DataRobot | Acquiring Company | Company | A leader in AI and machine learning, focusing on developing scalable AI-driven solutions. |
| Agnostiq | Target Company | Company | Specializes in the development of agentic AI applications. |
| Tensility Venture Partners LLC | Private Equity Support | Company | Committed to supporting innovation in AI through strategic investments. |