Sifflet Secures $18M Funding to Boost Data Observability Expansion
Deal News | Jun 19, 2025 | PR Newswire Cision Sifflet
Sifflet, a leading AI-native data observability platform, has successfully raised $18M in new funding, underlining its strong growth trajectory. Founded in 2021, Sifflet has focused on tackling data quality, reliability, and health for enterprises, making GenAI a reality effectively. With this funding round led by existing shareholders EQT Ventures and Mangrove Capital Partners, and new investor Capmont Technology, Sifflet plans to expand its footprint in North America. The company highlights its unique position in the marketplace, addressing data issues through technical and business lenses. Sifflet has tripled its customer base and revenue within the past year, partnered with major clients like Saint-Gobain, Penguin Random House, and Euronext. This funding aims to bolster their market strategy, product innovation, and to expand their reach. The platform's AI-native approach has poised Sifflet as a crucial player in the shift towards AI-driven enterprises.
Sectors
- Data Technology
- Venture Capital
- Artificial Intelligence
Geography
- North America – Sifflet plans to expand its operations significantly in North America, where there is increasing demand for data observability solutions.
- Europe – Sifflet already serves enterprises across Europe, indicating their existing market presence and importance of the region for their operations.
Industry
- Data Technology – Sifflet operates in the data technology sector, providing data observability solutions that ensure data quality and reliability, essential for analytics and AI initiatives.
- Venture Capital – The funding round involves venture capital firms like EQT Ventures and Mangrove Capital Partners, which highlights the involvement of venture capital in Sifflet's growth and expansion.
- Artificial Intelligence – Sifflet's platform supports AI-driven enterprises by ensuring data reliability, thereby aligning with the artificial intelligence industry.
Financials
- $18M – The total amount raised in the recent funding round by Sifflet from investors EQT Ventures, Mangrove Capital Partners, and Capmont Technology.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sifflet | Target Company | Company | A leading AI-native data observability platform founded in 2021, focused on data quality and reliability to fuel AI and analytics initiatives. |
| EQT Ventures | Investor | Company | A venture capital firm providing investment in Sifflet to support its growth and expansion. |
| Mangrove Capital Partners | Investor | Company | A venture capital firm that has continued to invest in Sifflet, supporting its path of growth and innovation. |
| Capmont Technology | Investor | Company | A new investor in Sifflet, contributing to its latest $18M funding round. |
| Pete Williams | Chief Data Office of Penguin Random House | Person | A client of Sifflet, highlighting the platform's importance in maintaining data reliability at Penguin Random House. |
| Salma Bakouk | Co-founder and CEO | Person | Leading Sifflet as the CEO, focusing on expanding the company's reach and product capabilities. |
| Yannick Oswald | Investor at Mangrove Capital Partners | Person | An investor expressing strong conviction in Sifflet's potential and past performance. |
| Rémi Bastien | Industry Leader | Person | Recently joined to scale Sifflet’s global operations, bringing experience from Content Square. |
| Romain Doutriaux | Industry Leader/Head of Marketing | Person | Joins Sifflet to lead pipe gen efforts, previously from Pigment, and currently head of marketing. |
| Torsten Kreindl | Founding Partner at Capmont Technology | Person | Contributing to the investment round, supporting Sifflet as they scale globally. |
| Carl Svantesson | EQT Ventures partner | Person | Partner at EQT Ventures, sees Sifflet as setting new standards in data observability. |