Dataminr, which ingests information from a mix of 100,000 public data sources, and then based on that provides customers real-time insights into ongoing events and new developments, has closed on $475 million in new funding. Dataminr has confirmed that this Series F values the company at $4.1 billion as it gears up for an IPO in 2023.
Dataminr, a NYC-based real-time information discovery company, closed a $475m financing round at a $4.1 billion valuation
The New York-based company is poised to more than double its 2018 valuation of $1.6 billion in the new funding round, which is set to feature participation from some existing investors. Dataminr previously received backing from Morgan Stanley’s Tactical Value Fund, MSD Capital, Valor Equity Partners and Goldman Sachs Group Inc.