Prefect Technologies, Inc., a Washington, DC-based dataflow automation company, raised $11.5M in Series A financing.
The round was led by Patrick O’Shaughnessy, Partner at Positive Sum, with participation from Sam Teller, Partner at Valor Equity Partners; Gavin Baker, Chief Investment Officer of Atreides; Nat Friedman, CEO of GitHub, Anthony Goldbloom, CEO of Kaggle; Daniel Gross, Founder of Pioneer, and many others.
The company intends to use the funds to continue innovating its open-core platform, hire engineers, and scale its operations and go-to-market efforts.
Led by Jeremiah Lowin, Founder and CEO, Prefect provides data scientists and data engineers with Prefect Core, a data workflow engine, and Prefect Cloud, a complete workflow orchestration platform. After an initial public launch last year, Prefect Cloud recently processed its 100-millionth task while Prefect Core became the top trending repo on GitHub with the help of more than 130 open-source contributors.