Dataminr Closes $475M Financing at $4.1 Billion Valuation


Dataminr, a NYC-based real-time information discovery company, closed a $475m financing round at a $4.1 billion valuation.

Backers included Eldridge, Valor Equity Partners, MSD Capital, Reinvent Capital, ArrowMark Partners, IVP, Eden Global, investment funds managed by Morgan Stanley Tactical Value and Lurra Capital, an invitation-only private capital investment firm headquartered in Switzerland.  

The company intends to use the funds to accelerate growth of its corporate enterprise business line, and make further investments in internationalization, expanding its private and public sector sales presence across the Europe and Asia-Pacific regions. 

Led by Founder and CEO Ted Bailey, Dataminr has created a real-time information discovery platform which detects digital patterns of emerging events and critical information from public data signals. Today, the company’s AI Platform performs trillions of daily computations across billions of public data inputs from over 100,000 unique public data sources.

Alongside its corporate product, Dataminr Pulse, the company provides public sector organizations with First Alert for first response, and Dataminr for News, which is used in more than 650 newsrooms and by over 30,000 journalists around the world.

Dataminr plans to continue its public data source expansion across global and regional social media platforms, blogs, web forums, audio and radio transmissions, the deep and dark web, cyber signals, and public IoT sensors, and to broaden the scope of its AI Platform through deeper investment in fields of AI, spanning multi-modal event detection, multi-modal fusion AI, and dynamic human-AI feedback loops with domain experts.

The company has 650 employees across seven global offices.