Prefect Technologies Raises $32M in Series B Funding

Prefect Technologies

Prefect Technologies Inc., a Washington DC – based dataflow automation company, raised $32M in Series B funding.

The round was led by Tiger Global with participation from new investor Bessemer Venture Partners, existing investor Positive Sum and others.

The company intends to use the funds to further develop its dataflow automation platform, build out its team, and proactively execute its product-led growth strategy.

Led by Jeremiah Lowin, Founder & CEO, Prefect provides a new dataflow automation platform that reduces engineering time by automating pipelines and workflows of any complexity. Since the company’s inception, the company has served companies from every industry, including financial services, healthcare, technology, insurance, higher -education, and more.