Y42
fund manager
sector
Technology and Software
geography
Europe
Vintages
status
Portfolio
category
#Innovative

Y42

Co-invested company
Headquartered in Berlin, Y42 has developed a platform that transforms any business into a data-driven enterprise, enabling all employees to become data analysts. It works with digital companies in Europe and North America and plans to innovate in the field of metadata to improve data management.
Y42 team, part of the Private Equity manager's portfolio Insight Partners

Y42 key figures

2020
year established
+ 70
employees
22
different nationalities in the teams
36 M$
raised in 3 years
*Source: Public data from company websites and social networks. For the most up-to-date information, we invite our investors to consult the reports available in their own space.

About Y42

German company Y42 aims to solve the problems arising from costly, compartmentalized modern data stacks, which many companies struggle to manage.

The founders of Y42 don't see data as a technical problem, but rather as a business problem. Their tool can turn any company into a data company, and any employee into a data analyst, by building the first scalable data platform that can be used by everyone in the company, not just the experts.

Hung Dang founded the Berlin-based company in 2020 after realizing during his professional experiences in start-ups and consulting firms that organizations were multiplying the problems associated with data processing. He believes that "data isn't a technical problem, it's a business problem. Our platform can turn any company into a data company, and any person into a data analyst. While the main data flow challenges of the modern data stack - data movement, manipulation and visualization - are being solved, we can already see that the next wave of innovation will occur around metadata, with elements such as cataloging, lineage, orchestration, quality control, auditing and access control. As an end-to-end solution, we have a clear advantage for this next generation of products.

‍Thecompany offers its services to numerous digital companies with annual sales of between €100,000 and €100 million in Europe and North America.

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