With this round of funding, Astronomer plans to expand its capabilities, strengthen its commitment to the open-source community and consolidate its position as a leader in infrastructure for enterprise AI. Astronomer is experiencing rapid growth, with annual recurring revenue up 150% for Astro, its SaaS platform based on Apache Airflow (which helps automate data flows, from collection to use).
The company also boasts a net retention rate of 130% and product utilization of over 90% among its customers. Astro, initially focused on data orchestration, has evolved into a unified DataOps platform (making data reliable, available and actionable quickly), integrating features such as data observability, quality management, and cost optimization. This evolution meets the needs of companies looking to deploy AI on a large scale, ensuring the reliability and scalability of data pipelines.
Apache Airflow, at the heart of Astronomer's solution, has become a data orchestration standard, used by over 80,000 organizations and recording over 324 million downloads in 2024. The recently launched version 3.0 introduces major enhancements in terms of security, flexibility and support for AI workloads.
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