That's Statistics

I don't know, like probably, maybe

Author

Dan Entrup
August 25, 2025

Since last post we’ve seen 3 mergers & acquisitions, 10 funding rounds ($114.5M raised), 9 people moves & promotions, 1 new company, 4 roles, 1 article, and 2 newly added upcoming events.

Stealth Mode - Build A New Data Company

A friend is incubating a data platform tracking all investments, acquisitions, and transactions related to sports assets. Looking for people to join on the founding team.

Candidates - is this the opportunity for you? Reply to this email with your interest and any notes on prior relevant experience.

Investors, teams, leagues - would you be interested in being a customer once this is built? Please reply to this email and I’ll forward along so they can keep you posted on developments.

M&A

Check out the It’s Pronounced Data Deal Tracker for full M&A and funding rounds.

  • Databricks acquired Tecton (real-time data). PR

  • Fitch acquired Moody’s Analytics Learning Solutions (MALS) and the Canadian Securities Institute (CSI) from Moody’s. PR

  • Sidelight (data and application spend management) merged with Vema Data (market data management software). PR

*Deals are announced but may not be closed.

Funding

  • CVector (critical infrastructure data analysis) raised $1.5M in a Pre-Seed round led by Schematic Ventures.

  • Definite (data platform) raised $10M in a Seed round led by Costanoa.

  • Firecrawl (web data collection) raised $14.5M in a Series A led by Nexus Venture Partners.

  • IgniteData (clinical data integration) raised a Series A led by FCA Venture Partners.

  • Paradigm (AI-powered spreadsheets) raised $5M in a Seed round led by General Catalyst.

  • Perle (AI training data) raised $9M in a Seed round led by Framework Ventures.

  • Polestar Analytics (analytics solutions) raised $12.5M.

  • TinyFish (web data collection) raised $47M in a round led by ICONIQ.

  • Verdata (risk data and analytics) raised $8M in a Series A led by Continental Investors.

  • Zipline (data platform for AI) raised $7M in a Seed round led by Wing VC.

People Moves, Promotions, and Appointments

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New Company Alert

Serafis is an AI knowledge graph for institutional investors. The company helps accelerate research, surface new insights, and distill signal from noise through advanced vector search, smart discovery, and personalized alerts. Serafis is founded by Rohan Sharma (prior Ribbit Capital, Fifth Wall, Kosmos).

Who’s Hiring

Check out the It’s Pronounced Data job board for full listings. This week’s additions are below.

*salaries only listed where provided by the company and may vary based on location and other factors. See links for specific salary details.

What I’m Reading

Special Event

The 3rd annual World of DaaS Summit is set for May 7, 2026 in Washington D.C. The day will bring together data executives and government officials for insightful discussions and meaningful connections. The first year events took place at the Russell Senate Office Building and U.S. Capitol Building. 2025 was at The Watergate Complex, Eisenhower Executive Office Building, and The White House. They day finishes with private group dinners at top D.C. restaurants.

I’ve been fortunate to attend the first two events and look forward to the next one. For more info, check out the event page here. Be sure to check out the World of DaaS website as well for more information on joining the community.

Upcoming Events

*new events added since last newsletter

Favor

If you’ve read this far, please click here (testing out some readership analytics).

Views here are the author’s own and not of any employers or companies. The author may be compensated for pieces in this newsletter.