DataChat Closes $25M Series A

by Taylor Kennedy

DataChat closed a $25 million Series A funding round, the company announced today.

According to a release, the round was led by Redline Capital and Anthos Capital, with participation from Celesta Capital and Nepenthe Capital. The funds will be used to accelerate the execution of DataChat’s product roadmap and customer growth strategy.

“The seed round allowed us to bring the initial product vision to market and to release it to a limited set of customers,” DataChat CEO Jignesh Patel said in a statement.

DataChat previously closed a $4 million seed funding round in October 2020.