About Prefect
Prefect is a company founded in 2017 by Jeremiah Lowin. It operates as a SaaS (Software-as-a-Service), and Freemium. Prefect has raised $43.59 million across 3 funding rounds from investors including Bessemer Venture Partners, Tiger Global and Positive Sum. Prefect has completed 1 acquisition, including SLATE. Prefect offers products and services including Prefect Cloud and Prefect Core. Prefect operates in a competitive market with competitors including Fivetran, Matillion, Rivery, Arcion and Prophecy, among others.
- Founders Jeremiah Lowin
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Prefect Technologies, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$43.59 M (USD)
in 3 rounds
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Latest Funding Round
$32 M (USD), Series B
Jun 10, 2021
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Investors
Bessemer Venture Partners
& 8 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Prefect
Prefect offers a comprehensive portfolio of products and services, including Prefect Cloud and Prefect Core. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Hosted service for managing data workflow orchestration platforms.
Self-hosted platform for orchestrating data workflows efficiently.
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Funding Insights of Prefect
Prefect has successfully raised a total of $43.59M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $32 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $32.0M
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First Round
First Round
(12 Dec 2019)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2021 | Amount | Series B - Prefect | Valuation | Tiger Global Management | |
| Dec, 2020 | Amount | Series A - Prefect | Valuation | Patrick O'Shaughnessy | |
| Dec, 2019 | Amount | Debt – Conventional - Prefect | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Prefect
Prefect has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Bessemer Venture Partners, Tiger Global and Positive Sum. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early stage and later stage gaming companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Prefect
Prefect has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SLATE. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Software development, data analytics, and cloud infrastructure services are provided.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Prefect
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Prefect Comparisons
Competitors of Prefect
Prefect operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fivetran, Matillion, Rivery, Arcion and Prophecy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Data pipelines and integrations are managed through automated platforms.
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| domain | founded_year | HQ Location |
Data pipelines are developed and managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
Cloud-based data pipelines are prepared from enterprise sources.
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| domain | founded_year | HQ Location |
Real-time data pipelines are enabled via cloud-based zero-code solutions.
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| domain | founded_year | HQ Location |
Cloud-based low-code platform for data pipeline development is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Prefect
Frequently Asked Questions about Prefect
When was Prefect founded?
Prefect was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Who is the current CEO of Prefect?
Jeremiah Lowin is the current CEO of Prefect. They have also founded this company.
Is Prefect a funded company?
Prefect is a funded company, having raised a total of $43.59M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $2.5M, raised on Dec 12, 2019.
What does Prefect do?
Data orchestration platforms are developed by Prefect to manage workflows for analytics, machine learning, and data platform teams. Solutions are offered in both hosted (Prefect Cloud) and self-hosted (Prefect Core) formats, focusing on dynamic, Python-native orchestration. Scalability and observability are emphasized to ensure resilience and efficiency. Significant cost reductions and faster deployment are achieved by clients like Cash App and Endpoint across multiple cloud environments.
Who are the top competitors of Prefect?
What products or services does Prefect offer?
Prefect offers Prefect Cloud and Prefect Core.
How many acquisitions has Prefect made?
Prefect has made 1 acquisition, including SLATE.
Who are Prefect's investors?
Prefect has 9 investors. Key investors include Bessemer Venture Partners, Tiger Global, Positive Sum, Patrick O'Shaughnessy, and Sam Teller.
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