Top 12 Data Mining Startups and Companies to Watch [2023]

Have you ever wondered who is on the list of Data Mining Companies with the highest growth rates?

You’re not alone.

There are hundreds of Data Mining Companies found there, and keeping track of the hottest new startups can be challenging.

But don’t worry, we’ve got you covered. Here are the top 12 fast-growing Data Mining Startups that have top-tier venture capital funding.

What is Data Mining Startups?

Data mining startups are companies that specialize in analyzing large datasets to uncover patterns and correlations. This process involves collecting and sorting data from various sources, such as web logs, customer databases, and social media, to make predictions and decisions. 

Data mining startups can help businesses make more informed decisions and gain valuable insights into their operations.

Top 12 Fastest-Growing Startups In Data Mining

1) CleverTap

CleverTap is a customer lifecycle management and engagement software that helps businesses retain and develop their customers over time.

Details of the startup:

• Country: United States
• City: Mountain View
• Started in: 2013
• Founders: Anand Jain, Sunil Thomas, Suresh Kondamudi
• Number of employees: 251-500
• Funding amount: $76,600,000
• Number of funding rounds: 5
• Number of investors: 5

You can find their website here.

2) Domino Data Lab

Use the power of data science to solve the world’s most pressing problems.

Details of the startup:

• Country: United States
• City: San Francisco
• Started in: 2013
• Founders: Chris Yang, Matthew Granade, Nick Elprin
• Number of employees: 101-250
• Funding amount: $123,600,000
• Number of funding rounds: 7
• Number of investors: 10

You can find their website here.

3) ByteDance

ByteDance is an Internet technology firm that explores an universe of innovative content platforms.

Details of the startup:

• Country: China
• City: Shanghai
• Started in: 2012
• Founders: Yiming Zhang
• Number of employees: 10001+
• Funding amount: $9,405,000,000
• Number of funding rounds: 12
• Number of investors: 29

You can find their website here.

4) Ogury

Ogury is working to create a world of highly effective and long-lasting advertising that is based on customer privacy protection.

Details of the startup:

• Country: France
• City: Paris
• Started in: 2014
• Founders: Jean Canzoneri, Jonathan Ferrebeuf, Jules Minvielle, Mathieu Desve, Thomas Pasquet
• Number of employees: 251-500
• Funding amount: $92,000,000
• Number of funding rounds: 5
• Number of investors: 5

You can find their website here.

5) Profitero

Profitero is the go-to eCommerce performance analytics platform for the world’s most well-known brands.

Details of the startup:

• Country: Ireland
• City: Dún Laoghaire
• Started in: 2010
• Founders: Dmitry Vysotski, Konstantin Chernysh, Vol Pigrukh
• Number of employees: 251-500
• Funding amount: $48,724,472
• Number of funding rounds: 6
• Number of investors: 10

You can find their website here.

6) CoinGecko

CoinGecko is a cryptocurrency data portal that offers digital currency values and basic analyses.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2014
• Founders: Bobby Ong, TM Lee
• Number of employees: 11-50

You can find their website here.

7) Guiabolso

Guiabolso provides a B2C financial management and marketplace app, as well as an Open Banking SaaS solution (B2B).

Details of the startup:

• Country: Brazil
• City: Pinheiros
• Started in: 2012
• Founders: Benjamin Gleason, Thiago Alvarez
• Number of employees: 101-250
• Funding amount: $66,000,000
• Number of funding rounds: 6
• Number of investors: 15

You can find their website here.

8) Growth Tribe

Growth Tribe exists to encourage adults to continue to learn.

Details of the startup:

• Country: The Netherlands
• City: Amsterdam
• Started in: 2015
• Founders: David Arnoux, Kees van Nunen, Peter van Sabben, Pia Ella Elmegård, Quentin Lacointa
• Number of employees: 101-250
• Funding amount: € 5,000,000
• Number of funding rounds: 2
• Number of investors: 1

You can find their website here.

9) Qlue

Qlue is a social networking app that connects you to officials and your community.

Details of the startup:

• Country: Indonesia
• City: Jakarta
• Started in: 2014
• Founders: Rama Raditya
• Number of employees: 11-50
• Funding amount: $550,000
• Number of funding rounds: 6
• Number of investors: 6

You can find their website here.

10) Palturai

Palturai is a relationship database that offers solutions for networking, social networking, and data scoring.

Details of the startup:

• Country: Germany
• City: Hofheim Am Taunus
• Started in: 2014
• Founders: Sascha Stürze, Tilo Walter
• Number of employees: 11-50
• Funding amount: € 5,500,000
• Number of funding rounds: 2
• Number of investors: 3

You can find their website here.

11) TrendMiner

For process industry subject matter experts, TrendMiner provides Discovery, Diagnostic, and Predictive analytics tools.

Details of the startup:

• Country: Belgium
• City: Hasselt
• Started in: 2007
• Founders: Bert Baeck, Thomas Dhollander
• Number of employees: 51-100
• Funding amount: € 9,085,000
• Number of funding rounds: 5
• Number of investors: 5

You can find their website here.

12) edrone

Edrone is a self-contained e-commerce CRM software that specializes in advanced marketing automation.

Details of the startup:

• Country: Poland
• City: Krakow
• Started in: 2014
• Founders: Michal Blak, Rahim Blak
• Number of employees: 51-100
• Funding amount: $5,879,737
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

FAQs

Is Data Mining Business Profitable?

Data mining can be a very profitable business, depending on the industry and the data being mined. Companies use data mining to glean insights from large datasets, which can help them make better decisions and create more targeted marketing campaigns. 

Companies are willing to pay top dollar for insights that can give them a competitive edge. Additionally, data mining services can be used to create custom software and analytics tools, which can also be profitable.

What Is The Average Investment In Data Mining?

The average investment in data mining depends largely on the specific project, level of expertise, and desired outcomes. Generally speaking, investments in data mining can range from a few thousand dollars to hundreds of thousands of dollars.