Data operations startup Matia raises $10.5 million in Seed funding
Matia streamlines data management through unified ingestion, reverse ETL, observability, and catalog. The company has offices in Miami and Tel Aviv and was co-founded by brothers Benjamin and Geva Segal in 2023.
Unified data operations platform Matia announced on Tuesday that it is emerging from stealth after raising $10.5 million in Seed funding led by Leaders Fund and Secret Chord Ventures, with participation from Cerca Partners and Caffeinated Capital. The investment will be used to expand Matia's engineering and product teams, improve the platform’s capabilities, and support go-to-market strategies.
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Founded in 2023, Matia aims to streamline data management within organizations facing accelerated growth in the artificial intelligence field. Companies today must tackle major challenges in data mobility, management, and utilization, often relying on a wide range of tools that are not always compatible. Many report using more than 26 different tools, according to a survey conducted by Enterprise Strategy Group.
“Our goal with Matia is not only to eliminate the friction that organizations encounter when dealing with disparate data tools, but to create a more powerful data operations experience,” said Benjamin Segal, CEO and co-founder of Matia, who previously was chief of staff and head of data at Pangaea. Segal founded the company alongside his brother Geva, a cyber engineer at media company Synamedia.
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Early customers of the platform include data and AI teams from companies such as Ramp, Honeybook, Obligo, and others. Matia has offices in Tel Aviv and Miami and currently has around 20 employees.
