#USA #New York #AI Platform #Supper #Union Square Ventures

Supper Secures $11 Million Seed Funding

In an exciting development for data-driven businesses, Supper, an innovative data platform, has announced successful seed funding amounting to $11 million. This funding round was led by Union Square Ventures (USV), with participation from notable investors including BoxGroup, Inspired Capital, Torch Capital, and Avid Ventures. The primary goal of this financial boost is to enhance the accessibility and usability of data for fast-growing companies, allowing them to navigate the complexities of data management effortlessly.

Co-founded by industry veterans Lowell Putnam and Andrew Salamon, Supper aims to eliminate the traditional challenges associated with data access. With their combined experience in founding successful companies, including Quovo and Hims & Hers, the duo is well-equipped to tackle the pressing issue of data inefficiency in the corporate sector.

Lowell Putnam, the Co-founder and CEO, highlighted a common frustration among teams in high-growth companies: spending endless hours wrangling data. “Employees often spend significant time rewriting SQL, searching for definitions, and fusing numbers together in Excel, leading to a lack of trust in the data they are using,” he explained. Supper seeks to address these inefficiencies by providing a platform where users can simply pose a question and receive immediate insights, empowering faster decision-making.

“Our aim was to create a platform that feels uncomplicated for users while being robust in its capabilities,” stated Andrew Salamon, Co-founder and President of Supper. The platform not only aggregates data but also cleanses and structures it, building a semantic layer that enhances security and usability. The result is a tool that provides reliable answers quickly, fostering trust amongst team members.

Rebecca Kaden, Managing Partner at USV, expressed confidence in Supper’s vision, stating, “We see enormous potential in tools that turn data into collective knowledge and sources of trust. Supper delivers on that vision with a team that has a proven track record in solving complex problems.”

One of the standout benefits of the Supper platform is the self-serve data access it provides to business users. This functionality effectively liberates engineering and analytics teams from the burden of ad-hoc data requests. Consequently, they can focus their efforts on more strategic initiatives, thus enhancing product velocity and driving growth. A Chief Technology Officer from a Series A SaaS company shared, “With Supper, our engineering team saves 7–8 hours each week on inquiries from our executive team. It has transformed our approach to data management.”

Supper operates as an agentic data platform that understands its clients' businesses intimately. By integrating seamlessly with both software-as-a-service (SaaS) tools and data warehouses, Supper normalizes and cleanses the data, making it easily interpretable and completely semantic. This innovative platform answers critical business questions, develops intricate dashboards, and accelerates research projects, allowing organizations to make informed and timely decisions.

In conclusion, Supper’s recent funding marks a significant step towards transforming how businesses interact with data. The platform stands poised to become an indispensable tool for companies seeking to leverage their data effectively, enabling them to adapt quickly in a competitive landscape. To learn more about this innovative platform, visit supper.co.