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Prefect - About the company

Prefect is a series B company based in Washington, DC (United States), founded in 2017 by Jeremiah Lowin. It operates as an Offers an open source data flow automation platform. Prefect has raised $43.6M in funding from Tiger Global Management. The company has 424 active competitors, including 75 funded and 28 that have exited. Its top competitors include companies like Databricks, Cloudera and Snowflake.

Company Details

Prefect offers an open-source data flow automation platform. The product offerings include Prefect Core, to run data applications, built on Python and composed of a task library that enables looping, adding parameters, mapping dynamic tasks, and more. Another offering is Prefect Cloud, a command center for user workflows enabled by Cloud UI, state locking, hybrid execution, GraphQL for ETL, and more. The clients of the company include CISCO, SymphonyRM, trademe, etc.
Social
X
Registered Address
Washington, District of Columbia
Key Metrics
Founded Year
2017
Location
Washington, DC, United States
Stage
Series B
Total Funding
$43.6M in 3 rounds
Latest Funding Round
Ranked
Employee Count
168 as on Sep 30, 2026
Investment & Acquisitions
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Prefect's funding and investors

Prefect has raised a total funding of $43.6M over 3 rounds. Its first funding round was on Dec 12, 2019. Its latest funding round was a Series B round on Jun 10, 2021 for $*****. 3 investors participated in its latest round. Prefect has 9 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Prefect:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 10, 2021
5515717
Series B
4419926
8102792
2149190
6763059
Dec 01, 2020
9315488
Series A
3488878
8408191
6571954
Dec 12, 2019
2033522
Conventional Debt
8114105
2171647
9232431
3623359
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Prefect's founders and board of directors

Founder? Claim Profile
The founders of Prefect is Jeremiah Lowin. Jeremiah Lowin is the CEO of Prefect.
Here are the details of Prefect's key team members:

Prefect's Board of Directors

Prefect's board has 2 active members. Jeremiah Lowin and Patrick W. OShaughnessy are independent board members.
Here is the list of Prefect's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
6y 9m
mrahnya
Independent board member
-
Current
3y 8m

Prefect's employee count trend

Prefect has 168 employees as of Sep 26. Here is Prefect's employee count trend over the years:
Employee count trend for Prefect
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Prefect's Competitors and alternates

Top competitors of Prefect include Databricks, Cloudera and Snowflake. Here is the list of Top 10 competitors of Prefect, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Databricks
Databricks
2013, San Francisco (United States), Series L
Developer of unified data and artificial intelligence software platform solutions
$25.2B
84/100
2nd
Logo for Cloudera
Cloudera
2008, Palo Alto (United States), Acquired
Provider of hybrid data platform, data management, and AI solutions
$1.04B
80/100
3rd
Logo for Snowflake
Snowflake
2012, Bozeman (United States), Public
Provider of cloud-based data platform for analytics and data sharing
$1.56B
80/100
4th
Logo for Matillion
Matillion
2010, Altrincham (United Kingdom), Series E
Provider of cloud native data integration and automation software solutions
$312M
74/100
5th
Logo for QlikTech
QlikTech
1993, Radnor (United States), Acquired
Provider of data integration, data quality, and analytics solutions
$12.5M
72/100
6th
Logo for Ascend
Ascend
2015, Palo Alto (United States), Series B
Developer of a platform providing data pipeline development and automation
$54M
72/100
7th
Logo for Fivetran
Fivetran
2012, Oakland (United States), Series D
Provider of a platform for automated data movement and integration
$730M
72/100
8th
Logo for dbt Labs
dbt Labs
2016, Philadelphia (United States), Series D
Provider of data transformation and preparation tools
$416M
71/100
9th
Logo for Airbyte
Airbyte
2020, San Francisco (United States), Series B
Developer of a platform for data integration and movement
$181M
70/100
10th
Logo for Nexla
Nexla
2016, San Mateo (United States), Series B
Provider of AI-powered data integration platform designed for enterprise agent applications
$33.5M
68/100
18th
Logo for Prefect
Prefect
2017, Washington, DC (United States), Series B
Offers an open source data flow automation platform
$43.6M
62/100
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Prefect's Investments and acquisitions

Prefect has acquired 2 companies including Dagster and SLATE. Prefect has not made any investments as of now.

Reports related to Prefect

Here is the latest report on Prefect's sector:

News related to Prefect

Media has covered Prefect for 1 event in last 1 year.
•
Introducing Prefect 3.0Prefect•Jun 25, 2024•Prefect
•
Prefect Appoints Adam Azzam as AI Product LeadAiThority•Jun 15, 2023•Prefect
•
Prefect Raises $11.5m In Series A FundingFinSMEs•Feb 09, 2021•Prefect
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