Socrata - About the company
Socrata is an acqui-hired company based in Plano (United States), founded in 2007 by Will Pugh. It operates as a Government Data democratization platform. Socrata has raised $54.9M in funding from OpenView and Sapphire Ventures. The company has 105 active competitors, including 12 funded and 10 that have exited. Its top competitors include companies like Golden, Open Data Soft and People Data Labs.
Company Details
Socrata is a Seattle-based cloud software company, focused exclusively on democratizing access to government data. Socrata invented 'Socrata API Foundry' to make the rapid implementation of an API-first, digital strategy at scale, easy and cost-effective to empowers a business analyst to create an open developer-ready API in minutes, enables administrators to optimize APIs for different access and workload patterns, supports device-agnostic security and privacy controls, with metadata management and turnkey cloud infrastructure scales elastically to handle fluctuating demand.
- Website
- socrata.com
- Registered Address
- Plano, Texas
Key Metrics
Founded Year
2007
Location
Plano, United States
Stage
Acqui-Hired
Total Funding
$54.9M in 5 rounds
Latest Funding Round
Ranked
3rd among 105 active competitors
Employee Count
7,271 as on Dec 31, 2022
Legal entities associated with Socrata
Socrata is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Tyler Technologies, Inc. CIN: 752303920 , United States, Active | Dec 31, 1996 | - | 7135 (As on Dec 31, 2024) | - |
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Socrata's funding and investors
Socrata has raised a total funding of $54.9M over 5 rounds. Its first funding round was on Feb 20, 2008. Its latest funding round was a Series C round on Sep 19, 2017 for $*****. 1 investor participated in its latest round. Socrata has 8 institutional investors.
Here is the list of recent funding rounds of Socrata:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 19, 2017 | 1400555 | Series C | 1060930 | 5044534 | 9194230 | 6649645 |
Nov 28, 2014 | 2610619 | Series C | 3871202 | 9737611 | 1447253 | |
Sep 03, 2013 | 7175607 | Series B | 2981107 | 3518092 | 8243764 |
View details of Socrata's funding rounds and investors
Socrata's founders and board of directors
Founder? Claim ProfileThe founders of Socrata is Will Pugh.
Here are the details of Socrata's key team members:
- Will Pugh: Former Co-Founder & CTO of Socrata and founder of 1 other company. Contact Info: 1 email address
View details of Socrata's Founder profiles and Board Members
Socrata's employee count trend
Socrata has 7,271 employees as of Dec 22. The total employee count is 48.0% more than what it was in Dec 21. Here is Socrata's employee count trend over the years:
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Socrata's Competitors and alternates
Top competitors of Socrata include Golden, Open Data Soft and People Data Labs. Here is the list of Top 10 competitors of Socrata, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Golden 2017, San Francisco (United States), Acquired | Cloud-based knowledge Management platform for enterprises | $60M | 71/100 | |
2nd | Open Data Soft 2011, Paris (France), Series B | Provider of data marketplace solutions for internal, B2B, and public use | $32.2M | 60/100 | |
3rd | Socrata 2007, Plano (United States), Acqui-Hired | Government Data democratization platform | $54.9M | 55/100 | |
4th | People Data Labs 2015, San Francisco (United States), Series B | API for people profiling | $47.2M | 54/100 | |
5th | Developer of modular, open-source platform for building digital identity systems | $16M | 50/100 | ||
6th | LTV 2007, New York City (United States), Series D | Provider of digital transformation services | $150M | 49/100 | |
7th | Vertical Knowledge 2006, Chagrin Falls (United States), Acquired | Provider of AI-powered risk intelligence tool for threat, identity, and risk | $8.8M | 45/100 | |
8th | Coresignal 2014, New York City (United States), Unfunded | Provider of private market data | - | - | 43/100 |
9th | Baseconnect 2011, Chiyoda City (Japan), Series B | Online open source data platform | $66.4M | 40/100 | |
10th | Junar 2010, Palo Alto (United States), Seed | Transforms data into reusable insights for governments, developers, and companies | $1.2M | 37/100 |
Looking for more details on Socrata's competitors? Click here to see the top ones
Socrata's Investments and acquisitions
Socrata has made no investments or acquisitions yet.
Reports related to Socrata
Here is the latest report on Socrata's sector:
News related to Socrata
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AkitaBox Appoints Matt Miszewski as Chief Executive OfficerPR Newswire•Oct 14, 2019•AkitaBox, Socrata
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Tyler Technologies’ Socrata Open Expenditures Brings Greater Government Transparency to Nassau County, New YorkBusiness Wire•Jan 30, 2019•Tyler Tech, Socrata, MicroPact, Arlington Capital Partners and 1 other
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Tyler Technologies Acquires Sage Data SecuritySeeking Alpha•May 01, 2018•Tyler Tech, Sage Data Security, Socrata
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Seattle data firm Socrata names Microsoft, Salesforce veteran as top sales execThe Business Journals•Jun 15, 2017•Socrata
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