About Data as a Service sector in Austin, United States
The Data as a Service sector in Austin, United States comprises 103 companies, including 32 funded companies having collectively raised $1.09B in venture capital money and private equity. Out of these, 19 are Series A+ funded.
Data as a Service sector in Austin, United States has seen 9 acquisitions and 2 IPOs. This represents almost 10.7% of all such companies - which is higher than the 4.3% exit rate of tech companies in general.
This sector includes companies that aggregate information from a variety of sources, process it to enrich, cleanse/analyze it; and license it to other organizations.
Data as a Service sector is also known as DaaS.
Companies that are offering data on demand to the clients regardless of geographic and organizational separation of provider and consumer. Generates revenue by selling data. Companies that aggregate and curate data coming from third party sources, government, data partners or using technologies such as sensors, GPS, Crawlers etc. Included companies which are facilitating data exchange between buyers and sellers (marketplace). Also, includes any company providing subscription-based market research and industry specific reports. Any data insights provider based on predictive modeling is also included in the feed. Companies offering only first party data; Web Crawlers which are sharing data but without any database; Data providers which are not generating revenue by selling data; Companies which are providing data visualization, data unification, data analytics software solutions are excluded.
Top Data as a Service Companies in Austin, United States
There are 103 Data as a Service startups in Austin, United States which include TrustRadius, InMarket, ESO, Black Ore, Software Advice. Out of these, 32 startups are funded, with 19 having secured Series A+ funding.
2026 has seen the creation of 5 Data as a Service startups in Austin, United States. Over the past 10 years, an average of 3 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Harvard University, Harvard Business School and Massachusetts Institute of Technology.
Here is the list of top Data as a Service startups in Austin, United States
1. TrustRadius
TrustRadius offers a crowdsourced review on the business software & IT community. Users can share real-world insights through in-depth reviews and networking. It helps users make better product selection, implementation, and usage decisions. Every reviewer is authenticated and every review vetted before publishing.
Key facts about TrustRadius
- Founded Year: 2012
- Location: Austin (United States)
- Stage: Acquired
- Total Funding till date: $25.1M
- Investors: Next Coast Ventures, Mayfield and 1 Other
- Latest Funding Round: Series C, Jul 23, 2019, $*****
- Tracxn Score: 70/100 What is this?
- Competitors Rank: 3 of 292 Competitors
2. InMarket
Provider of real-time marketing, audience, activation, measurement, and insights solutions. The company offers audience discovery and programmatic solutions to target consumers. It provides predictive and real-time omnichannel media activation. Unified measurement and campaign optimizations are available to uncover data-driven opportunities. Actionable consumer insights and custom brand analytics help pinpoint incremental sales and return on ad spend.
Key facts about InMarket
- Founded Year: 2010
- Location: Austin (United States)
- Stage: Series A
- Total Funding till date: $1M
- Investors: Multiplier Capital and North Atlantic Capital
- Latest Funding Round: Conventional Debt, May 12, 2021, $*****
- Tracxn Score: 64/100 What is this?
- Competitors Rank: 8 of 2,024 Competitors
3. ESO
Provider of integrated software for emergency medical services. It includes electronic patient care reporting (ePCR), fire records management, personnel management, and billing tools. These solutions support interoperability across EMS, fire, and hospital systems for real-time data sharing.
Key facts about ESO
- Founded Year: 2004
- Location: Austin (United States)
- Stage: Series B
- Total Funding till date: $50.4M
- Investors: Austin Ventures, Golub Growth and 4 Others
- Latest Funding Round: Series B, Mar 26, 2021, $*****
- Tracxn Score: 61/100 What is this?
- Competitors Rank: 3 of 271 Competitors
4. Black Ore
Developer of products and services. Its technology changes consumer interactions with products and services by leveraging artificial intelligence to enhance working professionals.
Key facts about Black Ore
- Founded Year: 2012
- Location: Austin (United States)
- Stage: Seed
- Total Funding till date: $60M
- Investors: Oak HC/FT, Andreessen Horowitz and 14 Others
- Latest Funding Round: Seed, Nov 07, 2023, $*****
- Tracxn Score: 57/100 What is this?
- Competitors Rank: 66 of 3,507 Competitors
Software Advice provides a business software review & comparison platform. It provides detailed reviews, comparisons, and research to help organizations choose the right software. Connects software buyers and sellers, generating high-quality opportunities for software vendors. It offers software reviews on various sectors like HR, construction, dental, hotel management, and more.
Key facts about Software Advice
- Founded Year: 2005
- Location: Austin (United States)
- Stage: Acquired
- Investors: Eight Roads Ventures
- Tracxn Score: 57/100 What is this?
- Competitors Rank: 5 of 276 Competitors
Companies founded year-on-year in the Data as a Service sector in Austin
5 new startups have been founded so far in 2026 in the Data as a Service sector in Austin. 6 Data as a Service startups in Austin were founded in 2019 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 5 |
2025 | 2 |
2024 | 4 |
2023 | 1 |
2022 | 1 |
2021 | 2 |
2020 | 5 |
2019 | 6 |
2018 | 6 |
2017 | 5 |
Stage-wise distribution of Data as a Service sector companies in Austin
Out of the total 103 Data as a Service companies in Austin, 32 have secured funding. Among them, 19 have reached Series A or higher, and 15 to Series B or beyond.
Founded - 103
Funded - 32
Series A+ - 19
Series B+ - 15
Series C+ - 12
Company Stage | No. of companies |
|---|---|
Founded | 103 |
Funded | 32 |
Series A+ | 19 |
Series B+ | 15 |
Series C+ | 12 |
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Funding Trends in the Data as a Service sector in Austin
Total funding year-on-year in the Data as a Service sector in Austin
The Data as a Service sector in Austin saw a total funding of more than $812M in the last 10 years. The most amount of funding was in 2018 at more than $524M. There has been a total funding of $2.55M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $2.55M |
2024 | $200K |
2023 | $63.1M |
2022 | $20.1M |
2021 | $12.8M |
2020 | $73.7M |
2019 | $65.5M |
2018 | $524M |
2017 | $23.2M |
Recent Funding Rounds in Data as a Service in Austin
In the year 2026, till March 2026, Data as a Service companies in Austin have raised $2.55M in equity funding across 1 round.
Here are some recent, important funding rounds in Data as a Service companies in Austin:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 6830 | Mar 19, 2026 | - | |
Seed | 3285 | Aug 30, 2024 | - | |
Seed | 6058 | Nov 07, 2023 | ||
Series A | 9279 | Oct 17, 2023 | ||
Series A | 4077 | Mar 17, 2023 | - |
Top Investors in Data as a Service in Austin
Sapphire Ventures is the top investor in Data as a Service companies in Austin based on number of companies invested.
Here are some top investors in Data as a Service companies in Austin:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Austin (United States) | - | |
Boston (United States) | - | |
San Francisco (United States) | - | |
Austin (United States) | ||
Austin (United States) |
M&A activity in Data as a Service sector in Austin
In the year 2026, till January 2026, 1 acquisition happened in Data as a Service sector in Austin. Last year, in 2025, a total of 1 acquisition happened in Data as a Service sector in Austin.
Here are some recent, important acquisitions in Data as a Service sector in Austin:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jan 29, 2026 | ||
Business Acquisition | Jun 19, 2025 | ||
Business Acquisition | Feb 02, 2022 | ||
Business Acquisition | Aug 10, 2018 | ||
Business Acquisition | Jun 19, 2018 |
Acquisition trends in Data as a Service sector in Austin
Here are the acquisition trends in Data as a Service sector in Austin:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 1 |
2025 | 1 |
2024 | - |
2023 | - |
2022 | 1 |
2021 | - |
2020 | - |
2019 | - |
2018 | 2 |
2017 | - |
Colleges which produce the most Data as a Service companies in Austin
Companies founded by alumni from top colleges in the Data as a Service in Austin
Most number of Data as a Service startups in Austin have been founded by alumni from Harvard University, Harvard Business School and Massachusetts Institute of Technology.
College | No. of companies |
|---|---|
Harvard University | 3 |
Harvard Business School | 2 |
Massachusetts Institute of Technology | 2 |
Stanford University | 2 |
Carnegie Mellon University | 1 |
Stanford Business School | 1 |
The Hebrew University of Jerusalem | 1 |
The Wharton School | 1 |
University of Cambridge | 1 |
University of Chicago | 1 |
Total funding in Data as a Service companies founded by alumni from top colleges in Austin
In the last 10 years, The Hebrew University of Jerusalem and The Wharton School graduates' Data as a Service companies in Austin have raised the most funding among top colleges, and Harvard Business School alumni are third.
College | Total Funding |
|---|---|
The Hebrew University of Jerusalem | $60M |
The Wharton School | $60M |
Harvard Business School | $25.1M |
Harvard University | $25.1M |
Massachusetts Institute of Technology | $25.1M |
Stanford Business School | $200K |
Stanford University | $200K |
Carnegie Mellon University | - |
University of Cambridge | - |
University of Chicago | - |
Top News in Data as a Service in Austin
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InMarket Announces Partnership for Real-Time, Visit-Based Optimization Solution with Yahoo DSPBusiness Wire•Apr 23, 2026•Yahoo, InMarket
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TrustRadius, An HG Insights Company, Honors SmartBear with Tech Cares Award for 5th Straight YearBusiness Wire•Aug 18, 2025•TrustRadius
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Terradepth and EIVA integrate platforms to speed up subsea data deliveryOffshore Energy•Jun 13, 2025•Terradepth, EIVA
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US Firm's Data-Driven Safety Solution for Offshore OperationsOffshore Energy•May 23, 2025•Terradepth, Oceaneering
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Wichita State Shockers Adopt Teamworks General ManagerTeamworks•Apr 30, 2025•Zelus Analytics, Teamworks,
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Teamworks Compliance + Recruiting Integrates with NCSATeamworks•Apr 15, 2025•Zelus Analytics, Teamworks, NCSA
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