Denver-based data analytics startup DAS42 closes new funding to accelerate growth
Nickie Louise
Posted On May 4, 2021
DAS42, a Denver, Colorado-based data analytics startup that helps Fortune 500 executives and managers use data to understand and improve their business, today announced it has completed a growth funding led by M/C Partners (“M/C”) joined by Frank Selldorff. The total amount of investment was not disclosed.
Selldorff is a serial entrepreneur who has successfully founded, scaled and exited multiple application-focused consulting firms including Meteorix in the WorkDay ecosystem and Acorio in the ServiceNow ecosystem.
In conjunction with the funding, DAS42 also announced that Frank Selldorff will become the Chairman of the board of directors and will leverage his extensive experience in professional services to advise DAS42.
DAS42 will use the new capital infusion to rapidly build out its team, invest in its key technology partnerships, and continue to deliver market-leading service for customers.
Founded in 2015 by Lucas Thelosen, DAS42 is one of the leading providers of full-stack data technology implementation and advisory services. The startup provides enterprise customers with a complete end-to-end solution to enable a modern data analytics platform.DAS42 leverages best-in-class data collection tools, cloud-based data warehouses, and analytics platforms. The Company is a Snowflake Elite partner and a Looker Advanced partner.
“We’ve been experiencing strong demand for our services and this investment will help us keep up with that demand by hiring more data experts, making an even deeper commitment to the partner ecosystem, and strengthening the foundation of our operations to scale the firm,” said DAS42 CEO Nick Amabile. “M/C Partners brings valuable experience building businesses in the tech services industry and we are excited to be partnering with them to accelerate our growth.”
“Enterprise adoption of modern data analytics platforms is just getting started and we think DAS42 is exceptionally well-positioned to help businesses operationalize their data,” said Julia Senior, Partner at M/C Partners. “We look forward to partnering with Nick and the rest of the team at DAS42 to build on the success they’ve had to date.”
“DAS42 differentiates with its technical capabilities and focus on helping customers solve real business problems,” added Gillis Cashman, Managing Partner at M/C Partners. “This investment will allow the Company to expand its team and broaden its service capabilities to become the premier data analytics services provider.”
