Cloud-native business intelligence platform Astrato has raised a £3.7m seed round to expand its go-to-market and engineering teams.
The London-based firm will also accelerate the development of its AI-native features for exploration, automation and intelligent decision workflows.
The company, which aims to encourage teams to build and share live, self-serve analytics directly on top of their cloud data warehouse, saw the round led by Big Pi Ventures, with participation from Propelling Tech Ventures and more than 30 strategic angels from the global data and analytics community.
Astrato has been scaling year-on-year revenue by 5x, as demand for modern, AI-powered analytics takes off.
The platform replaces monolithic, read-only dashboards with live, flexible data applications that support real-time collaboration, embedded analytics and AI-accelerated exploration.
“Astrato is the execution layer of the modern data stack. It connects directly to the cloud and gives teams a unified space to explore, act, and collaborate on data without duplication, IT bottlenecks, or licensing friction,” said Martin Mahler, CEO and founder of Astrato.
“Unlike legacy BI vendors pushing continuous price hikes, our usage-based model means customers only pay for what they consume, making Astrato accessible for both lean startups and global enterprises.”
Astrato is warehouse-agnostic and services cloud data platforms like Snowflake, Databricks, BigQuery, and Clickhouse.
Nick Kalliagkopoulos, partner at Big Pi Ventures, added: “Business intelligence is entering a new phase – beyond dashboards.
“Astrato is helping teams do more with their data, faster. It’s a no-code execution layer the market has been waiting for.”