DataRobot Inc. is an automated machine learning platform company headquartered in Boston. Founded in 2012, the company aims to place the power of data scientists in the hands of business analysts.
DataRobot raised $270 million in a pre-initial public offering round. Altimeter Capital led this financing, which values the company at $2.7 billion. The company's total funding is now about $700 million.
Although no IPO has been formally announced, a representative from DataRobot has suggested an IPO is likely.
Once DataRobot goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy DataRobot stock.
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Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
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