Precog and Venture Guides: Pioneering AI-driven ELT Solutions
Decision-making, AI, business operations - they all run on data.
But, we have heard from countless enterprise customers how hard it is to get data from more than 72,000 SaaS apps into warehouses where they can access and analyze this information. What if it was as simple as “Hold on…let me connect you now?”
We first met Jeff Carr on a park bench in Boulder, Colorado nearly 15 years ago. At the time he was building a different business in the data space; and neither of us could have imagined the journey that we are now taking together. Jeff, Becky Conning, and Mike Corbisiero have set out to fundamentally change the way the market thinks about data extraction and loading. Today, Precog is the only solution providing customers with data for an AI-driven world, seamlessly transforming siloed SaaS data into fully normalized, business-ready insights with remarkable speed and elegance. We have the great privilege of joining them in their journey.
At Venture Guides, we’re committed to partnering with visionary companies like Precog that are transforming their industries. Our collaboration goes beyond funding—it’s about building and scaling together. We’re thrilled to support Precog’s go-to-market expansion from within our Boston office, leveraging the resources and network of our dynamic 9th-floor shared office space. This funding round marks a pivotal moment in Precog’s journey, enabling the company to drive revenue growth, product innovation, and global reach.
Why Customers Need Precog
Venture Guides’ investments revolve around customers. Precog customers told us that without Precog, they’d need entire teams dedicated solely to data integration and management. Large ISVs are equally captivated by Precog’s ability to unlock value for their customers. This feedback affirms that Precog is not just a solution—it’s a company with industry-defining potential and high demand from the market.
For years, businesses have struggled to integrate data across hundreds or thousands of applications into easily accessed and analyzable formats. Many enterprises are forced to build in-house data engineering teams or hire expensive consultants to move their data from SaaS applications into data warehouses so they can enrich it or combine it with other data sets. This need is helping drive the massive cloud data warehouse sector forecasted to hit $23.6B in 2030 with a 19.4% CAGR (and includes Snowflake, AWS Redshift, Azure Synapse, and Google BigQuery).
But what if organizations didn’t have to wait for bespoke connectors? What if their critical business data just moved seamlessly from their SaaS apps into the cloud warehouse of their choice? Precog uniquely connects any API within an hour, and delivers fully formatted, analyzable data where enterprise want it. We heard repeatedly this is what customers need.
Transforming ETL Through AI-Powered Automation
Precog’s groundbreaking technology automates and simplifies data integration as it uniquely provides customers with:
● Automated API Connectors: Precog creates and makes connectors available in hours not months.
● Comprehensive Integration: Supporting thousands of complete SaaS ELT integrations—five times the market standard—Precog seamlessly integrates data with platforms including Snowflake, SAP Datasphere, Amazon Redshift, Azure Synapse, and Google BigQuery.
● AI at Work: While AI often dazzles us with surface-level interactions, its real magic lies beneath. Precog’s innovative use of AI enhances efficiency, scalability, and flexibility, enabling enterprises to unlock the full value of their data.
We’re proud to support Precog and invite enterprises, partners, and investors to explore this transformative platform. Venture Guides believes customers come first, and with this new funding round, Precog is poised to accelerate and deliver for the needs of the market.
So while the rest of the world says ‘Hold On’, we now get to say, ‘Just a moment, let Precog connect you now!’