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COMPANY PROFILE

Dagster Labs

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Developers of Dagster, open source orchestration platform for the development, production, and observation of data assets

San Francisco, United StatesFounded 2018AI
Valuation $100–250M Last recorded · 2023
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Dagster Labs

Dagster Labs, formerly known as Elementl, is the company behind Dagster, an open-source data orchestration platform. Founded in 2018 by Nick Schrock, who previously co-created GraphQL at Facebook, the company was established to address the complexities and improve the developer experience in data engineering. Schrock's experience at Facebook leading the Product Infrastructure team, which produced tools like React and GraphQL, informed his vision for creating a more structured and maintainable approach to data pipelines. In early 2022, Pete Hunt, a co-founder of the React project and founder of Smyte (acquired by Twitter), joined as CEO, with Schrock transitioning to the CTO role to focus on product and engineering.

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Dagster is designed as a cloud-native orchestrator for the entire development lifecycle of data assets, such as tables, machine learning models, and reports. Unlike traditional orchestrators that are task-based, Dagster employs a declarative, asset-centric programming model. This approach allows users to define pipelines as a graph of data assets, providing integrated data lineage, observability, and making them easier to test and maintain. The platform is Python-first but supports cross-language orchestration through its Dagster Pipes feature. It is built to be used at every stage of the data development lifecycle, from local development and testing to production deployment. Key features include a declarative programming model, integrated lineage and observability, robust testing capabilities, and a modular architecture.

The company operates on an open-core business model. The primary product is the open-source Dagster framework, which is freely available. Dagster Labs generates revenue through Dagster Cloud, a hosted and managed service that provides additional enterprise-grade features. These premium features include advanced collaboration tools, security functionalities like role-based access control (RBAC), audit logs, and dedicated support. Dagster Cloud is available in serverless or hybrid deployments. The company serves a wide range of clients, from startups to Fortune 500 companies, across industries like finance, healthcare, retail, and technology.

Dagster Labs has secured significant funding to fuel its growth. After an initial seed round, the company raised a $14 million Series A in November 2021 and a $33 million Series B in May 2023, bringing its total funding to approximately $49 million. Key investors include Georgian, Index Ventures, Sequoia Capital, and Slow Ventures.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2018
Headquarters
San Francisco, United States
Employees
73
Open positions
None listed
Dealroom signal
61.6/100
Industry
Enterprise Software
Sector
AI, Open Source, Developer Tools, Core AI, Big Data and Analytics, Data Management, MLops
Technology
Artificial Intelligence, Big Data, Machine Learning, Deep Learning, Natural Language Processing
Business model
SaaS
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jul 2026 $0 — Prefect ↗
SERIES B✓Equity / VC May 2023 $33M $132M Sequoia · Slow Ventures · Georgian · 8VC ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021 —
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Growth signals

Dagster Labs website traffic

Latest recorded traffic for Dagster Labs is 160K monthly website visits, down 11.1% over the last three months. Dagster Labs's team declined 15.1% over the past year.

Latest monthly visits160K 3-month web change-11.1% 1-year team growth-15.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

15 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

Series A9 investors entered at this stage

Other known investors3 additional known investors

  • Prefect
  • f7 Ventures
  • Mike Vernal
Team profiled 18 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇺🇸 United States90.9%
🇨🇦 Canada4.5%
🇦🇺 Australia2.3%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Dagster Labs on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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