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Dagster Labs
Developers of Dagster, open source orchestration platform for the development, production, and observation of data assets
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.
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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jul 2026 | $0 | — | Prefect | ↗ |
| SERIES B✓Equity / VC | May 2023 | $33M | $132M | Sequoia · Slow Ventures · Georgian · 8VC | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Sequoia
Slow Ventures
Neo
Series A9 investors entered at this stage
Index Ventures
Amplify Partners
Coatue Management
Neo vc
OSS Capital
Georgian
8VC
Hanover
Human Capital
Other known investors3 additional known investors
Prefect
f7 Ventures
Mike Vernal
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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