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Definite

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AI-native data platform for unified business analytics

Wilmington, United StatesFounded 2023AI
Valuation $50–100M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Definite

Definite, officially Luabase Inc., is a full-stack, AI-native data platform that consolidates analytics into a single solution, eliminating the need for separate, costly tools. The company was founded in 2023, though some sources suggest 2022 or 2024, by CEO Mike Ritchie and is based in Wilmington, Delaware. Ritchie has nearly two decades of experience in the data industry and previously founded SeekWell, a data activation startup that was acquired by a major business intelligence platform. This experience informed his approach with Definite, which aims to solve the widespread problem of fragmented and expensive data stacks.

The platform replaces the conventional mix of data warehouses like Snowflake, ETL (Extract, Transform, Load) services such as Fivetran, and BI tools like Looker. It integrates a secure data lake, automated data pipelines, data modeling, transformations, and dashboards into one AI-powered product. A key feature is "Fi," an AI assistant that allows non-technical users to query data using natural language, removing the need for SQL expertise. Definite is built on open-source technologies, including DuckDB and Apache Iceberg, to ensure scalability for petabyte-level workloads and avoid vendor lock-in. The platform supports over 500 pre-built connectors to various data sources, including SaaS applications, databases, and files.

Definite's business model is designed to be significantly faster and more cost-effective than traditional data stacks, claiming to reduce analysis time from months to minutes at a fraction of the cost. The company primarily targets enterprise customers and business users who require self-serve analytics without deep technical knowledge. On August 21, 2025, Definite announced it had raised $10 million in a seed funding round led by Costanoa Ventures, with participation from Acrew Capital and other strategic angel investors. This capital is intended to accelerate product development and expand its go-to-market team, with a focus on enterprise sales. The company is SOC 2 Type II compliant, ensuring enterprise-grade security.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2023
Headquarters
Wilmington, United States
Employees
6
Open positions
None listed
Dealroom signal
59.2/100
Industry
Enterprise Software
Sector
AI, Core AI, No-Code and Low-Code Software, Generative AI, genAI Applications
Technology
Artificial Intelligence, Big Data
Business model
SaaS
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEEDOther financing Aug 2025 $10M $40M Costanoa Ventures · ACrew Capital ↗
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Growth signals

Definite website traffic

Latest recorded traffic for Definite is 19K monthly website visits, up 46.2% over the last three months. Definite's team declined 25% over the past year.

Latest monthly visits19K 3-month web change+46.2% 1-year team growth-25%
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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Investments and acquisitions

Capital deployed

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

Investors

2 investors on the cap table

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

Seed2 investors entered at this stage

Team profiled 3 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Definite 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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