Mustard has raised $6.0M in total across 2 funding rounds.
Mustard's investors include AYANA Capital LLC, Bennu, Capital Factory, Cloud Apps Capital Partners, Divergent Capital, Jenny Fielding, Scott Hartley, Floodgate, Great North Ventures, GSV Acceleration, iNovia Capital, NewFund.
Mustard Technology is a Singapore-based software company specializing in advanced data search solutions, founded in 1999. It develops core search technologies, including the iSearch product and iKrystal tools, which provide fast, fuzzy, and multi-lingual search capabilities tailored to the information needs of Asia. Its software serves government and commercial sectors by embedding into various business applications through partnerships with systems integrators and other software firms, addressing complex data quality and search challenges[1][2].
Founded in 1999 in Singapore, Mustard Technology emerged with a mission to "make sense of data," focusing on solving the challenges of information retrieval in diverse Asian languages and contexts. The company’s technology is underpinned by two US patents, reflecting its innovative approach to search. Over time, Mustard has evolved by collaborating with partners to integrate its search technology into broader business solutions, expanding its reach across government and commercial sectors[1].
Mustard Technology rides the growing global trend of data-driven decision-making and the increasing demand for intelligent search solutions in multilingual and complex data environments. The timing is favorable due to the exponential growth of data and the need for efficient retrieval systems, especially in Asia’s linguistically diverse markets. By enabling better data accessibility and quality, Mustard influences the broader ecosystem by supporting digital transformation initiatives and enhancing information management in both public and private sectors[1].
Looking ahead, Mustard Technology is well-positioned to capitalize on the expanding demand for advanced search and data quality solutions, particularly as AI and machine learning further integrate with search technologies. Trends such as increased digitalization, multilingual data processing, and real-time analytics will likely shape its product development and market expansion. Its continued collaboration with partners and focus on innovation could enhance its influence in Asia’s tech landscape and beyond.
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*Note:* There is another company named Mustard related to sports coaching technology, but it is distinct from Mustard Technology, the Singapore-based software firm described here[3].
Mustard has raised $6.0M across 2 funding rounds. Most recently, it raised $4.0M Seed in January 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2022 | $4.0M Seed | AYANA Capital LLC, Bennu, Capital Factory, Cloud Apps Capital Partners, Divergent Capital, Jenny Fielding, Scott Hartley, Floodgate, Great North Ventures, GSV Acceleration, iNovia Capital, NewFund, Shasta Ventures, Sonder Capital, Transformation Capital, Anne Wojcicki, Balaji Srinivasan, Daniel Rosensweig, Jim Pallotta, Mark Cuban, Robert Ciardi, Warren Jenson | |
| Sep 1, 2020 | $2.0M Seed | First Round Capital, Lightspeed Venture Partners, Jeff Richards, Offline Ventures, Transformation Capital, Transmedia Capital, Josh Spear |
