Tobiko Data is a technology company.
Tobiko Data has raised $22.0M across 2 funding rounds.
Tobiko Data has raised $22.0M in total across 2 funding rounds.
Tobiko Data is a technology company specializing in data transformation platforms designed to make data pipelines faster, more efficient, and less error-prone. Its flagship product, Tobiko Cloud, builds on its open-source SQLMesh platform to provide collaborative, transparent, and cost-effective data transformation with full visibility and control over data pipelines. Tobiko serves data teams, including data scientists and analysts, helping them reduce warehouse costs and accelerate data delivery by running only necessary transformations rather than rebuilding entire datasets. The company’s technology supports modern production environments emphasizing speed, adaptability, and efficiency, and it integrates with major data warehouses and cloud platforms[1][2][4].
Founded around 18 months before mid-2024 by a team including co-founder Tyson Mao and CTO Toby Mao, Tobiko Data emerged from the founders’ extensive experience at major tech companies like Apple, Netflix, Airbnb, and Google. The idea originated from the need to improve data transformation workflows by leveraging deep SQL expertise and semantic understanding of SQL, leading to the creation of SQLMesh and SQLGlot (an open-source SQL parser and transpiler). Early traction included raising $21.8 million in funding and gaining adoption by companies like Fivetran, which later acquired Tobiko in September 2025 to enhance its data transformation capabilities[1][4].
Tobiko Data rides the growing trend of modernizing data transformation to meet the demands of AI-ready, governed, and scalable data infrastructure. As enterprises increasingly rely on data-driven decision-making and machine learning, the need for fast, reliable, and cost-effective data pipelines is critical. Tobiko’s timing is advantageous due to the rise of cloud data warehouses and the push for automation and collaboration in data engineering. By integrating with platforms like Fivetran and supporting open standards, Tobiko influences the broader ecosystem by promoting transparency, efficiency, and developer-friendly tooling in data transformation workflows[1][4].
Following its acquisition by Fivetran in 2025, Tobiko Data is positioned to scale its technology globally, enhancing Fivetran’s end-to-end data platform with advanced transformation capabilities. Future trends shaping Tobiko’s journey include the increasing adoption of AI and machine learning, which require high-quality, trustworthy data pipelines, and the continued shift toward open, interoperable data ecosystems. Tobiko’s influence is likely to grow as it helps enterprises reduce costs and improve agility in data operations, potentially expanding its collaborative and observability features to support more complex data environments and workflows[1][4].
Tobiko Data has raised $22.0M in total across 2 funding rounds.
Tobiko Data's investors include Index Ventures, Scale Asia Ventures, Theory Ventures, Unusual Ventures.
Tobiko Data has raised $22.0M across 2 funding rounds. Most recently, it raised $17.0M Series A in June 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2024 | $17.0M Series A | Index Ventures, Scale Asia Ventures, Theory Ventures, Unusual Ventures | |
| Jun 1, 2024 | $5.0M Seed | Theory Ventures, Unusual Ventures |