Quild #15: Transform

This is the Quild daily, highlighting one early-stage startup that has statistically significant signals of becoming a unicorn.

Transform is the first centralized 'metrics store' that empowers data analysts to deliver accurate, timely, confident, and fast insights. The metrics store is a centralized repository that enables metrics definitions in code, supports life-cycle management, and makes data accessible to every other tool in the modern data stack.

Founders: James Mayfield, Paul Yang, Nick Handel (CEO)

Signals:

1. Venture-backed and top company alumni

   1. James worked as an engineer and product manager at Facebook and Airbnb for ~13 years

   2. Paul worked as a software engineer at Facebook, Instagram, and Airbnb for ~10 years

   3. Nick worked as a data scientist at Blackrock, Airbnb, and Branch for ~ 7 years

2. Top university alumni

   1. James attended UC Berkeley

   2. Paul graduated from MIT with a BS and MEng in Electrical Engineering and Computer Science

   3. Nick graduated from UC Los Angeles with a BS in Mathematics

3. Fast team growth

   1. Grew ~2x YoY from 20 to 38 employees

   2. And they’re still hiring alot

4. Accelerated financing

   1. Founded Dec 2019, announced seed in Feb 2020, series A in Jan 2021

5. Midas list investors

   1. Index Ventures co-led series A

   2. Redpoint co-led series A

Till tomorrow, Kenn