Polars DataFrame Library Announces $4M Seed Round Led by Bain Capital Ventures
Funding Round Info:
Polars, the DataFrame library built on Rust and designed for data scientists and engineers, has disclosed securing its seed funding of $4 million. The funding round was led by Bain Capital Ventures (BCV) with additional participation from individual investors. The newly acquired funds will be utilized to bolster the team and develop a high-performance compute platform, enabling seamless execution of Polars across any scale.
About Polars:
Polars is the Rust-based DataFrame library for data scientists and engineers, powering data processing at any scale. Ritchie Vink, the founder, initiated the Polars project with the aim of enabling high-performance scientific and numeric data processing on laptops. This cutting-edge tool empowers data scientists and engineers to analyze large DataFrames without the need for establishing and managing a distributed compute cluster. Presently, Polars stands out as one of the swiftest DataFrame libraries available, and its popularity on GitHub continues to soar with rapid growth.
About Bain Capital Ventures:
BCV assists entrepreneurs in creating remarkable businesses that revolutionize the way people live and work. Their focus lies in investing in B2B software startups, offering support from the early stages to the growth phase, and spanning four key domains: Fintech, Commerce, Apps, and Infra. With an impressive track record of over two decades and managing funds exceeding $10B, BCV has been instrumental in launching and bringing to market over 400 companies. Some of their notable success stories include Attentive, Bloomreach, Clari, Docusign, Flywire, LinkedIn, Moveworks, Rapid7, and Redis.