Monte Carlo Named To Enterprise Tech 30 For Second Consecutive Year
For the second consecutive year, Monte Carlo was today named to the Enterprise Tech 30 (ET30), an exclusive list of the most promising companies in enterprise technology, as determined by some of the world’s top venture capitalists.
Sponsored by Wing Venture Capital and Nasdaq, more than 15,000 private venture-backed companies are considered. The list is then narrowed to 10 early stage ($25 million or less raised), 10 mid stage ($25 to $100 million raised), and 10 late stage ($100 million or more raised) companies.
Inductees to the ET30 are on a fast track of growth to change how business is done and are expected to be future IPOs and multi-billion dollar exits.
“This year’s Enterprise Tech 30 list highlights the founders and teams driving innovation and shaping the future of the modern enterprise,” said Peter Wagner, Founding Partner at Wing Venture Capital. “In particular, it’s exciting to see product-led growth companies and those in the developer tool space continue to push the envelope of what’s possible.”
Monte Carlo was recognized in the mid-stage category. Monte Carlo and dbt labs are the only repeat winners from the modern data stack that have advanced to a later stage.
“This honor validates the hard work of our team as well as the value our data observability platform provides to organizations,” said Barr Moses, CEO, Monte Carlo, in the ET30 video interview with Nasdaq published today. “Data reliability is no longer a choice but a necessity, and this recognition only underscores how data observability is becoming an indispensable component of the modern data platform.”
In the data industry, the list frequently includes organizations primed to drive the future of the modern data stack. In addition to Monte Carlo, former and current data companies in the Enterprise Tech 30 include Snowflake, Looker, Databricks, Confluent, and Fivetran.
We’re excited to be among these great companies and to continue charting the course for reliable data!