Starburst

Analyst Coverage :

Philip Howard

Starburst was incorporated in 2017 and is based in Boston, Massachusetts. It was formerly known as Project Flex and its founders (Justin Borgman, Martin Traverso, Matthew Fuller, Dain Sundstrom, Kamil Bajda-Pawlikowski and David Phillips), previously helped create a predecessor product, the open-source MPP SQL query engine, PrestoSQL, which is now known as Trino. This product emerged from work at Facebook. Starburst is backed by institutional investors and in March 2022 conducted a financing round, raising $414 million at a valuation of $3.35 billion from ten investors including A16Z, Index Ventures and Salesforce Ventures. The company has around 500 employees at the time of writing and has accumulated over 250 corporate customers. These include Sky, Bank of America, DoorDash, HSBC, Gilead, Expedia, Tesla, Comcast and Carrefour. The company has over 200 corporate partners, from consulting firms to technology partners