Add-on Acquisition • Software

DataRobot Acquires Agnostiq

On February 10, 2025, DataRobot acquired software company Agnostiq

Acquisition Context
  • This is DataRobot’s 5th transaction in the Software sector.
  • This is DataRobot’s 1st transaction in Canada.
  • This is DataRobot’s 1st transaction in Ontario.

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M&A Deal Summary

Date February 10, 2025
Target Agnostiq
Sector Software
Buyer(s) DataRobot
Deal Type Add-on Acquisition
Advisor(s) Tressage Partners (Financial)

Target Company

Agnostiq

Toronto, Ontario, Canada
Agnostiq is a cloud-agnostic accelerated computing platform, that allows startups and enterprises to build any AI or HPC applications. Agnostiq was formed in 2018 and is headquartered in Toronto, Ontario.
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Buyer Overview 1

Buyer

DataRobot

Boston, Massachusetts, United States

Category Company
Founded 2012
Sector Information Technology
DESCRIPTION

DataRobot, Inc. is an automated machine learning platform that empowers users of all skill levels to make better predictions faster. DataRobot provides the fastest path to data science success for organizations of all sizes. DataRobot, Inc. was founded in 2012 and is based in Boston, Massachusetts.


Deal Context for Buyer #
Overall 9 of 9
Sector: Software 5 of 5
Type: Add-on Acquisition 8 of 8
State: Ontario 1 of 1
Country: Canada 1 of 1
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-27 Algorithmia

Seattle, Washington, United States

Algorithmia is MLOps software that manages all stages of the ML lifecycle within existing operational processes. Unlike inefficient, expensive, and insecure do-it-yourself MLOps management solutions that lock users into specific technology stacks, the company automates ML deployment, optimizes collaboration between operations and development, leverages existing SDLC and CI/CD processes, and provides advanced security and governance. Its clients include large and midsize enterprises, Fortune 500 companies, non-governmental organizations, and government agencies. Algorithmia was formed in 2013 and is based in Seattle, Washington.

Buy -