Atlan, an AI startup, has secured $105 million in additional funding, led by Meritech Capital and Singapore’s sovereign wealth fund GIC, with participation from Peak XV Partners and Salesforce Ventures. This investment boosts the total funding of the company, founded by Indians Prukalpa Sankar and Varun Banka, to over $200 million.
Initially, Sankar and Banka founded SocialCops, a data intelligence startup in New Delhi, whose innovations powered initiatives like DISHA, India’s official data platform. Atlan emerged during this project’s incubation phase.
Although now headquartered in the US, Atlan serves clients like Ralph Lauren, Cisco, Unilever, and News Corp. The funding reflects the rising demand among businesses for robust governance frameworks and AI-data readiness.
Boards are increasingly pressing their CIOs and CDOs for AI roadmaps, recognizing that the primary challenge lies in the availability of AI-ready data, enriched with business context, security, and trust.
Co-founder Sankar highlighted Atlan’s role in addressing this challenge by constructing the control plane for the data and AI stack, integrating trust and context into the digital fabric.
