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How to invest in DataRobot stock pre-IPO

Key Takeaways

  • DataRobot is an AI platform that popularized automated machine learning and now facilitates AI agent management.

  • In 2021, DataRobot hit a peak primary funding round valuation of $6.45 billion, but its valuation in April 2026 seems to be a fraction of that.1

  • While the company was gearing up for an IPO in 20202 and 2021,3 that has not come to fruition, and no clear IPO plans have re-emerged.

Overview

Around a decade before ChatGPT set off an AI fervor, DataRobot was pioneering automated machine learning (AutoML) so that companies could implement data science even with minimal technical knowledge.4

The company quickly grew in the 2010s and reached a valuation of over $6 billion in 2021.5 Amidst this growth, speculation about an IPO grew, such as with the company specifically calling its 2020 Series F "pre-IPO" financing.6 DataRobot also hired a new CFO in 2021 to help prepare the company to go public, albeit with no announced timetable.7

Yet market conditions soon started souring for tech IPOs, and DataRobot ran into internal challenges. The company cut 7% of its staff in 2022, and the same year, the CEO resigned following internal controversy over stock sales by executives. These executives had been with the company for a short period, while others who had longer tenure were not able to sell private stock. And this occurred amidst issues like slowing revenue growth, as The Information reported. 9

Since then, DataRobot's valuation has plummeted,10 and there's no apparent plans to go public anytime soon. Still, the company has continued to evolve, such as by pivoting from its AutoML focus into its agentic AI emphasis. In July 2025, the company announced its Agent Workforce Platform that's co-engineered with Nvidia.11

Yet interested, qualified investors may explore expressing interest in DataRobot shares through a private marketplace such as Forge, subject to share availability and transfer restrictions. Retail investors may seek to explore publicly traded alternatives operating in related AI or analytics sectors (recognizing that such companies differ in business models, risks and performance), as we'll examine in this guide.

The Details

DataRobot: Company background

DataRobot, based in Boston, was founded in 2012 by Jeremy Achin and Tom de Godoy, who previously worked together at insurance company Travelers.12

Amidst a data scientist shortage in the corporate world, DataRobot's initial focus was on helping companies run predictive models using AutoML so that business professionals with limited technical skills could still put their data to work.13

In 2021, Achin, formerly the CEO, was reportedly pressured by the board to resign, due to issues such as Achin resisting the board's near-term IPO timeline, according to The Information.14 A few months later, de Godoy was also reportedly pushed out, according to The Boston Globe.15

Achin's successor, Dan Wright, then stepped down the following year, amidst the controversy over executive stock sales.16 The next CEO, Debanjan Saha, remains in this role today.17

DataRobot stock and funding history

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Forge Data as of 04/15/2026

DataRobot has raised over $1 billion in primary round funding since its inception in 2012. This started with a seed round in 2013 that raised $3.4 million at about a $10.1 million valuation and a $0.39 stock price. Just over a year later, in July 2014, the Series A raised $21 million at a $71 million valuation and a $1.60 stock price.18

About a year and a half later, in February 2016, the Series B raised around $32.7 million at a $122.1 million valuation and a $1.91 stock price. In 2017, the DataRobot Series C raised nearly $70 million, more than doubling the company's valuation to about $282.7 million at a $2.98 price per share.19

In October 2018, DataRobot raised $100 million for its Series D, which brought its valuation to over $705 million and its stock price to $5.56. Less than a year later, in September 2019, the Series E made DataRobot a unicorn. This round raised around $240 million at about a $1.3 billion valuation and brought the stock price to $7.57.20

The company's valuation increased through several funding rounds completed during the pandemic. In November 2020, the DataRobot Series F raised about $323.2 million, more than doubling the previous valuation to around $2.7 billion, while its stock price rose to $13.14. Most recently, in July 2021, DataRobot held its Series G round, raising $330 million and bringing its valuation all the way to $6.45 billion with a stock price of $27.36 per share.21

However, the company's valuation has seemingly dropped substantially. DataRobot's Forge Price is $0.72, implying a valuation of less than $169.77 million.22

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Forge Data as of 04/15/2026

Forge Price is a derived data point that reflects the up-to-date price performance of venture-backed, late-stage companies, and is calculated based on a proprietary model incorporating pricing inputs from primary funding round information and secondary market transactions on Forge.

DataRobot has raised funding from a wide range of investors, such as New Enterprise Associates, Meritech, Sapphire Ventures, Cisco Investments, Intel Capital, BlackRock, Altimeter Capital and Tiger Global Management.23

How to buy DataRobot stock

While DataRobot has expressed interest in going public eventually, for now its stock is not for sale to the general public. However, accredited investors may be able to identify potential trading interest in DataRobot stock through Forge's next-generation marketplace for private market trades, subject to availability.

Forge's technology and relationships help facilitate the trading of private company shares in companies like DataRobot, along with other private market tech companies.

For indirect exposure, accredited investors could also explore other alternatives such as looking at private market shares in other types of AI companies like:

  • SambaNova Systems: Provides a holistic AI platform across areas like hardware, software, and models
  • Dataminr: Focuses on real-time event and risk detection
  • SandboxAQ: Uses large quantitative models (LQMs) instead of LLMs to try to tackle problems in scientific contexts like healthcare and cybersecurity
  • ThoughtSpot: Offers an AI-powered alternative to traditional business intelligence (BI) tools

Who can invest in DataRobot pre-IPO?

Investment in a non-public company like DataRobot is typically limited to accredited investors, due to U.S. regulations that generally restrict the offer and sale of private company securities to such investors.

Some large accredited investors, such as VC funds and certain high-net-worth individuals, may be able to invest in DataRobot if selected to participate in primary funding rounds or strategic investment partnerships. Smaller accredited investors may choose to purchase DataRobot stock through a private stock marketplace like Forge, subject to the availability of shares.

Where to buy pre-IPO DataRobot stock

While pre-IPO DataRobot stock is not for sale to the general public, accredited investors may be able to find shares for sale through a private marketplace such as Forge for private market trading.

Through Forge, you can access DataRobot's Forge Price, which provides real-time transparency by synthesizing data from various sources, including secondary market transactions, recent funding rounds and active bids and asks on Forge.

These contextual pricing insights are intended to provide private market investors with additional background when reviewing or negotiating an existing ask, or see if they would like to create a new bid for DataRobot shares.

Potential indirect exposure for DataRobot for non-accredited investors

At least for now, direct pre-IPO investment in DataRobot is generally limited to accredited investors. However, there are publicly available investment options that may provide exposure to broader trends in the AI or data analytics sectors, which could, in turn, impact companies like DataRobot.

Some examples include:

1. Publicly Traded AI Companies

There are many publicly traded AI companies, ranging from chipmakers like Nvidia and AMD, to software companies like Palantir Technologies and UiPath. There's also more diversified tech giants that are heavily involved in building out AI capabilities, such as Alphabet and Meta. So, the level of overlap with DataRobot varies based on which companies you might decide to invest in, but in general, there may be general sector-level influences based on how the AI market performs overall. Still, performance may vary significantly in some cases, depending on whatever market conditions and internal operational choices unfold

2. Publicly Traded Analytics Companies

While DataRobot isn't necessarily as outwardly focused on predictive analytics as it used to be, that's still a significant component of its platform. So, investors might seek to explore related types of publicly traded analytics companies, such as Snowflake, Datadogvand broader tech companies like Microsoft and IBM that have some solutions that help companies analyze their data. Some of these companies serve complementary roles with DataRobot, while others share more direct overlap. Either way, performance may vary depending on factors like how these companies fare in competing for customers and optimizing capital.

3. Broader Tech Sector Funds

Rather than just investing in AI or analytics companies, retail investors might look for broader tech exposure by allocating to ETFs or mutual funds that hold a range of companies in areas like AI, cloud computing, analytics, and other innovative areas like robotics and quantum computing. These funds might have varying degrees of overlap with DataRobot, so investors have to weigh what level of indirect exposure to DataRobot they want vs. more diversified tech exposure.

How to analyze DataRobot stock

Private companies generally do not face the same disclosure requirements as public companies, which can make analyzing DataRobot stock challenging.

However, you can look at the financial data that has been publicly disclosed or estimated, such as some of DataRobot's revenue numbers and platform usage, along with valuation history.

For example, in 2020, DataRobot's then-COO told Crunchbase News that annual recurring revenue was well over $100 million.24 And as of late 2025, RocketReach suggests that DataRobot's annual revenue is $338.2 million.25

So, investors may review publicly available information to understand how DataRobot’s disclosed metrics align with similar AI companies and broader market context.

That, combined with reviewing DataRobot's valuation data across its funding rounds and its current Forge Price, could help investors determine how DataRobot's stock compares to similar private companies listed on Forge's private stock marketplace.

In addition to looking at real-world market signals informing DataRobot's current Forge Price, investors can discover other available investments and review market interest signals in real time. Seeing how other AI companies are trading on Forge could help you determine what seems like a fair valuation for DataRobot. There also might be some parallels to draw with public market AI companies.

Still, even when looking at what DataRobot has disclosed and the real-time pricing insights on Forge, private market stocks are generally more opaque than public market ones. So, there can be more subjectivity involved in analyzing DataRobot stock, along with the valuations of other private market companies.

Get started investing DataRobot on Forge

To explore investing in DataRobot pre-IPO, if and when shares become available, start by creating a free Forge account to view opportunities for accredited investors (subject to share availability and transfer restrictions). Forge operates a leading marketplace that seeks to connect accredited investors with shareholders of private company stock.

After verifying your accreditation, you may gain access to tools and insights intended to support your experience in the private market, including active private market opportunities and a platform experience designed for independent investors. If you're unfamiliar with the process, our buyer’s guide aims to offer a helpful starting point. And should you need additional support, Forge’s knowledgeable team is available to assist.

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Sample of active market opportunities available on Forge marketplace as of 03/16/2026

FAQs about investing in DataRobot

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Where do I buy DataRobot stock?

For now, DataRobot remains a private company, so its stock is generally limited to accredited investors. If eligible, however, you may be able to express interest in buying and selling DataRobot stock through a private marketplace such as Forge (subject to availability and restrictions).

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Who can invest in DataRobot?

Typically, only accredited investors can invest in private market companies like DataRobot. This can include institutional investors such as VC firms that might participate in primary funding rounds, as well as high-net-worth individuals who may qualify to trade private market stocks in companies like DataRobot, subject to availability, through a secondary marketplace such as Forge.

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Who are DataRobot's competitors?

Some of DataRobot's main competitors include Alteryx, Dataiku, and some broader tech companies like Alphabet, Amazon and Microsoft that have some automated machine learning and/or analytics offerings that overlap with DataRobot.

14 The Information, 04/21/2021

15 The Boston Globe, 07/13/2022

16 The Pragmatic Engineer, 07/28/2022

17 DataRobot, 09/20/2022

18 Forge Data, as of 03/16/2026, sourced from publicly available data

19 Forge Data, as of 03/16/2026, sourced from publicly available data

20 Forge Data, as of 03/16/2026, sourced from publicly available data

21 Forge Data, as of 03/16/2026, sourced from publicly available data

22 Forge Data, as of 03/16/2026, sourced from proprietary and publicly available data

23 Forge Data, as of 03/16/2026, sourced from publicly available data 

24 Crunchbase News, 11/17/2020

25 RocketReach, as of 03/16/2026

About the Author

Jake Safane specializes in financial reporting and is a former thought leadership editor for The Economist with articles appearing in Business Insider and The Washington Post among other media outlets. Mr. Safane has received compensation from Forge Global, Inc. for authoring this article. Read more from Jake.

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