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Funding · Enterprise Software & IT

CtrlB raises $2.5 million seed round led by Chiratae Ventures

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Date
Company
CtrlB
What it does
Data observability platform for enterprises
Kind
Funding
Amount
$2.5Mn
Stage
seed
Founded
2023
Sector
Enterprise Software & IT

What they do

CtrlB provides a data observability platform that monitors critical data silos and quality to prevent system downtime

What happened

The company secured $2.5 million in seed funding led by Chiratae Ventures with participation from several other investors

Why it matters

This follows a pivot from a failed debugging product to focus on data trust in logistics and fintech sectors

The details

  • CtrlB has raised $2.5 million in a seed round led by Chiratae Ventures.
  • Participating investors include Equirus, InnovateX Fund, Campus Fund, and Point One Capital.
  • The company previously launched a live debugging platform but failed to monetize it effectively.
  • CtrlB pivoted to a data observability platform focusing on monitoring data silos and quality.
  • The new product uses proprietary indexing technology to pinpoint issues before they cause crashes.
  • Adarsh Srivastava founded the company in 2023 after leaving his previous enterprise software role.
  • Co-founder Mayank Singh Chauhan parted ways after the initial product monetization failure.
  • Balasubramanian P joined as a cofounder during the pivot to data observability.

The bigger picture

  • Poor data quality costs organizations an average of $12.9 million per year according to Gartner.
  • The global data observability market is expected to cross $4 billion by 2030.
  • CtrlB aims to onboard 15 companies across logistics, fintech, ecommerce, and SaaS sectors.
  • The company targets a FY26 ARR of $100,000 despite being currently pre-revenue.

About the business

  • CtrlB offers a Control Plane product that monitors critical data silos for quality and trust.
  • The platform sends alerts to prevent downtime and crashes caused by bad data.
  • It uses proprietary indexing technology to identify issues faster than traditional methods.
  • The solution is deployed on cloud storage infrastructure for enterprise clients.
  • Pricing starts at $0.2 per GB for unlimited data ingestion.
  • The company claims its pricing becomes cheaper than competitors as data load increases.
  • Competitors include Zoho Site24x7 and SigNoz which offer different pricing models.
  • CtrlB is acquiring SOC 2 and ISO 27001 certifications to ensure security standards.
  • The startup is filing a patent for its proprietary indexing technology.

What happens next

  • CtrlB plans to acquire SOC 2 and ISO 27001 certifications.
  • The company intends to file a patent for its indexing technology.
  • They aim to onboard 15 companies across multiple sectors in India and the US.

The deal

Type
Seed Round

Investors

  • Chiratae Ventures (lead) — Venture capital firm leading the seed round.
  • Equirus (participant) — Investment firm participating in the round.
  • InnovateX Fund (participant) — Fund participating in the seed round.
  • Campus Fund (participant) — Fund participating in the seed round.
  • Point One Capital (participant) — Venture capital firm participating in the seed round.

Founders

  • Adarsh Srivastava, Founder
  • Mayank Singh Chauhan, Cofounder (Former)
  • Balasubramanian P, Cofounder

About CtrlB

Product
Unified observability engine and diskless data lake architecture built on cloud object storage for logs, metrics, traces, and security events.
Customers
Enterprises and engineering teams managing high volumes of telemetry and observability data.
How it makes money
Software-as-a-service subscription based on telemetry data volume, ingestion, and retention.
What sets it apart
High-speed indexing and compression technology running on cloud object storage that significantly reduces telemetry storage and retrieval costs.

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