New York-based data analytics and artificial intelligence startup Dataiku has begun preparations for an initial public offering (IPO) in the US, according to sources familiar with the matter.
According to sources familiar with the matter, the company has hired Morgan Stanley, Citigroup, and several other investment banks to handle the transaction. The IPO could take place as early as the first half of 2026, but the timing has not yet been finalized.
Dataiku is preparing for a US IPO and has selected Morgan Stanley and Citigroup
Founded in 2013, Dataiku develops tools for building, testing, and implementing solutions based on artificial intelligence and analytics. Its more than 700 clients include Johnson & Johnson, Toyota, General Electric, and BNP Paribas.
In December 2022, Dataiku raised $200 million in a late Series F led by Wellington Management, valuing its investment at $3.7 billion. Earlier this year, the company also surpassed $300 million in annual recurring revenue (ARR).
The IPO is being prepared amid a buoyant IPO market: 97 companies went public in the third quarter of 2025, raising over $24 billion—the most active period since the end of 2021.
By 2025, personal data protection regulations have become increasingly complex and stringent. Fintech companies must operate within a complex web of federal, regional, and international regulations that impose stringent requirements on the collection, storage, and processing of information.
Serving ever-increasing volumes of sensitive personal and financial data, these platforms must constantly adapt to changing regulations and comply with the requirements of multiple jurisdictions.