Costanoa and Acrew Capital back the founding team’s bold vision for the future of enterprise analytics
WILMINGTON, Del., Aug. 21, 2025 /PRNewswire/ — Definite, a full-stack AI-native data platform, today announced a $10 million seed round led by Costanoa, with participation from Acrew Capital and strategic angels. The funding will accelerate product development and go-to-market hiring as Definite scales adoption among enterprises.
Most companies juggle a costly mix of tools: a warehouse like Snowflake, an ETL service like Fivetran, and a business intelligence platform like Looker. Definite replaces that stack with an AI-native platform that combines a secure data lake, pipelines, and dashboards. Enterprises can connect their tools and get answers in minutes. It’s 10× faster and 10× cheaper than stitching together traditional products that demand a full data team.
“Teams shouldn’t need six months, a half-million-dollar budget, and a team of engineers to get answers about their business,” said Mike Ritchie, CEO and founder of Definite. “We built Definite to make analytics radically simpler. With open-source under the hood and AI powering every interaction, we’re giving teams inquiry without the (SQL) queries.”
Definite is SOC 2 Type II compliant and built on petabyte-scale, open-source data infrastructure, offering secure, fast, and cost-efficient analytics without vendor lock-in. Early adopters like Perfect and Meet Alfred are using Definite to simplify analytics and make smarter, faster decisions. “We went from zero to data lake in a couple hours and had a high-performance API running minutes later,” said George Papadopoulos, CEO of Meet Alfred.
“Time and time again, we see startups pour millions into a modern data stack—only to end up with something that still requires a full data engineering team to get answers,” said John Cowgill, Partner at Costanoa. “Definite is the answer to that pain: a powerful yet elegant solution that gives business users fast, flexible, and accurate insights without the bottlenecks. It’s exactly what modern teams demand—a powerful data platform that makes ad hoc analytics self-serve and fast without sacrificing trust or depth.”
Definite is hiring across engineering and GTM, with a focus on enterprise sales. We are remote-first, high‑autonomy, and on a mission to make powerful data infrastructure accessible to the operators building the future.
To learn more or start using Definite, visit www.definite.app.
About Definite
Founded in 2023, Definite is the AI-native data stack for modern teams. The platform combines a data lake, ETL (extract, transform, load), and business intelligence into a single, AI-powered solution that delivers insights in minutes. Built on open-source technologies like DuckDB and Apache Iceberg, Definite is fast, secure, and scalable.
About Costanoa
Costanoa exists to elevate founders building companies of consequence. We lead investments from formation through Series A in Applied AI, AI Infrastructure, Cybersecurity, National Security, and Fintech. With $2.3B AUM, we’re boutique by design—making fewer investments to deliver deeper expertise and operational support when it matters most: the early, defining stages of growth. For more information, please visit www.costanoa.vc.
Media contact: costanoa@bambybig.agency
SOURCE Definite