Cinchy

Cinchy is a leading Enterprise Data Collaboration platform that aims to simplify data complexity. The platform utilizes data mesh principles to liberate data from application silos and transform it into a network of federated data products. This approach eliminates the time-consuming and error-prone processes associated with coordinating and merging changes across multiple teams and systems, leading to significant efficiency gains and cost savings compared to traditional methods. Cinchy's client base includes tier-1 global banks, credit unions, major retailers, and various other industries, using the platform for critical transformational projects such as co-production of data between systems, federated data governance, AI/ML/LLM operationalization, compliance and attestation lineage workflows, and more. Founded in 2017 and headquartered in Canada, Cinchy recently secured a $14.50M Series B investment on 27 October 2022 from notable investors including Techstars, ForgePoint Capital, MaRS IAF, and Information Venture Partners. The recent investment reflects the confidence of these prominent investment entities in Cinchy's innovative approach and the potential for impact and growth within the data analytics and enterprise software industries.