Domino Data Lab
Domino Data Lab, founded in 2013 by Nick Elprin, Chris Yang, and Matthew Granade, provides an enterprise AI platform for building, scaling, and governing AI applications in regulated industries.
Profile
An enterprise platform for building and managing AI applications with built-in governance for regulated industries.
Domino Data Lab, founded in 2013 by Nick Elprin, Chris Yang, and Matthew Granade, provides an enterprise AI platform for building, scaling, and governing AI applications in regulated industries. Headquartered in San Francisco, the company has raised $223.6 million, including a $100 million Series F in October 2021, and boasts a $1.35 billion valuation. Domino serves over 20% of the Fortune 100, with clients like GSK, Allstate, and the U.S.
Navy, focusing on sectors where AI governance is critical. The platform supports data science teams by unifying model development, deployment, and compliance, addressing the tension between innovation and regulatory constraints. Recent recognition includes Inc.'s 2026 Best Workplaces list, highlighting its employee-centric culture.
Domino's financial trajectory shows steady growth, though it faces competition from Weights & Biases and DataRobot. The company's emphasis on regulated AI applications positions it uniquely in a market increasingly concerned with compliance and scalability.
Who buys this
- Life sciences and pharmaceuticals
- Financial services and banking
- Insurance providers
- Government and public sector
- Media and technology companies
Publicly disclosed clients
- GSK
- Allstate
- U.S. Navy
- UBS
- Vevo
Strengths and what to watch
Strengths
- Deep integration with regulated industries, ensuring compliance without stifling innovation.
- Strong backing from investors like Sequoia Capital, Coatue, and Snowflake Ventures.
- Recognition as a top workplace, aiding talent retention in a competitive market.
Watch for
- Competition from well-funded rivals like Weights & Biases and DataRobot.
- Dependence on Fortune 100 clients, which could lead to revenue concentration risks.
- Challenges in scaling governance features without slowing down AI development cycles.
Recent moves
Key Information
- Founded
- 2013
- Headquarters
- San Francisco
Frequently Asked Questions
What is Domino Data Lab?
Domino Data Lab provides an enterprise AI platform for building, scaling, and governing AI applications in regulated industries. Founded in 2013, it serves Fortune 100 clients like GSK and Allstate with tools for compliance-focused model development. The company has raised $223.6M and holds a $1.35B valuation.
How does Domino Data Lab handle AI governance?
Domino's platform integrates governance directly into AI workflows, balancing innovation with regulatory requirements. It offers audit trails, model versioning, and compliance documentation specifically designed for sectors like finance and healthcare. This approach helps clients meet strict standards without sacrificing development speed.
Which industries use Domino Data Lab?
Domino primarily serves life sciences, financial services, insurance, government, and tech/media. Its clients include GSK (pharma), Allstate (insurance), and the U.S. Navy. The platform specializes in environments where AI must comply with regulations like HIPAA or financial reporting rules.
Who are Domino Data Lab's competitors?
Domino competes with Weights & Biases for ML ops and DataRobot for automated AI. Its differentiation lies in governance features for regulated industries. While well-funded, these rivals challenge Domino's market share, especially in less compliance-driven sectors.
What awards has Domino Data Lab won recently?
Domino earned a spot on Inc.'s 2026 Best Workplaces list for the second consecutive year. This reflects its employee-centric culture, which helps retain talent in competitive AI/ML markets. The award highlights workplace policies rather than product capabilities.
How much funding has Domino Data Lab raised?
Domino has secured $223.6M total, including a $100M Series F in 2021. Backers include Sequoia Capital and Snowflake Ventures. Its current valuation stands at $1.35B. Funding supports R&D for regulated-industry features and competes with well-capitalized rivals.
Sources
- www.prnewswire.com — Workplace award and company culture
- domino.ai — Notable clients and use cases
- equitybee.com — Funding history and valuation
- domino.ai — Product focus and market positioning