Funding Round attributes
Bemi, a Toronto-based startup, recently raised $1.2 million CAD in a pre-seed funding round led by Night Capital, with participation from Mucker Capital, Niche Capital, and angel investors. Co-founded by Arjun Lall and Evgeny Li, both former engineers at Universe, Bemi focuses on optimizing database infrastructure for developers, particularly those using PostgreSQL. The company’s platform automates the process of tracking and monitoring data changes, simplifying tasks like compliance and troubleshooting. With this funding, Bemi aims to expand its product development and grow its engineering team, primarily focusing on Canadian talent.
The core of Bemi’s solution lies in its ability to handle real-time data tracking in PostgreSQL databases, an area that Lall and Li identified as crucial from their experiences at Universe. By automating this process, Bemi helps developers maintain better visibility over their databases, offering features that assist in debugging and managing compliance issues, all without the need for custom scripts or complex setups. This efficiency allows companies to focus on building their products without the overhead of extensive database maintenance.
The raised funds will primarily be allocated towards hiring additional talent, particularly engineers, to support Bemi’s product growth. According to Bemi’s founders, the ultimate goal is for their platform to become the standard tool for managing data changes in PostgreSQL databases. By providing a more intuitive, automated solution, Bemi hopes to address a widespread challenge faced by developers working with large-scale, dynamic datasets.
