Only have 1 minute? Here are 3 key takeaways:
- Polish B2B SaaS startup Quesma closes a $2.3M pre-seed round co-led by Heartcore Capital and Inovo VC.
- The startup was founded by two industry veterans, Jacek Migdał and Paweł Brzoska.
- The capital injection will be used for the development of the product and the team.
Founded in 2023 by engineer Jacek Migdał and product manager Paweł Brzoska, Quesma aims to help customers innovate faster by reshaping how applications are built and connected to their database. With the launch planned for 2024, the startup’s first product targets customers currently facing challenges with the ELK stack (Elastic, Logstash, Kibana).
“Too frequently, companies are burned with legacy maintenance, the wrong tool for the job, and data cleaning instead of producing business value. Their data is not ready to take advantage of recent LLM advances. The typical enterprise data migration is a multi-year effort with a massive percentage of failures and cost overruns. We want to change that,” says Jacek Migdał, Quesma’s CEO.
To develop the product and the team, Quesma has closed a $2.3M pre-seed round, amid the market’s challenges. The investment was co-led by Heartcore Capital, a Danish early-stage fund, and Inovo VC, a Polish fund backing early-stage founders in CEE.
“Joining forces with Quesma aligns perfectly with our mission to support ventures poised to redefine their industries. Jacek and Pawel bring to the table a wealth of experience in the data architecture space and a unique blend of skills. Their vision and track record convinced us to co-lead this round, and we’re excited to be part of their journey,” mentions Tomek Swieboda, Partner at Inovo.
“We are happy to join the team at Quesma on their journey to redefine how applications and databases interconnect. Jacek and Pawel have an exciting technology vision and are assembling a strong team to take on the challenge. Europe has produced great technology in the database space before and we love to invest in these foundational capabilities,” adds Christian Jepsen, Partner at Heartcore.
The founders of Quesma are taking on this challenge with first-hand experience. Jacek Migdal worked for ten years as an engineering leader at Sumo Logic (acquired in 2023 for $1.7Bn by Francisco Partners). Paweł Brzoska spent fourteen years as a product lead at Dynatrace/Compuware. They hired 6 more people, including engineers.
Following this capital injection, the startup plans to develop a novel database gateway, bringing benefits similar to breaking the monolith into microservices. This will allow CTOs to seemingly switch applications and databases and future-proof their whole stack. The product will be open-core, allowing everyone to use it on their own.