Quesma, a Polish database startup, has secured a massive $2.3 million pre-seed round
- Business
- December 20, 2023
- Quesma, a Polish B2B SaaS firm, has closed a $2.3 million pre-seed round led by Inovo VC and Heartcore Capital.
- Two seasoned businessmen, Paweł Brzoska and Jacek Migdał, launched the enterprise.
- The team and the product will both be developed with the help of the money infusion.
In 2023, Quesma was established by Paweł Brzoska, a product manager, and engineer Jacek Migdał with the goal of accelerating client innovation through a redesign of application development and database connectivity. The startup’s initial product, slated for debut in 2024, is aimed at clients that are currently having issues 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.
Despite the difficulties in the industry, Quesma has closed a $2.3 million pre-seed round to expand the team and the product. Inovo VC, a Polish firm that supports early-stage companies in CEE, and Heartcore Capital, a Danish early-stage fund, co-led the investment.
“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.
With first-hand expertise, the Quesma founders are taking on this issue. For ten years, Jacek Migdal led the engineering team of Sumo Logic, which Francisco Partners acquired in 2023 for $1.7 billion. At Dynatrace/Compuware, Paweł Brzoska led the product team for fourteen years. Six more employees, including engineers, were hired.
The business intends to use the money it received to create a revolutionary database gateway that will have advantages analogous to splitting a monolith into smaller components. CTOs will be able to future-proof their entire stack and seem to swap applications and databases thanks to this. Everyone will be able to use the product independently because it will be open-core.