Data Elite

Data Elite, founded around 2013-2014, is recognized as Silicon Valley's first venture lab focused exclusively on big data startups. The organization aims to cultivate companies that leverage data to disrupt entire industries. It invests in founders with significant data science experience, typically requiring a minimum of five years in the field or a prior exit from a big data company. The venture lab offers a structured 3-month cohort program, providing initial investments ranging from $150K to $1M, along with physical workspace and hands-on mentoring from industry leaders. Notable mentors include executives from Facebook and Netflix. While the organization has a rich history of backing innovative startups, its activity appears to have peaked between 2013 and 2016, with limited recent developments.