Fundraising Fox

Iterative

San Francisco, US · Founded 2018 · Delaware corporation · 5 employees on LinkedIn · 4 known investors

Find your way into Iterative

180 people in our graph share verified history with the Iterative team — schools, employers, funds. One of them is your warm intro.

Anne Gheriniunlockedknows Dmitry Petrov · together at Node.io (overlapped)
×8knows the team · via Lomonosov Moscow State University (MSU)
×2knows the team · via Technical University of Munich
knows the team · via Yandex

Iterative.ai makes DataChain, a Python-based data management and versioning layer that runs distributed transformations over files in a company's own cloud storage (S3/GCS/Azure), capturing dataset lineage, metadata, and reproducible experiments. It targets AI/ML researchers and data engineering teams at companies from startups to Fortune 500, letting them search, reuse, and recall datasets and LLM/embedding compute rather than recomputing.

AI & Machine LearningData & InfrastructureDeveloper Tools

Founders & leadership

Iterative was founded in 2018 by Ivan Shcheklein and Dmitry Petrov.

ISIvan Shcheklein
Ivan Shchekleinin𝕏Co-founderIvan Shcheklein is Director at Iterative.ai, which develops data management and versioning tools for machine learning teams. He previously co-founded The Tweeted Times, a news recommendation platform acquired by Yandex, and led the Sedna DB open-source database project.
DPDmitry Petrov
Dmitry Petrovin𝕏Co-Founder, CEODmitry Petrov holds a PhD in Computer Science and previously worked as a data scientist at Microsoft. He is co-founder and CEO of Iterative, which develops DataChain, a data management and versioning platform for AI and ML teams.

Investors · 4

Afore CapitalSan Francisco · $500K – $2M
468 Capitalreported · 3 sourcesBerlin
Locus VenturesreportedPalo Alto
True Venturesreported · 2 sourcesSan Francisco · $500K – $3M

Funding

SEC filings, press & company announcements

$23.9M disclosed across 2 of 3 rounds · 2019–2026

▶$20.1MraisedJun 2021 · 5 investors · Other Technology
Rule 506(b)
Iterative raises $20M for its MLOps platformtechcrunch.com · Jun 2021
Officers, directors & promoters on the filing
  • Ivan ShchekleinDirector
  • Dmitry PetrovExecutive Officer, Director
Offering amount
$20.1M
Amount sold
$20.1M
First sale
Feb 2021
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.9MraisedSep 2019 · 2 investors · Other Technology
Rule 506(c)
Officers, directors & promoters on the filing
  • Ivan ShchekleinDirector
  • Dmitry PetrovExecutive Officer, Director
Offering amount
$4.5M
Amount sold
$3.9M
First sale
Sep 2019
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06c
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Iterative went on to found or lead other companies.

Ivan ShchekleinDirectorFounded DatachainDmitry PetrovCo-Founder & CEOFounded Datachain

In the news

Simaia, an AI-Native GEO Marketing Team, Raises Pre-Seed Funding via Iterative’s S26 Batch | Press Releases | wboc.comwboc.com · Aug 2026Iterative Health raises $77M to expand globallybioxconomy.com · May 2026Iterative Health banks $77m to level up AI-driven clinical research techfinance.yahoo.com · May 2026Iterative Health Closes $77 Million Series C to Accelerate the Future of Clinical Researchiterative.health · Apr 2026Iterative Health Raises $77M in Series C Fundingfinsmes.com · Apr 2026MLOps Company Iterative Raises $20 Million Series A Funding Led by 468 Capitalglobenewswire.com · Jun 2021Iterative raises $20M for its MLOps platformtechcrunch.com · Jun 2021

Frequently asked questions

What does Iterative do?
Iterative.ai makes DataChain, a Python-based data management and versioning layer that runs distributed transformations over files in a company's own cloud storage (S3/GCS/Azure), capturing dataset lineage, metadata, and reproducible experiments. It targets AI/ML researchers and data engineering teams at companies from startups to Fortune 500, letting them search, reuse, and recall datasets and LLM/embedding compute rather than recomputing.
Who founded Iterative?
Iterative was founded by Ivan Shcheklein, Dmitry Petrov in 2018.
Who are Iterative's investors?
Iterative's investors include Afore Capital, 468 Capital, Locus Ventures, True Ventures.
How much funding has Iterative raised?
Iterative has disclosed $23.9M raised across 2 of its 3 known rounds.
Where is Iterative headquartered?
Iterative is headquartered in San Francisco, US.