Dear friends of Hyperquery,
Today, I am delighted to announce that we have signed a definitive agreement to be acquired by Deepnote, a leading data notebook provider for data analysts at the most data-forward companies in the world.
Three years ago, Robert, our team, and I set out on a mission to democratize data analytics by building a user-friendly interface not only for data analysts and scientists, but also for decision-makers who use data to make mission-critical business decisions at technology-forward companies.
On this journey, we were fortunate to have built an incredible network of investors, team members, users, and community members that helped make our vision a reality. Firstly, we worked with the absolute best investors and CEOs in the data space, including but not limited to Nikita Shamgunov (Partner at Khosla Ventures, CEO Neon), Amr Awadallah (CEO Vectara), Tristan Handy (CEO dbt Labs), Michel Tricot at (CEO Airbyte), Jordan Tigani (CEO MotherDuck), Kashish Gupta (CEO Hightouch), Kevin Hu (CEO Metaplane), and many others. Secondly, we built a team of more than a dozen hard-working and hard-skinned individuals that steered the ship with us in one of the most choppy market waters in recent history, one that entailed rapidly adapting to Covid and the subsequent market fluctuations. And finally, we formed a data community of thousands of data practitioners who used our product in diverse domains such as energy, healthcare, media, and information technology spanning more than twenty countries.
Moreover, we are proud of the change we were able to bring to our customers’ analytics practices. On the one hand, our careful attention to both technical capability and ergonomic design allowed our users to build analyses that were not only more delightful to make, but also less overwhelming to read. And, as a result, we saw impact that reached far beyond the individual workflow of a data analyst — we were pleasantly surprised to see unprecedented numbers of stakeholders in Hyperquery, not only consuming the content of their technical counterparts, but running queries and forking analyses themselves. This drove profound shifts in behavior at organizations such as Docplanner, Brooklinen, Output, and Zeeto to name a few.
However, while we are proud to have built a product that was used by thousands of data practitioners, we came to the conclusion that we could not sustain Hyperquery as an independent, free-standing business. We decided that the best course of action for our users, investors, team members, and community members would be to join forces with another leading player in our space.
Joining forces with Deepnote was an obvious decision, start to finish. Firstly, Deepnote is one of the leading data notebook companies, with marquee customers such as Ramp, Motive, SoundCloud, and Gusto. Secondly, folks at Deepnote and Hyperquery had years of mutual respect for the products that we respectively had built, and have had an open line of communication between the founders. And finally, due to our similar product shapes, we knew that our customers would be able to port over to Deepnote in a straightforward fashion. We got to a handshake agreement fairly quickly, and the rest is history. We know that Jakub and his team at Deepnote will continue on in their journey to democratize data analytics, and we will cheer them on as we pass our baton to them.
Effective immediately, we will start sunsetting Hyperquery and helping our customers move over to the Deepnote platform. Further, we will be merging our Win With Data community with Deepnote’s community to form one of the largest data communities on the web. We will also be winding down Dataframe, Inc. DBA Hyperquery, the corporate entity behind Hyperquery. By the end of August, our journey will officially come to an end.
One of our core beliefs is that the journey is the reward, And this journey has been a very rewarding one. Thank you all for your support, it won’t be forgotten.
Humbly Yours,
Joseph and Robert, founders of Hyperquery