Gryphon Investors backs phData with new funding for enterprise AI services
Minneapolis-based AI and data services firm phData gets new funding from existing investor Gryphon Investors, with Anthropic participating.
phData, an AI and data services firm, announced new funding from existing investor Gryphon Investors, with participation from Anthropic. The company said it will use the funding to grow its team and expand its services for enterprises.
phData is a member of the Claude Partner Network, Anthropic's program for firms that help enterprises deploy Claude in production. The company describes its work as AI-ready data, semantic layers, and forward-deployed engineering, with a focus on measurable client outcomes.
Founded in 2014 and headquartered in Minneapolis, phData has more than 900 professionals across the US, Latin America, and India. It is also a strategic partner to Snowflake, AWS, and dbt.
Deal facts
- Target
- phData
- Business
- AI and data services firm that helps enterprises build AI-ready data and infrastructure
- Buyer
- Gryphon Investors
- Sponsor
- Gryphon Investors
- Deal type
- Investment
- Headquarters
- Minneapolis, Minnesota
- Status
- Announced, not yet closed
- Announced
- Wednesday, October 28, 2026
Sources
- Gryphon InvestorsOct 28, 2026
Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.