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Quadratic is redesigning spreadsheets with a focus on data

Ordinary spreadsheets don’t have a lot of thought put into them. However, spreadsheets are increasingly becoming an important tool for data teams.

Entrepreneur David Kircos knows this. He previously worked at the Techstars accelerator program building financial models for startups.

“Building data models is best done in Python, but many of my team members only know spreadsheets,” Kircos told TechCrunch. “So I built the code to generate the spreadsheet. It was painful; I spent about 10% of my time doing valuable analysis and 90% of my time building the infrastructure and pipeline to generate the reports.”

The experience prompted Kircos, who previously founded and exited a fintech company called Challenger, to work on a company called Quadratic, a startup that launched secretly this week. Kircos described Quadratic, which he co-founded with fellow entrepreneur Peter Mills, “A spreadsheet native to Python and other programming languages.” It allows data analysts and developers to communicate with the rest of the organization using a tool that most people know how to use: a spreadsheet.

“Second Kircos’ mission is to build the best tools for understanding data. ” “This is a way for users to Extract data from data sources (software-as-a-service platforms, databases, CSV files, APIs, etc.) and then process these data formulas using today’s most popular data science tools, including Python, Pandas, SQL, JavaScript, and Excel. “

Using Quadratic, users can bring in hundreds of thousands of rows of data, write analysis in their favorite programming language, and share the results with external stakeholders. The platform provides a workspace for teams, supporting elements such as diagrams and plug-ins for real-time collaboration.

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“Quadratic is a completely new type of spreadsheet, not an Excel clone,” Kilkos said. “We believe in the power of spreadsheets as the primary interface for working with data, but traditional spreadsheets no longer cut it. “

many Companies are or have already tried to “disrupt the spreadsheet”—with varying degrees of success. When asked which vendors he considered Quadratic’s main competitors, Kircos did not answer directly.

Sourcetable’s key features include real-time document collaboration, data synchronization with business applications, and an editor for querying large data sets. Launched in March 2023, Neptyne is building a Python-powered spreadsheet for data scientists. Coefficient and Actiondesk focus on real-time data integration. Equals wanted to enhance existing spreadsheets with additional analytical tools.

but Kircos believes Quadratic stands out in two ways: It’s high-performance thanks to an underlying engine built on Rust and WebGL, and it’s free for personal and educational use. Only businesses and teams have to pay to access it.

“Second is an open access project built by more than six full-time contributors and a total of 18 full-time contributors,” said Kircos. “This The ability to integrate data from disparate platforms for analysis creates a more efficient data and coding process for businesses. “

Boulder, Colorado-based Quadratic, which currently has about 45,000 users, recently closed a $5.6 million seed round led by GV (Google Ventures), with participation from Catapult Ventures, Betaworks, The Fund Rockies and others. Angel investors include Pandas creator Wes McKinney, Repit CEO Amjad Masad and Cockroack Labs founder Spencer Kimball. Funds will be used to expand the team and acquire new customers, Kilkos said.

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