Matthew Scullion co-founded his first startup at 18. In 2011 he and Ed Thompson quit their jobs and started Matillion near Manchester.
Thompson wrote the first product himself in a rural area outside the city. Scullion set the guiding principles for the company. Thompson became CTO and Scullion became CEO.
Matillion's software transforms data inside the cloud data warehouses that companies were already adopting. Its rivals include Fivetran, Informatica, Talend, dbt Labs and Airbyte.
A first round of about $5 million came in 2016, then a $20 million Series B in 2018 with YFM Equity Partners and Scale Venture Partners. Series C followed in 2019. In September 2021 General Atlantic led a $150 million Series E at $1.5 billion. Scullion told The Business Desk in March 2022 that the founders never aimed to be a unicorn and focused on integrity and quality.