# Philip Odelfelt

> Philip Odelfelt is the co-founder and CEO of Datavations, a New York based AI analytics company that gives building materials and home improvement manufacturers real-time, SKU-level visibility into pricing, inventory, assortment, and distribution. Raised in Sweden and shaped by his father's manufacturing consulting work, he graduated from Colgate University and became a top-ranked quantitative analyst at 7Park Data, building machine learning models that predicted company revenues with sub-1% error. He turned down hedge fund offers to start Datavations in 2020 with Jacob Lucas, and by mid-2025 had raised $27 million total, including a $17 million Series A led by Forestay Capital.

- **Role:** Co-Founder and CEO at Datavations
- **Organizations:** Datavations
- **From:** Sweden
- **Nationality:** Swedish
- **Education:** Bachelor's degree, Colgate University
- **Known for:** Co-founded and leads Datavations, an AI retail analytics platform for the building materials and home improvement industries, Raised $27 million in total funding, including a $17 million Series A led by Forestay Capital in July 2025, Ranked in the top 1% of employees at 7Park Data as a quantitative analyst

## Career timeline

- **Early career** — Summer internships in IT at Deutsche Bank, at a hedge fund (Tocqueville Asset Management), and a recruiting program in North Africa while at Colgate University
- **Post-college** — Analytics consultant in retail at FTI Consulting
- **Later** — Data scientist at Lastmile Retail
- **Pre-2020** — Quantitative analyst at 7Park Data (Vista Equity owned), ranked top 1% of employees; built ML revenue-prediction models with sub-1% error for clients including Citadel, Tiger, and Point72
- **2020** — Co-founded Datavations with Jacob Lucas in New York
- **2023** — Closed $4.2 million seed funding round
- **2025** — Raised $17 million Series A led by Forestay Capital, bringing total funding to $27 million

## Achievements

- Co-founded and leads Datavations, an AI retail analytics platform for the building materials and home improvement industries
- Raised $27 million in total funding, including a $17 million Series A led by Forestay Capital in July 2025
- Ranked in the top 1% of employees at 7Park Data as a quantitative analyst
- Built a proprietary machine learning model predicting industrial and consumer company revenues with sub-1% error across five consecutive quarters
- Served financial predictions to major funds including Citadel, Tiger, and Point72
- Attracted individual backers including Travis May (founder of LiveRamp and Datavant) and Rusty Reed (former Procore CFO)

## Latest updates

- **2025-07** — Datavations raised $17 million in Series A funding led by Forestay Capital, bringing total funding to $27 million.

## Links

- Website: https://datavations.ai
- LinkedIn: https://www.linkedin.com/in/philipodelfelt/

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Profile page: https://yespress.io/philip-odelfelt
Published by YesPress — https://yespress.io
Last updated: 2026-08-05
