Starburst Data Startup Diligence Report
Starburst has credible public unicorn-list support and a differentiated Trino-based data-access thesis, but diligence must prove private revenue scale, retention, workload economics and defensibility versus Snowflake, Databricks, Dremio and cloud-native query engines.
Starburst Data Startup Diligence Report
Starburst Data appears to be an active private U.S. enterprise-data unicorn based on CB Insights/Wikipedia screening and Starburst’s own 2022 $250M Series D announcement at $3.35B. Public evidence supports product/category, pricing, customer-logo/case-study, partner, technical, security and hiring signals. Core underwriting remains unresolved because financial quality, current valuation, customer concentration, retention, cap table, contracts, security reports, insurance and complete legal/regulatory records are private.
The company competes with Snowflake, Databricks, Dremio and adjacent incumbents with larger distribution or procurement leverage.
Diligence request: Run win/loss, pricing, discount and renewal benchmarks against direct and suite competitors.
Public evidence does not include audited statements, current ARR, gross margin, cash, debt, CAC/payback, NRR or cohort retention.
Diligence request: Request audited financials, KPI pack, cash/debt schedule, revenue bridge, cohort retention and board-approved forecast.
Latest public valuation anchor is $3.35B from February 2022; public sources do not prove current post-money, liquidation stack or investor preferences.
Diligence request: Request financing documents, cap table, preference stack, option pool, 409A marks and any down-round or secondary transaction evidence.
Public customer logos and case studies do not disclose ARR by account, renewal status, churn, NRR or contract obligations.
Diligence request: Request top-customer ARR by cohort, renewal schedule, churned accounts, contract terms and independent references.
Trino is Apache-licensed and publicly available; Starburst must prove proprietary differentiation, conversion and IP/OSS compliance.
Diligence request: Review proprietary code, connectors, performance IP, OSS contribution/assignment records and customer conversion from OSS to paid.
Starburst products connect to many sensitive data sources; misconfiguration, SaaS isolation issues or connector vulnerabilities could create broad data exposure.
Diligence request: Review SOC 2 Type II, ISO scope, pen tests, incident history, architecture, tenant isolation, RBAC/ABAC, audit logs and customer security exceptions.
Public product materials do not provide architecture review, incident history, uptime, security attestations, model-quality evidence or technical debt analysis.
Diligence request: Request roadmap, architecture review, SOC/security reports, incident history, SDLC controls and product-quality metrics.
Public product depends on Trino and Apache Iceberg ecosystem health, AWS/GCP/Azure cloud costs and marketplaces, Enterprise data-security approvals; operational concentration and vendor terms are not public.
Diligence request: Request vendor dependency map, integration SLAs, supplier/customer implementation data and concentration analysis.
Starburst Data's public valuation and funding anchors are visible, but audited financial statements, current ARR, cash/debt, cap table and valuation support are private.
not publicly verifiable confidence: low
Public sources do not disclose annual and quarterly financial information for the past three years at diligence depth; private data-room records are required.
| metric | public signal | verification status | private data request |
|---|---|---|---|
| Revenue / ARR | No current ARR/revenue disclosed in public sources | not_publicly_verifiable | Audited financials, ARR bridge and cohort revenue schedules |
| Gross margin / COGS | No public gross margin or cost-to-serve data found | not_publicly_verifiable | Gross margin by product, hosting/support/service costs and accounting policy |
| CAC, payback and quota productivity | No public sales-efficiency dataset found | not_publicly_verifiable | Pipeline, bookings, quota attainment, CAC, payback and marketing attribution |
not publicly verifiable confidence: low
Public sources do not disclose financial projections at diligence depth; private data-room records are required.
not publicly verifiable confidence: low
Public sources do not disclose capital structure at diligence depth; private data-room records are required.
| stakeholder | public position | diligence caveat |
|---|---|---|
| Index Ventures | Publicly identified investor or financing participant | Share class, ownership percentage, preferences and board rights are not public |
| Coatue Management | Publicly identified investor or financing participant | Share class, ownership percentage, preferences and board rights are not public |
| Andreessen Horowitz | Publicly identified investor or financing participant | Share class, ownership percentage, preferences and board rights are not public |
| Alkeon | Publicly identified investor or financing participant | Share class, ownership percentage, preferences and board rights are not public |
| Founders and employees | Management/founder roles are publicly visible for some executives | Founder/common ownership, option pool and vesting schedules require cap table and stock-plan records |
not publicly verifiable confidence: low
Public sources do not disclose other financial information at diligence depth; private data-room records are required.
| date | round | lead or participants | amount | post money or valuation | source |
|---|---|---|---|---|---|
| 2019-11 (referenced) | Series A | Index Ventures referenced in company Series B post | $22M | not public | Starburst Series B post |
| 2020-06 | Series B | Coatue joined; Index board context | $42M | not public | Starburst Series B post |
| 2021-01 | Series C | Andreessen Horowitz, Salesforce Ventures, Index, Coatue | $100M | not public in company post | Starburst Series C post |
| 2022-02 | Series D | Alkeon, Altimeter, B Capital, a16z, Coatue, Index, Salesforce Ventures | $250M | $3.35B | Starburst Series D post; CB/Wikipedia cross-check |
Starburst Data publicly markets products in Data lakehouse, federated analytics, Trino-based enterprise data platform and AI data access; product economics, roadmap quality and implementation outcomes require validation.
partially verified confidence: medium
Starburst Data publicly describes Starburst Galaxy, Starburst Enterprise, AIDA, Icehouse; private diligence should validate adoption, margins, roadmap and implementation quality.
| product | audience | key features | public evidence | verification status |
|---|---|---|---|---|
| Starburst Galaxy | Cloud analytics teams | Fully managed enterprise intelligence platform on AWS, GCP and Azure | Company product navigation | verified |
| Starburst Enterprise | Hybrid/on-prem enterprise data teams | Self-managed platform across private cloud, hybrid and on-prem environments | Company product navigation | verified |
| Trino/Icehouse-based analytics | Data engineering, BI and AI users | Federated query, Apache Iceberg optimization, workload isolation and governance | Company homepage/about pages | verified |
| package or axis | public signal | competitor or benchmark | diligence gap |
|---|---|---|---|
| Pro | Starting at $0.50/credit | Usage-priced cloud data services | Realized consumption, discounts, margin and free-trial conversion |
| Enterprise | Starting at $0.75/credit; advanced autoscaling, fine-grained access controls, AWS PrivateLink; AIDA separately billed | Enterprise lakehouse/data-cloud products | ACV, support obligations, security commitments and gross margin |
| Mission-Critical | Starting at $1.00/credit / contact sales; elite support and uptime guarantees | Mission-critical enterprise data platforms | SLA credit exposure, support staffing and negotiated terms |
Public customer evidence exists for Starburst Data, but revenue by customer, renewal health, concentration and severed relationships are not public.
partially verified confidence: medium
Starburst publishes a customer logo wall and states organizations in 60+ countries rely on Starburst; public logos do not disclose revenue weight. Revenue-level customer data and severed-relationship history require company records.
| customer | source | use case or signal | verification status |
|---|---|---|---|
| Lockheed Martin | Starburst customer page / case study card | Starburst Enterprise intelligent factory; 60% manufacturing sites integrated, 100+TB telemetry, 1000+ connected devices | partially_verified |
| Talkdesk | Starburst customer page / case study card | Starburst Galaxy; 150x query failure reduction, 85% faster P99 query times, 20 tools consolidated | partially_verified |
| Checkatrade | Starburst customer page / case study card | 60% faster data processing, 35% employees self-serve insights, 100TB processed daily | partially_verified |
| Comcast, DoorDash, Optum, ZoomInfo, S&P Global and other logos | Starburst customer/logo page | Public logo proof; active contract and revenue contribution not disclosed | partially_verified |
partially verified confidence: medium
Starburst publishes a customer logo wall and states organizations in 60+ countries rely on Starburst; public logos do not disclose revenue weight. Revenue-level customer data and severed-relationship history require company records.
| relationship or dependency | nature | public evidence | gap |
|---|---|---|---|
| Index Ventures | Investor / financing participant | Public financing or unicorn-list evidence | Investor rights, liquidation preferences and board rights not public |
| Coatue Management | Investor / financing participant | Public financing or unicorn-list evidence | Investor rights, liquidation preferences and board rights not public |
| Andreessen Horowitz | Investor / financing participant | Public financing or unicorn-list evidence | Investor rights, liquidation preferences and board rights not public |
| Trino and Apache Iceberg ecosystem health | Operating dependency | Inferred from public product model | Concentration, terms and SLAs require private diligence |
| AWS/GCP/Azure cloud costs and marketplaces | Operating dependency | Inferred from public product model | Concentration, terms and SLAs require private diligence |
| Enterprise data-security approvals | Operating dependency | Inferred from public product model | Concentration, terms and SLAs require private diligence |
| Connector coverage across warehouses and SaaS apps | Operating dependency | Inferred from public product model | Concentration, terms and SLAs require private diligence |
not publicly verifiable confidence: low
Starburst publishes a customer logo wall and states organizations in 60+ countries rely on Starburst; public logos do not disclose revenue weight. Revenue-level customer data and severed-relationship history require company records.
| customer group | public signal | revenue weight | verification status | request |
|---|---|---|---|---|
| Top 10 customers | Not disclosed | — | not_publicly_verifiable | Top-customer ARR, gross margin, contract term, renewal date and payment history |
| Named public customers/logos | Comcast, HSBC, Halliburton, Volkswagen, DoorDash | — | partially_verified | Signed customer references and logo-use permissions |
| Churned or severed relationships | No comprehensive public churn list found | — | not_publicly_verifiable | Lost customer list, churn reasons and downgrade analysis |
not publicly verifiable confidence: low
Starburst publishes a customer logo wall and states organizations in 60+ countries rely on Starburst; public logos do not disclose revenue weight. Revenue-level customer data and severed-relationship history require company records.
not publicly verifiable confidence: low
Starburst publishes a customer logo wall and states organizations in 60+ countries rely on Starburst; public logos do not disclose revenue weight. Revenue-level customer data and severed-relationship history require company records.
Starburst Data competes in a crowded category with direct specialists and larger adjacent platforms; public evidence is insufficient for win/loss or pricing-power conclusions.
partially verified confidence: medium
Public evidence supports a competitive screen against Snowflake, Databricks, Dremio, but buyer win/loss data is private.
| competitor | segment | funding or scale signal | product overlap | differentiator |
|---|---|---|---|---|
| Snowflake | Cloud data platform / warehouse | Requires current market benchmarking | Cloud data platform / warehouse | Centralized platform with large enterprise installed base |
| Databricks | Lakehouse, AI and data engineering platform | Requires current market benchmarking | Lakehouse, AI and data engineering platform | Broad analytics/AI platform and strong ecosystem |
| Dremio | Apache Arrow/Iceberg lakehouse analytics | Requires current market benchmarking | Apache Arrow/Iceberg lakehouse analytics | Direct open-lakehouse query competitor |
| Cloud-native query engines | AWS Athena, BigQuery, Redshift Spectrum and others | Requires current market benchmarking | AWS Athena, BigQuery, Redshift Spectrum and others | Hyperscaler bundling and procurement pressure |
| axis | target position | top competitor position | evidence or gap |
|---|---|---|---|
| Product specialization | Focused category-specific platform | Suite vendors may bundle adjacent workflows | Need win/loss and buyer interviews |
| Data/network effects | Publicly claims proprietary data or domain network | Competitors may have broader datasets or distribution | Need model/data quality and customer outcome benchmarks |
| Pricing power | Enterprise software packaging | Incumbents can discount/bundle | Need discount waterfall and renewal uplift |
| Security/compliance | Public security/compliance posture signals | Large competitors may have deeper assurance packages | Need SOC, DPA, pen-test and regulatory evidence |
Public channels show enterprise/content/customer-story motions, but CAC, sales productivity, pipeline and marketing attribution remain private.
partially verified confidence: medium
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
| channel | region | public evidence | gap |
|---|---|---|---|
| Enterprise direct sales | Global / target enterprise markets | Observed on public website, content or product motion | Contribution, CAC, conversion and quota productivity not public |
| Open-source Trino community adjacency | Global / target enterprise markets | Observed on public website, content or product motion | Contribution, CAC, conversion and quota productivity not public |
| Cloud marketplace/free-trial motion | Global / target enterprise markets | Observed on public website, content or product motion | Contribution, CAC, conversion and quota productivity not public |
| Events and AI/Datanova thought leadership | Global / target enterprise markets | Observed on public website, content or product motion | Contribution, CAC, conversion and quota productivity not public |
| signal | public evidence | strength | diligence gap |
|---|---|---|---|
| Customer stories/logos | Starburst publishes a customer logo wall and states organizations in 60+ countries rely on Starburst; public logos do not disclose revenue weight. | medium | Revenue impact and independent references |
| Thought leadership / regulatory or technical content | Company maintains public content, resources or events | medium | Attribution to pipeline and CAC |
| Partner/integration ecosystem | Trino and Apache Iceberg ecosystem health; AWS/GCP/Azure cloud costs and marketplaces; Enterprise data-security approvals; Connector coverage across warehouses and SaaS apps | low | Partner-sourced pipeline, rev share and integration maintenance cost |
partially verified confidence: medium
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
partially verified confidence: medium
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
partially verified confidence: medium
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
partially verified confidence: medium
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
Public product and technical-leadership signals support active R&D, but roadmap, budget, technical debt, security and incident history require private diligence.
partially verified confidence: medium
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
| name | role | background or signal | source |
|---|---|---|---|
| Justin Borgman | Co-founder & CEO | Public leadership or technical/product role | Company leadership/about page |
| Martin Traverso | Chief Technology Officer | Public leadership or technical/product role | Company leadership/about page |
| Matt Fuller | Vice President, AI/ML Products; founder | Public leadership or technical/product role | Company leadership/about page |
| Megan Maslanka | Chief People Officer | Public leadership or technical/product role | Company leadership/about page |
| Lisa Luscap | Chief Marketing Officer | Public leadership or technical/product role | Company leadership/about page |
| Jitender Aswani | SVP, Engineering | Public leadership or technical/product role | Company leadership/about page |
partially verified confidence: medium
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
| project or capability | status | expected date | source | verification status |
|---|---|---|---|---|
| Starburst Galaxy | Publicly marketed capability or package | — | Company product/platform pages | partially_verified |
| Starburst Enterprise | Publicly marketed capability or package | — | Company product/platform pages | partially_verified |
| AIDA | Publicly marketed capability or package | — | Company product/platform pages | partially_verified |
| Icehouse | Publicly marketed capability or package | — | Company product/platform pages | partially_verified |
| Trino connectors | Publicly marketed capability or package | — | Company product/platform pages | partially_verified |
| Private roadmap and R&D budget | Not public | — | Diligence request | not_publicly_verifiable |
Senior leaders are publicly visible for Starburst Data, while full org chart, headcount, compensation, equity and turnover records are private.
partially verified confidence: medium
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
partially verified confidence: medium
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
| function or metric | public signal | source | verification status | request |
|---|---|---|---|---|
| Engineering | 8 open roles observed, including Application Security Engineer, Software Engineer - Trino Engine and senior/staff roles in India/Warsaw | Open roles page | verified | Confirm net hiring plan, headcount and attrition |
| R&D / benchmarking | 2 benchmarking infrastructure roles observed in Poland/India | Open roles page | verified | Confirm performance roadmap and R&D budget |
| GTM, support and services | 10 roles observed across support, professional services, sales development and enterprise sales | Open roles page | verified | Quota/ramp/productivity, support load and services margin |
| Total headcount / turnover | Not publicly disclosed; careers page names major offices in Boston, San Francisco, London, Warsaw and Tel Aviv | Careers/open roles pages | not_publicly_verifiable | HRIS export, turnover and projected headcount by function/location |
partially verified confidence: medium
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
| name | role | tenure or public context | source |
|---|---|---|---|
| Justin Borgman | Co-founder & CEO | Tenure/compensation requires HRIS and employment agreements unless public bio states otherwise | Company leadership/about page |
| Martin Traverso | Chief Technology Officer | Tenure/compensation requires HRIS and employment agreements unless public bio states otherwise | Company leadership/about page |
| Matt Fuller | Vice President, AI/ML Products; founder | Tenure/compensation requires HRIS and employment agreements unless public bio states otherwise | Company leadership/about page |
| Megan Maslanka | Chief People Officer | Tenure/compensation requires HRIS and employment agreements unless public bio states otherwise | Company leadership/about page |
| Lisa Luscap | Chief Marketing Officer | Tenure/compensation requires HRIS and employment agreements unless public bio states otherwise | Company leadership/about page |
| Jitender Aswani | SVP, Engineering | Tenure/compensation requires HRIS and employment agreements unless public bio states otherwise | Company leadership/about page |
not publicly verifiable confidence: low
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
not publicly verifiable confidence: low
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
partially verified confidence: medium
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
not publicly verifiable confidence: low
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
Public legal, regulatory, insurance, material-contract and IP evidence is incomplete; counsel-led diligence is required.
not publicly verifiable confidence: low
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
| category | public result | verification status | required private record |
|---|---|---|---|
| Pending lawsuits against company | Limited CourtListener exact-name opinion search returned no published opinions; not comprehensive | unverified | Counsel docket search, claims schedule and settlement history |
| Company-initiated lawsuit | CourtListener lists STARBURST DATA, INC. v. HEWITT, M.D.N.C. 2025, filed 2025-03-18, contract/conversion; complaint filed by Starburst | verified | Complaint, answer/motions, counsel assessment, legal budget and settlement posture |
| Material contracts | Public terms exist, but customer/vendor/cloud/partner contracts are private | not_publicly_verifiable | Executed contracts, DPAs, SLAs, amendments and side letters |
| Insurance | No insurance schedule found publicly | not_publicly_verifiable | D&O, E&O/cyber, GL, claims history and broker summaries |
not publicly verifiable confidence: low
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
partially verified confidence: medium
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
partially verified confidence: medium
Starburst Data uses public enterprise GTM signals including Enterprise direct sales, Open-source Trino community adjacency, Cloud marketplace/free-trial motion; contribution economics are not public.
| matter | public signal | status | source | diligence request |
|---|---|---|---|---|
| Trademarks | TrademarkElite lists STARBURST GALAXY and STARBURST live; STARBURST DATA dead | partially_verified | TrademarkElite secondary trademark table | Verify official USPTO/TSDR, assignments, oppositions and renewals |
| Trino / OSS license and naming history | Trino GitHub says fast distributed SQL engine; Apache 2.0 license; project rebranded from PrestoSQL | verified | Trino GitHub/license/blog | Review OSS policy, CLAs, contributor assignments, proprietary boundary and trademark rights |
| Security / privacy | Galaxy security page and trust center list RBAC/ABAC, encryption, masking, SOC 2, ISO 27001:2022, GDPR and CCPA | partially_verified | Starburst security/trust pages | SOC reports, penetration tests, DPAs, subprocessor list and incident history |
| Privacy / standard terms | Privacy policy and Galaxy terms are public; executed contracts and negotiated terms are private | partially_verified | Starburst privacy and terms pages | Material contracts, DPAs, SLAs, insurance and regulator notices |
not publicly verifiable confidence: low
Insurance coverage, cyber/E&O/D&O policies and claims history are not public; this is a private legal/finance diligence item.
not publicly verifiable confidence: low
Public privacy policy and Galaxy terms are available, but executed customer, supplier, partner, cloud and employment contracts are private.
not publicly verifiable confidence: low
Security/trust/privacy pages support screening, but regulatory agency history, breach notices, incident history and correspondence are not public.
| ID | Claim | Status | Sources |
|---|---|---|---|
| EC-001 | Starburst Data is publicly listed as a private unicorn with a roughly $3.3B-$3.35B valuation. | verified high | SRC-001SRC-002 |
| EC-002 | Starburst sells a Trino-based enterprise intelligence and data lakehouse platform for distributed data. | verified medium | SRC-003SRC-004 |
| EC-003 | Starburst publishes broad enterprise customer-logo evidence and claims organizations in 60+ countries rely on it. | partially verified medium | SRC-003SRC-006 |
| EC-004 | Starburst discloses usage-based pricing for Galaxy but not realized economics. | partially verified medium | SRC-003SRC-005 |
| EC-005 | Starburst current public leadership includes Justin Borgman as co-founder and CEO and Martin Traverso as CTO. | verified medium | SRC-004 |
| EC-006 | Starburst differentiation is tied to Trino creators and the open Trino/Iceberg ecosystem. | verified medium | SRC-003SRC-007 |
| EC-007 | Starburst explicitly positions against Snowflake and Databricks in a competitive enterprise data platform market. | verified medium | SRC-003SRC-004 |
| EC-008 | Audited financials, ARR, retention, customer concentration, cloud-cost exposure, cap table and legal materials were not publicly available. | not publicly verifiable high | SRC-001SRC-002SRC-003 |
| EC-009 | Starburst has public trademark notices, but material IP ownership, open-source contribution obligations and patent coverage require counsel review. | partially verified medium | SRC-003SRC-007 |
| EC-010 | Starburst announced a $250M Series D at a $3.35B valuation. | verified high | SRC-008 |
| EC-011 | Starburst announced prior venture financings: $100M Series C, $42M Series B and referenced a $22M Series A. | verified medium | SRC-009SRC-010 |
| EC-012 | Starburst Galaxy and Enterprise are publicly described as managed and self-managed/hybrid data lakehouse products. | verified medium | SRC-011SRC-012 |
| EC-013 | Starburst publishes credit pricing for Galaxy tiers. | partially verified medium | SRC-005 |
| EC-014 | Starburst customer page publishes named customer proof and metrics for Lockheed Martin, Talkdesk and Checkatrade. | partially verified medium | SRC-006 |
| EC-015 | Starburst publishes partner ecosystem evidence across clouds, ISVs and consulting/services partners. | verified medium | SRC-013 |
| EC-016 | Starburst public security pages list RBAC/ABAC, encryption, masking and compliance frameworks. | partially verified medium | SRC-014SRC-015 |
| EC-017 | Trino is an Apache-licensed open-source distributed SQL engine formerly known as PrestoSQL. | verified high | SRC-017SRC-018SRC-019 |
| EC-018 | Starburst shows public hiring activity with 25 open roles across engineering, R&D, GTM, support, services, product and operations. | verified medium | SRC-024SRC-025 |
| EC-019 | A public CourtListener search found one 2025 federal docket initiated by Starburst Data, Inc. | verified medium | SRC-026SRC-027 |
| EC-020 | Secondary trademark data lists STARBURST GALAXY and STARBURST as live marks and STARBURST DATA as dead. | partially verified medium | SRC-028 |
This report is a public-evidence diligence snapshot, not investment advice. Important financial, legal, technical, and contractual facts remain non-public and should be verified directly with management and primary documents before any investment decision.