Data Gumbo
Data Gumbo operates GumboNet, a private permissioned Blockchain as a Service platform that uses smart contracts and real-time IIoT sensor data to automate and validate industrial B2B transactions for energy, mining, construction, and supply chain enterprises.
- Company typePrivate
- Founded2016
- HeadquartersHouston, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Data Gumbo does
Data Gumbo Corporation, founded in 2016 and headquartered in Houston, Texas, operates a private, permissioned Blockchain as a Service (BaaS) platform called GumboNet that automates and validates industrial B2B commercial transactions through smart contracts. The platform combines distributed ledger technology with real-time Industrial IoT (IIoT) sensor data and REST API integrations to convert manually executed, multi-step industrial workflows into automated two-step processes, eliminating invoice disputes and reducing reconciliation effort by more than 90%. Adjacent offerings include the GumboNet ESG module for automated sustainability reporting and the GumboStore marketplace for licensing smart contract templates, the latter of which is the only IADC Certified Smart Contract Network in the energy sector.
The company serves large industrial enterprises across oil and gas, supply chain and logistics, mining, construction, manufacturing, ESG, and commercial real estate, with disclosed operating entities in Houston (US), Stavanger (Norway), London (UK), and Al Khobar (Saudi Arabia). GumboNet Subscribers are charged 1% per transaction with a $50,000 monthly minimum, while Network Participants (counterparties of existing subscribers) and Smart Contract Publishers join free under a freemium or revenue-share model. The platform has achieved SOC 1 Type 2 audited security, integrates with SAP and other ERP systems, and is backed by strategic corporate venture investors including Saudi Aramco Energy Ventures, Equinor Technology Ventures, Carnrite Ventures, and L37 Partners, with cumulative disclosed funding of approximately $26.65 million across seven rounds through August 2022.
Data Gumbo firmographics
Firmographics- Name
- Data Gumbo
- Legal name
- Data Gumbo Corporation
- Website
- https://datagumbo.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Data Gumbo operates GumboNet, a private permissioned Blockchain as a Service platform that uses smart contracts and real-time IIoT sensor data to automate and validate industrial B2B transactions for energy, mining, construction, and supply chain enterprises.
- Ownership category
- akta.pro rank
Data Gumbo industry classification
Industry- Product category
- Enterprise Blockchain Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB)
Keywords
Where Data Gumbo is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Data Gumbo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- GumboNet Subscription (Usage-based): GumboNet Subscribers pay 1% per transaction or a minimum of $50,000 per month. Designed for enterprises with large payment volumes, high value transactions, or complex business models. Additional fees may apply for smart contracts purchased through GumboStore.
- GumboStore Marketplace Revenue Share: Smart Contract Publishers create and publish templates on GumboStore free of charge. Publishers set pricing and share revenue with Data Gumbo per the agreed revenue-share model.
- Network Participant Onboarding: Free for counterparties invited by existing GumboNet subscribers. Provides access to the GumboNet network for B2B transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Monthly | GumboNet Subscriber — for large enterprises with high transaction volumes |
| Freemium | Pay-as-you-go | Smart Contract Publisher — for developers creating smart contract templates |
| Freemium | Pay-as-you-go | Network Participant — for counterparties of existing GumboNet subscribers |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels9 records
Data Gumbo product offering
Product offeringCore offering
Data Gumbo provides GumboNet, a private permissioned Blockchain as a Service (BaaS) platform that industrial enterprises use to execute touchless B2B commercial transactions via immutable, automated smart contracts validated by real-time IIoT sensor and ERP data. The platform reduces invoice reconciliation by at least 90% and turns 14+ step processes into 2 steps, packaged as a usage-based subscription (1% per transaction or $50,000/month minimum) with an integrated ESG reporting smart contract module and a smart contract template marketplace (GumboStore).
Product overview
Data Gumbo offers GumboNet™ as its core enterprise blockchain and smart contract platform. GumboNet™ is a private, permissioned Blockchain as a Service solution that enables touchless B2B transactions through immutable, automated smart contracts powered by real-time IoT sensor data. The product portfolio includes the GumboNet™ core platform, the GumboNet™ ESG add-on module for automated sustainability reporting, and the GumboStore marketplace for smart contract templates. GumboNet™ provides 90%+ reduction in invoice reconciliation, touchless transactions decreasing expenses by more than 10%, and financial returns within 120 days. Pricing is available as a 1% per transaction or $50K/month subscription for GumboNet Subscribers, with free access for Network Participants and Smart Contract Publishers.
Differentiator
Problem solved
Functional benefit
Brands
- GumboNet: Enterprise blockchain and smart contract platform that powers the world's largest B2B ecosystem. Provides Blockchain as a Service, smart contract templates, and IIoT integration for touchless B2B transactions.
- GumboNet ESG
- GumboStore
Products and services
- GumboNet™ Private, permissioned Blockchain as a Service (BaaS) platform for industrial B2B enterprises. GumboNet enables touchless commercial transactions via immutable, automated smart contracts that consume real-time IoT sensor and field data to validate transactions, settle payments, and eliminate intermediaries. Sold as a usage-based subscription to enterprise subscribers.
- GumboNet™ ESG Automated sustainability measurement and ESG reporting smart contract for industrial enterprises. Uses real-time IIoT sensor data to measure and report GHG emissions, biodiversity impact, operational impact, and workforce health and safety in accordance with international standards, producing a GumboNet Certified ESG Report. Included with every GumboNet subscription.
- GumboStore Smart Contract Marketplace Self-serve online marketplace where third-party Smart Contract Publishers can create, publish, and license industrial smart contract templates for use on the GumboNet network. Publishers set their own pricing, publish templates free of charge, and share revenue with Data Gumbo per an agreed revenue-share model.
- Blockchain as a Service (BaaS) Full-stack Blockchain as a Service offering that bundles network infrastructure, private blockchain, smart contracts, marketplace, and business network together as a usage-based subscription for industrial enterprises. Designed to deliver more than 10% cost savings within six months of implementation.
Quantifiable outcome
- Reduce invoice reconciliation by at least 90%
- +6 more outcomes
Companies that use Data Gumbo
Customer profileSegments8 records
Ideal customer profiles3 records
Data Gumbo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability2 records
Feature6 records
Data Gumbo partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- IADC (International Association of Drilling Contractors)coreIADC partnership for certified smart contracts. Data Gumbo offers the only IADC Certified Smart Contract Network, providing industry-recognized certification for drilling and completions smart contract templates used across the energy sector.
- KongsbergcoreKongsberg is listed as a partner, indicating integration or technology collaboration within the Data Gumbo ecosystem for industrial applications.
- Carnrite GroupcoreCarnrite Group is listed as a partner and has invested in Data Gumbo through Carnrite Ventures. Partnership appears to involve strategic advisory and go-to-market collaboration for energy sector deployments.
- Construction Industry Institute (CII)minorCII partnered with Data Gumbo for a webinar to discuss ways to extend and extract additional value from existing ICE (internal combustion engine) assets along with cost-effective strategies to reduce carbon emissions and simplify ESG reporting.
Scale indicators2 records
Recent moves7 records
Expansion highlights5 records
Data Gumbo competitors and assessment
Company assessmentDirect peers
- Energy Web Foundation: Nonprofit building open-source blockchain tools specifically for the energy sector, including grid and decarbonization use cases. Most direct comparable to Data Gumbo's energy-vertical smart contract platform with overlapping IoT sensor integration and similar target customers among utilities and energy majors.
- OriginTrail: Decentralized knowledge graph for supply chain interoperability and product data sharing. Targets similar supply-chain transparency and inter-enterprise data integrity problems with overlapping manufacturing, logistics, and ESG reporting customers.
- Ambrosus: IoT-blockchain platform for supply chain traceability and quality assurance in food, pharma, and manufacturing. Comparable to Data Gumbo's IIoT-sensor-driven transaction validation and ESG/provenance use cases for industrial supply chains.
- Skuchain: Enterprise blockchain platform focused on B2B trade finance, inventory financing, and supply chain visibility. Closest functional analog to Data Gumbo's commercial-transaction automation, addressing the same invoice-dispute and reconciliation pain points in industrial supply chains.
Others
- SAP: ERP giant and Data Gumbo's named integration partner via the SAP Add-on module. Relevant adjacent relationship — SAP embeds blockchain into its Leonardo/Industry Cloud roadmap and could either compete with or distribute GumboNet depending on ecosystem strategy.
Broad incumbents
- Microsoft Azure Blockchain Service: Cloud-managed blockchain infrastructure and development tooling from Microsoft. Provides the underlying ledger layer where Data Gumbo could run, also competing for the same enterprise wallet of industrial customers and offering similar ERP/IoT integration scaffolding.
- IBM Blockchain: Enterprise blockchain offerings under IBM's broader hybrid cloud and AI portfolio. Competes with GumboNet for industrial supply chain and trade digitization RFPs, backed by IBM's global services footprint but lacking Data Gumbo's purpose-built industrial smart contract templates.
- Hyperledger: Linux Foundation-hosted open-source consortium of enterprise blockchain frameworks (Fabric, Besu, Iroha). Comparable to GumboNet's permissioned-blockchain architecture but as a general-purpose substrate rather than an industrial smart contract SaaS.
- R3 (Corda): Established enterprise blockchain platform with Corda distributed ledger used heavily in financial services and trade finance. Overlaps with Data Gumbo at the infrastructure-and-smart-contract layer but addresses a broader customer base and lacks Data Gumbo's deep industrial vertical focus.
Emerging players
- VeChain: Public blockchain focused on supply chain traceability, luxury/authenticity, and IoT-anchored enterprise data. Comparable use cases (provenance, ESG/sustainability, logistics) but positions more as a public-layer platform than a permissioned industrial SaaS.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Data Gumbo social profiles
Digital presenceData Gumbo compliance and trust
Trust signalCompliance1 record
Data Gumbo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Data Gumbo leadership team
Management profileNumber of profiles
Profiles6 records
Data Gumbo funding detail
Funding detailFunding overview
Funding rounds7 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Data Gumbo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Data Gumbo
What does Data Gumbo do?
Data Gumbo provides GumboNet, a private permissioned Blockchain as a Service (BaaS) platform that industrial enterprises use to execute touchless B2B commercial transactions via immutable, automated smart contracts validated by real-time IIoT sensor and ERP data. The platform reduces invoice reconciliation by at least 90% and turns 14+ step processes into 2 steps, packaged as a usage-based subscription (1% per transaction or $50,000/month minimum) with an integrated ESG reporting smart contract module and a smart contract template marketplace (GumboStore).
Is Data Gumbo a public or private company?
Data Gumbo is a private company. It is classified as venture growth investor backed and is currently operating.
When was Data Gumbo founded?
Data Gumbo was founded in 2016. It employs 11 to 50 people.
Where is Data Gumbo based?
Data Gumbo is headquartered in Houston, United States, in the North America region.
How does Data Gumbo make money?
Three revenue lines are on record. GumboNet Subscription (Usage-based) is the primary driver. The others are gumboStore Marketplace Revenue Share and network Participant Onboarding.
Who are Data Gumbo's main competitors?
Direct peers on record are Energy Web Foundation, OriginTrail, Ambrosus and Skuchain. SAP is listed as an others. Broad incumbents are Microsoft Azure Blockchain Service, IBM Blockchain, Hyperledger and R3 (Corda). VeChain is listed as an emerging player.
Does Data Gumbo have an API?
Yes. Data Gumbo provides REST APIs for IoT sensor data integration and ERP connection. The platform offers IIoT (Industrial Internet of Things) integration enabling real-time sensor data to validate transactions and eliminate invoice disputes. API Integration is listed as a standard feature for GumboNet Subscribers on the pricing page. A sandbox environment is available for GumboNet Subscribers. No public developer documentation URL is provided in the source material.
What industry is Data Gumbo in?
Data Gumbo's product category is Enterprise Blockchain Platform. Its primary akta.pro industry code is FSAPACAB, Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters). Its NAICS code is 522320 and its SIC code is 7372.