Ocient raises $100M Series C led by BOKA and OCA

Ocient, a Chicago company, said on 5 November that it closed a $100 million Series C round led jointly by BOKA Capital and OCA Ventures. The new capital brings its total raised to $260 million.

The company said every existing investor participated. It named Greycroft, In-Q-Tel, Blue Bear Capital, Buoyant Ventures, PSP Growth, the Pritzker Group venture arm and Eron Wolf, and said Dallas Venture Capital joined as a new backer. BOKA Capital will hold a board seat.

Ocient expects revenue to more than triple this year because of demand from customers that manage large, growing datasets. The company did not publish a revenue figure or valuation, so the tripling claim cannot be checked against a dollar amount.

Founded in 2016 and run by CEO John Morris, Ocient sells OcientAIQ, which it calls a unified data platform with industry-specific solution packs of curated agent skills and semantics. The platform applies access, policy and data-lineage rules to agent activity, and Ocient says its engine runs the analysis itself rather than through a language model, making output reproducible and auditable while cutting data movement and token costs. The company says the system is built to scale linearly from first deployments into production.

According to Ocient, its platform combines data ingestion, analytics, governance and orchestration in one operating layer for enterprise AI. It serves companies that manage steadily expanding datasets, including telecoms, defence and national security, and lets them query full-resolution data without sampling. Governance features cover access controls, policies and information lineage. Ocient argues that AI agents create heavier workloads and require accurate, governed data access at scale.

The company lists use cases such as streaming cybersecurity data that must be queried as it arrives, telecom call detail and internet connection records needed by regulators, and data engines run in customers' own environments.

Earlier this year, Ocient formed separate subsidiaries for its national security solutions and for its India operations.

“Our customers operate at a scale where the speed, quality, and reliability of an answer can have significant consequences,” said CEO John Morris. BOKA Capital’s John James said, “Turning advanced technology into dependable operational capability is now the critical test across defense and national security.” OCA Ventures founding managing partner Jim Dugan said the firm backed Ocient because it saw a team able to solve problems others had largely left untouched.

The company said the funding will speed up delivery of OcientAIQ Solutions for enterprises that run agentic AI analytics on changing, petabyte-scale data, and will support growth in commercial and national security work.