Parseable provides a unified observability platform that consolidates logs, metrics, and traces into a single columnar storage engine, enabling fast SQL and natural‑language queries across all telemetry data. Built on open standards and offering AI‑native features such as anomaly detection and summarization, it reduces storage costs by up to 80× while giving engineering teams a single source of truth for proactive incident management.
Funding
$2.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Organizations face high costs and low ROI from fragmented observability stacks that require multiple tools, siloed logs, metrics, and traces, and provide reactive alerts rather than proactive insights.
Solution
Parseable delivers a unified observability platform that ingests logs, metrics, and traces into a single, columnar storage engine. Its hybrid execution engine enables fast, indexed queries and natural language or SQL correlation across all signals. Built on open standards such as OpenTelemetry, Parquet, and object storage, the system offers up to 90% data compression and 80x lower storage costs. AI-native features like natural language query generation, anomaly detection, summarization, and forecasting help teams move from reactive monitoring to proactive incident prevention. The platform is available as a managed cloud service or a BYOC/self‑hosted deployment, ensuring data sovereignty and flexible scaling.
Target Audience
Primary customers are engineering and DevOps teams at mid‑size to large enterprises that need a single source of truth for telemetry data and want to reduce observability spend while improving incident response.
Features
- Columnar storage with intelligent caching and indexing for up to 90% compression and rapid query performance
- Hybrid execution engine supporting both SQL and natural‑language queries for cross‑signal correlation
- AI-native capabilities: text‑to‑SQL generation, automated summarization, anomaly detection, and forecasting alerts
- Unified dashboards, alerting, and role‑based access control for logs, metrics, and traces
- Open standards integration (OTel, Parquet, object stores) and native connectors to common data sources
- Deployment flexibility: Parseable Cloud, BYOC, or self‑hosted with data residency options
- Cost‑effective pricing model based on ingestion volume ($0.39 per GB) with enterprise custom plans starting at $15,000 per year