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S2E29: I set up a series A inside my growth stage company | Matthew Scullion (Matillion)

Dec 5, 2025
Matthew Scullion, Founder and CEO of Matillion, a leading data productivity company, shares his journey of pivoting his thriving enterprise to embrace AI. He discusses the creation of Maia, an AI-powered data engineering team, formed within Matillion to stay ahead of the disruptive wave of AI. Scullion highlights the importance of agility, using a Series A-style approach to foster innovation and quickly validate their product with key customers through a unique lighthouse program. This shift redefined their target market and opened new revenue streams.
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INSIGHT

Data Productivity Is The Core Mission

  • Matillion's thread is ‘data productivity’: tools that make data engineering teams faster and more efficient.
  • Matthew Scullion framed their mission as solving the backlog and demand gap in enterprise data work.
INSIGHT

AI Threatened The User, Not Just The Product

  • AI posed an existential threat by changing the role of the user, not just the product.
  • They judged platform and agent coupling as the true moat, not just agent tech alone.
ANECDOTE

Madrid Offsite Sparked The Decision

  • Matthew and execs saw early LLM reasoning models and asked, "What could kill us in five years?"
  • That led them to prioritize rebuilding the platform and investing in agentic capability.
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