Two Palantir veterans just came out of nowhere with $30 million and a Sequoia stamp of approval.

Edra, a New York-based startup that says it helps companies automate workflows by turning their existing operational data into a living knowledge base, has received a meaningful vote of confidence: a $30 million funding round led by Sequoia, with participation from 8VC and A*, the venture firm founded by serial entrepreneur Kevin Hartz.

Founders are worth paying attention to. Eugene Alpeza and Yiannis Karamanlakis say they met at university 13 years ago and spent years at Palantir before striking out on their own — with Alpeza building major merchant accounts and leading the launch of Palantir’s AI platform; Karamanlakis served as the company’s first forward-deployed AI engineer, where he focused on getting AI models out of demos and into actual production.

The problem they address is clear and straightforward. Companies sit on loads of useful operational data — emails, logs, support tickets, chat history — but they don’t have a good way to handle it. Edra says it automatically analyzes that data, builds a knowledge base from it, and keeps it up to date. Current use cases focus on IT service management and customer support. Clients already include HubSpot, ASOS, Cushman & Wakefield and easyJet.