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Fivetran merges with dbt Labs to enhance AI data

PRIVATEJun 01, 2026

Acquiring Company

Fivetran

Acquired Company

dbt Labs

OaklandPhiladelphiaInformation TechnologySoftwareData And Analyticsinformation technology & servicesInformation TechnologySoftwareConsumer Goods

Description

Fivetran and dbt Labs have successfully completed their merger, consolidating their efforts to build a robust data infrastructure for AI agents. This merger, signified by a combined revenue of $600 million, positions them as key players in data integration and modeling. Both companies aim to innovate their offerings with joint products, providing enhanced solutions for data teams worldwide.

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Company Information

Company

Fivetran

Location

1221 Broadway

Oakland, California, United States

About

Fivetran, a leader in automated data integration, delivers ready-to-use connectors that automatically adapt as schemas and APIs change, ensuring consistent, reliable access to data. Fivetran improves the accuracy of data-driven decisions by continuously synchronizing data from source applications to any destination, allowing analysts to work with the freshest possible data. To accelerate analytics, Fivetran automates in-warehouse transformations and programmatically manages ready-to-query schemas. Fivetran is headquartered in Oakland, California, with offices around the globe. For more information, visit fivetran.com.

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Frequently asked

Who acquired dbt Labs?

dbt Labs was acquired by Fivetran, based in Oakland. The deal was reported on June 1, 2026. Fivetran, a leader in automated data integration, delivers ready-to-use connectors that automatically adapt as schemas and APIs change, ensuring consistent, reliable access to data. Fivetran is privately held and operates in Information Technology.

When did Fivetran acquire dbt Labs?

Fivetran's acquisition of dbt Labs was reported on June 1, 2026. Fivetran and dbt Labs have successfully completed their merger, consolidating their efforts to build a robust data infrastructure for AI agents. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does dbt Labs do?

Since 2016, dbt Labs has been on a mission to help analysts create and disseminate organizational knowledge. It is privately held, operating in Information Technology, and is based in Philadelphia.

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