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Dbt Labs Raises $222M In Series D Funding At $4.2B Valuation Led By Altimeter With Participation From Databricks And Snowflake

RECENTLY ACQUIREDFeb 24, 2022

Amount Raised

$222 Million

Round Type

Series D

PhiladelphiaInformation TechnologySoftwareConsumer Goods

Description

dbt Labs, the pioneer in analytics engineering, today announced that it has raised $222 million in Series D financing at a $4.2 billion valuation. The round was led by existing investor, Altimeter, with participation from existing investors Amplify Partners, Andreeson Horowitz, and Sequoia. New investors participating in the Series D include Coatue, Tiger Global, ICONIQ Growth, GV, and GIC. Three strategic investors representing leaders in the shift to the cloud – Databricks, Salesforce Ventures, and Snowflake – also participated

Quick answer

dbt Labs raised $222 Million in a Series D round, dated February 24, 2022. dbt Labs is based in Philadelphia, Pennsylvania, United States.

How much did dbt Labs raise?
dbt Labs raised $222 Million in a Series D round on February 24, 2022.
What does dbt Labs do?
Since 2016, dbt Labs has been on a mission to help analysts create and disseminate organizational knowledge. dbt Labs pioneered the practice of analytics engineering, built the primary tool in the analytics engineering..
Where is dbt Labs based and how big is it?
dbt Labs is based in Philadelphia, Pennsylvania, United States. Fundz records about 408 employees.
Who are the decision-makers at dbt Labs?
Fundz holds 1 contact at dbt Labs. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Consumer Goods and Software around the same time

Companies in the same sectors as dbt Labs that raised within 45 days of this round, from Fundz verified event records.

  • SeeMetrics raised $6M (Seed) on April 6, 2022.
  • Schools raised $5M (Seed) on April 5, 2022.
  • Ready Set raised $29M (Funding Round) on April 5, 2022.
  • Procore Technologies raised an undisclosed amount (Funding Round) on April 4, 2022.
  • Shein raised $1B (Funding Round) on April 4, 2022.
  • Arena raised $14M (Series A) on March 30, 2022.

Who to call at dbt Labs, and when

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Company Information

Company

dbt Labs

Location

Philadelphia, Pennsylvania, United States

About

Since 2016, dbt Labs has been on a mission to help analysts create and disseminate organizational knowledge. dbt Labs pioneered the practice of analytics engineering, built the primary tool in the analytics engineering toolbox, and has been fortunate enough to see a fantastic community coalesce to help push the boundaries of the analytics engineering workflow. Today there are 9,000 companies using dbt every week, 25,000 practitioners in the dbt Community Slack, and 1,800 companies paying for dbt Cloud. SOURCE dbt Labs

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dbt Labs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.