Fundz

Australian Customer Analytics Startup Dovetail Raises $63M Series A At $700M Valuation

PRIVATEJan 20, 2022

Amount Raised

$63 Million

Round Type

Series A

SydneySoftware

Description

Australian customer analytics startup Dovetail has raised $63 million in a Series A funding round led by US venture capital firm Accel, the company announced on Wednesday.

Quick answer

Dovetail raised $63 Million in a Series A round, dated January 20, 2022. Dovetail is based in Sydney, New South Wales, Australia.

How much did Dovetail raise?
Dovetail raised $63 Million in a Series A round on January 20, 2022.
What does Dovetail do?
Dovetail's mission is to empower everyone to create better products and services through deep customer understanding.
Where is Dovetail based and how big is it?
Dovetail is based in Sydney, New South Wales, Australia.
Who are the decision-makers at Dovetail?
Fundz holds 1 contact at Dovetail. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

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

  • Anchorage Digital raised $350M (Series D) on December 15, 2021.
  • Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
  • Tidal Cyber raised $681K (Seed) on March 4, 2022.
  • Inworld AI raised an undisclosed amount on March 4, 2022.
  • CyberSaint, Inc. raised $6M on March 4, 2022.
  • MobileX raised $885K (Seed) on March 4, 2022.

Who to call at Dovetail, and when

A new round usually means Dovetail is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Dovetail raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Dovetail, from your own LinkedIn network

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Company Information

Company

Dovetail

Location

Sydney, New South Wales, Australia

About

Dovetail's mission is to empower everyone to create better products and services through deep customer understanding. We empower 10,000 teams, from agencies to universities to Fortune 100 companies, to make sense of their customer research in one collaborative and powerful customer insights platform. Founded in 2017 by Benjamin Humphrey and Bradley Ayers, Dovetail has 100+ employees across offices in Sydney and San Francisco.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Dovetail raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

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

145 of these a day, filtered to the companies you pick, 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.