What is dbt?
Founded in 2016 and formerly known as Fishtown Analytics, dbt is a transformation workflow solution designed to empower analytics teams. It enables users to deploy analytics code with software engineering best practices, including modularity, portability, CI/CD, and documentation. This allows individuals proficient in SQL to build production-grade data pipelines, thereby enhancing data reliability and collaboration within organizations.
How much funding has dbt raised?
dbt has raised a total of $414.4M across 4 funding rounds:
Series A
$12.9M
Series B
$29.5M
Series C
$150M
Series D
$222M
Series A (2020): $12.9M with participation from Amplify Partners and Andreessen Horowitz
Series B (2020): $29.5M led by Sequoia Capital
Series C (2021): $150M supported by Sequoia Capital, Andreessen Horowitz, and Altimeter
Series D (2022): $222M featuring Altimeter Capital, Tiger Global Management, Andreessen Horowitz, Coatue, Amplify Partners, and Sequoia Capital
Key Investors in dbt
Altimeter Capital
Altimeter Capital is an investment firm that partners with technology companies from early growth through public markets, focusing on concentrated, long-term portfolios and supporting founders with product and strategy.
Tiger Global Management
Tiger Global Management is an investment firm that deploys capital in both public and private markets, founded in 2001 and headquartered in New York City, New York.
Andreessen Horowitz
Andreessen Horowitz is a private American venture capital firm founded in 2009, investing in both early-stage start-ups and established growth companies, headquartered in Menlo Park, California.
What's next for dbt?
With significant capital raised, dbt is poised for accelerated growth and further development of its transformation workflow capabilities. The substantial enterprise-level funding suggests a strategic focus on scaling operations, expanding market reach, and potentially exploring new product integrations. This investment will likely fuel innovation in data pipeline management and solidify dbt's position as a leader in the analytics engineering space.
See full dbt company page
