How Much Did Heap Raise?
Funding & Key Investors

Heap, a digital insights platform, has secured significant enterprise-level funding, with its total capital raised reaching $214.1M. The company recently announced a major strategic investment of $110M, underscoring its continued growth and market traction in the competitive data analytics landscape. This latest financing round signals a pivotal moment for Heap as it aims to further enhance its data analysis, foundation, and management capabilities.

What is Heap?

Heap
SoftwareBusiness Intelligence (BI) Software

Founded in 2013 and headquartered in San Francisco, California, Heap operates as a comprehensive digital insights platform. It provides businesses with advanced tools for data analysis, data foundation management, and overall data governance. The platform is designed to help organizations unlock the full potential of their data, enabling deeper understanding of user behavior and business performance. Heap's offerings are crucial for companies seeking to make data-driven decisions in an increasingly complex digital environment.

How much funding has Heap raised?

Heap has raised a total of $214.1M across 6 funding rounds:

2013

Angel/Seed

$2M

2015

Private Equity

$9.1M

2016

Series A

$11M

2017

Series B

$27M

2019

Series C

$55M

2021

Series D

$110M

Angel/Seed (2013): $2M with participation from Joshua Reeves, Sam Altman, Alexis Ohanian, Garry Tan, Ram Shriram, Redpoint, SV Angel, WME Ventures, and Netprice Partners

Private Equity (2015): $9.1M, investors not publicly disclosed

Series A (2016): $11M supported by NEA

Series B (2017): $27M featuring Initialized Capital, Menlo Ventures, New Enterprise Associates, and Pear VC

Series C (2019): $55M backed by NEA, Menlo Ventures, SharesPost, Initialized Capital, Triangle Peak Partners, Alliance Bernstein Private Credit Investors, Maverick Ventures, Deutsche Telekom Capital, NewView Capital, and Pear VC

Series D (2021): $110M with participation from Sixth Street Growth, Menlo Ventures, Goldman Sachs, and Triangle Peak Partners

Key Investors in Heap

NEA

NEA (New Enterprise Associates) is a prominent venture capital firm established in 1977, known for its focus on helping entrepreneurs build successful businesses across various stages of growth.

Menlo Ventures

Menlo Ventures is a venture capital firm based in Menlo Park that invests in early and growth-stage technology companies, often taking board roles and partnering with founders through multiple stages of scaling.

Triangle Peak Partners

Triangle Peak Partners is a multi-strategy asset management firm specializing in growth stage investments within the technology, clean tech, and energy sectors, aiming to drive growth and value in its portfolio companies.

What's next for Heap?

The substantial enterprise-level backing and recent strategic investment position Heap for accelerated expansion and product development. With a clear trajectory from its early seed rounds to its latest Series D financing, the company is poised to solidify its market leadership. Future initiatives are likely to focus on scaling its operations, enhancing its platform's analytical prowess, and expanding its reach into new markets. This capital infusion will be instrumental in Heap's mission to empower businesses with actionable insights derived from their digital interactions.

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Frequently Asked Questions Regarding Heap Financial Insights

What are the most recent funding rounds that Heap has completed, and what were the funding rounds?
Heap has recently completed 3 funding rounds: Series D on Dec 7, 2021, Series C on Jul 22, 2019, Series B on May 3, 2017.
What is the total amount of funding Heap has raised to date?
Heap has raised a total of $214.1M in funding to date.
How many funding rounds has Heap completed?
Heap has completed 3 funding rounds.
How much funding did Heap raise in its most recent funding round?
Heap raised $110M in its most recent funding round.
Who are the lead investors in Heap's latest funding round?
The lead investor in Heap's latest funding round was Sixth Street Growth. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Heap's history?
The largest funding round in Heap's history was $110M.
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