What is Heap?
Founded in 2013 and headquartered in San Francisco, Heap operates as a sophisticated digital insights platform. The company provides a comprehensive suite of tools for data analysis, data foundation, and data management, enabling organizations to derive actionable intelligence from user interactions. By positioning itself as a critical infrastructure layer for modern enterprises, Heap has established a strong market presence, facilitating data-driven decision-making across diverse business sectors.
How much funding has Heap raised?
Heap has raised a total of $214.1M across 6 funding rounds:
Angel/Seed
$2M
Private Equity
$9.1M
Series A
$11M
Series B
$27M
Series C
$55M
Series D
$110M
Angel/Seed (2013): $2M with participation from Joshua Reeves, Garry Tan, Redpoint, SV Angel, Netprice Partners, Sam Altman, Ram Shriram, Alexis Ohanian, and WME Ventures
Private Equity (2015): $9.1M, investors not publicly disclosed
Series A (2016): $11M supported by NEA
Series B (2017): $27M featuring Pear VC, Initialized Capital, Menlo Ventures, and New Enterprise Associates
Series C (2019): $55M backed by Initialized Capital, NEA, Triangle Peak Partners, Pear VC, Alliance Bernstein Private Credit Investors, Deutsche Telekom Capital, Maverick Ventures, SharesPost, NewView Capital, and Menlo Ventures
Series D (2021): $110M with participation from Menlo Ventures, Sixth Street Growth, Goldman Sachs, and Triangle Peak Partners
Key Investors in Heap
Menlo Ventures
Menlo Ventures is a Menlo Park-based venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software, consumer internet, and fintech, typically partnering with founders through multiple stages of scale.
NEA
New Enterprise Associates is a global venture capital firm focused on helping entrepreneurs build transformative businesses across the technology and healthcare sectors.
Initialized Capital
Initialized Capital is a venture capital firm dedicated to supporting seed-stage founders across various sectors including enterprise SaaS, artificial intelligence, and infrastructure.
What's next for Heap?
With the support of major institutional backers, Heap is well-positioned to accelerate its product roadmap and deepen its penetration into the enterprise software market. The recent capital injection is expected to fuel further innovation in predictive analytics and automated data governance. As the company matures, the focus will likely shift toward scaling its go-to-market operations and enhancing its competitive moat against legacy business intelligence providers, ensuring sustained growth in an increasingly data-centric global economy.
See full Heap company page
