What is Hevo?
Founded in 2016 and headquartered in San Francisco, California, Hevo is engineered to empower data teams by enhancing the impact of data on businesses. The company's core offering focuses on streamlining data pipelines and enabling seamless data integration, allowing organizations to leverage their data more effectively for strategic decision-making. Hevo's platform is designed to address the complexities of modern data architectures, providing a robust solution for data ingestion, transformation, and loading.
How much funding has Hevo raised?
Hevo has raised a total of $42M across 3 funding rounds:
Angel/Seed
$4M
Series A
$8M
Series B
$30M
Angel/Seed (2019): $4M with participation from Chiratae Ventures and Surge
Series A (2020): $8M led by Qualgro Partners Pte Ltd, Chiratae Ventures, and Sequoia Capital Operations LLC
Series B (2021): $30M supported by Qualgro Partners, Chiratae Ventures, Lachy Groom, and Sequoia Capital India
Key Investors in Hevo
Qualgro Partners
Qualgro Partners is a venture capital firm based in Singapore that invests in tech startups across Southeast Asia, focusing on Data, Software, and AI. They primarily target Series A and B funding rounds, seeking entrepreneurs with the potential to build regional or global companies.
Chiratae Ventures
Chiratae Ventures is an established Indian technology venture capital fund advisor managing significant assets. With a strong track record of investments and exits, they support early-stage and portfolio companies, focusing on entrepreneurs navigating the venture capital landscape.
Sequoia Capital India
Sequoia Capital India invests across venture, growth, and late-stage opportunities in India, taking a long-term view and acting as an active partner to entrepreneurs. They have a history of investing in numerous successful companies in the region.
What's next for Hevo?
With its recent major strategic investment, Hevo is poised for accelerated growth and innovation. The company is likely to focus on expanding its market reach, enhancing its platform capabilities, and potentially exploring new verticals where data integration is critical. This Series B financing indicates a transition into a scaling phase, where Hevo will aim to solidify its position as a leader in the data integration space, capitalizing on the increasing demand for efficient and reliable data management solutions.
See full Hevo company page
