Data/Analytics

dbt Labs

dbt Labs raises $222M Series D at $4.2B valuation

$222M
Total Raised
Series D
Latest Round
2016
Founded
500+
Employees
3401 Walnut Street, Philadelphia, PA 19104
1 min read

Quick Facts

Valuation
$4.2B
Latest Round Size
$222M
Latest Round Date
February 2024

dbt Labs: Series D Funding Round

dbt Labs has successfully raised $222M in Series D funding, reaching a valuation of $4.2B.

Company Overview

Data transformation tool

Funding Details

The Series D round was led by Altimeter Capital, with participation from Andreessen Horowitz, Sequoia Capital, GIC, Databricks Ventures.

Company Information

  • Headquarters: 3401 Walnut Street, Philadelphia, PA 19104
  • Founded: 2016
  • Employees: 500+
  • Category: Data/Analytics

Investment

dbt Labs plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Altimeter Capital: Verified investor in Series D
  • Andreessen Horowitz: Verified investor in Series D
  • Sequoia Capital: Verified investor in Series D
  • GIC: Verified investor in Series D
  • Databricks Ventures: Verified investor in Series D

Key Investors

Altimeter Capital
Lead Investor
Verified investor in Series D
Andreessen Horowitz
Investor
Verified investor in Series D
Sequoia Capital
Investor
Verified investor in Series D
GIC
Investor
Verified investor in Series D
Databricks Ventures
Investor
Verified investor in Series D

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources