Heap Raises $110M in Series D

Heap has successfully raised $110M in a Series D at a $960M valuation led by Sapphire Ventures, NEA, Y Combinator, Menlo Ventures.

Company Overview

Heap is a Analytics company headquartered in 225 Bush Street, San Francisco, CA 94104, founded in 2013 with 300+ employees.

Digital insights platform

Fundraising Details

• Amount Raised: $110M
• Round Type: Series D
• Valuation: $960M
• Date: 2024-01-28
• Investors: Sapphire Ventures, NEA, Y Combinator, Menlo Ventures

About Heap

Digital insights platform The company is positioned in the Analytics sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: 225 Bush Street, San Francisco, CA 94104
• Founded: 2013
• Team Size: 300+
• Industry: Analytics

What This Means

This funding round demonstrates strong investor confidence in Heap's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Analytics sector continues to attract significant investment as companies innovate to meet evolving market demands. Heap's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $960M valuation marks an important milestone for Heap, positioning the company among notable players in the Analytics industry.

Looking Ahead

With this new capital, Heap is well-positioned to execute on its growth strategy and continue building innovative solutions in the Analytics space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-01-28. For more information about Heap, visit their headquarters at 225 Bush Street, San Francisco, CA 94104.