dbt Labs investors & funding

dbt Labs secured $222 million in Series D funding, which significantly bolsters its market position. The investment round, which resulted in a $4.2 billion valuation, underscores strong investor confidence and strategic support. This capital injection is critical for driving product innovation and scaling operations.

Key investors include Altimeter, Amplify Partners, Andreessen Horowitz, Sequoia, Coatue, Tiger Global, ICONIQ Growth, GV, GIC, Databricks, Salesforce Ventures, and Snowflake. Their participation not only provides financial backing but also valuable strategic insights. This diverse investor base reinforces the company’s credibility in the data transformation space.

Funding is targeted at enhancing product offerings and expanding market reach to over 25,000 data professionals and 9,000 companies. 
Key insights:
• $222M in Series D funding
• $4.2B valuation
• Broad strategic investor participation