Airbyte joined the Unicorn Club on December 17, 2021, after raising a $150 million Series B funding round led by Altimeter Capital and Coatue, valuing the company at $1.5 billion. Headquartered in San Francisco, United States, Airbyte is an open-source data integration platform that simplifies the extraction, loading, and transfer of data across multiple sources. The company has raised $181 million to date and employs 71 people (as of December 2023).
Keep reading to learn how Airbyte is reshaping the modern data stack with open-source innovation.
What Is Airbyte and What Does It Do?
Founded in 2020, Airbyte offers a cloud-based, open-source data integration platform that enables organizations to seamlessly move and consolidate data from diverse systems into data warehouses, data lakes, and databases. The platform helps unify fragmented data pipelines and provides powerful tools for data synchronization, pipeline debugging, and real-time monitoring.
Airbyte’s standout feature is its extensive connector catalog, which enables seamless integration with APIs, SaaS platforms, and internal databases. Developers can also build and maintain custom connectors using its open-source framework, fostering rapid community-driven innovation. The platform enables data replication between applications and APIs, ensuring consistent and reliable data flow across enterprise systems.
By providing flexible deployment options (self-hosted or managed cloud), Airbyte empowers engineering and data teams to maintain complete control over their pipelines while benefiting from open-source extensibility. Its approach has made it a core infrastructure layer for modern data ecosystems, replacing legacy ETL (Extract, Transform, Load) tools with a modular, developer-first alternative.
How Much Funding Has Airbyte Raised?
- Series B
- Amount Raised: $150M
- Date: December 17, 2021
- Lead Investors: Altimeter Capital, Coatue
- Valuation: $1.5B
- Purpose: Scale open-source adoption, expand managed cloud offerings, and accelerate connector development.
- Series A
- Amount Raised: $26M
- Date: May 2021
- Lead Investors: Benchmark, Accel
- Purpose: Build core platform features, grow developer community, and enhance pipeline monitoring tools.
- Seed Round
- Amount Raised: $5M
- Date: Early 2020
- Purpose: Product development and early community engagement.
Total Funding Raised: $181M
Latest Funding Date: December 17, 2021
Current Valuation: $1.5B
Employee Count: 71 (as of December 31, 2023)
Key Investors
- Altimeter Capital
- Details: A technology-focused investment firm known for backing leading growth-stage software companies.
- Focus Areas: Cloud infrastructure, analytics, and enterprise software.
- Thrive Capital
- Details: A New York–based venture firm investing in internet, software, and financial technology sectors.
- Focus Areas: Developer platforms, productivity tools, and digital infrastructure.
- Coatue Management
- Details: A global technology investment firm focused on high-growth software and data companies.
- Focus Areas: Cloud, AI, and enterprise SaaS.
Where Is Airbyte’s Headquarters?
Airbyte is headquartered in San Francisco, California, United States, at the heart of the global tech ecosystem. The company operates with a remote-first team distributed across several continents, reflecting its open-source and community-driven ethos. This distributed model enables global collaboration, allowing Airbyte to attract top engineering talent from around the world and contribute to its rapid innovation cycle.
What’s Next for Airbyte?
Airbyte’s next phase of growth focuses on building a fully managed data movement platform powered by its open-source foundation. The company aims to enhance real-time data synchronization, observability tools, and data governance capabilities within its managed cloud solution.
Additionally, Airbyte plans to expand its catalog of connectors beyond 400 integrations and introduce AI-powered automation for pipeline configuration and error resolution. By bridging open-source flexibility with enterprise-grade reliability, Airbyte is positioning itself as the de facto standard for modern data integration, unifying community-driven innovation with scalable cloud services.
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