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dbt Labs

dbt Labs has raised a total of $416 million across five funding rounds, including a $222 million Series D in February 2022 led by Altimeter Capital and joined by GIC, Sequoia Capital, and Andreessen Horowitz, valuing the company at $4.2 billion. Previously, dbt Labs secured $150 million Series C in June 2021 and $29.5 million Series B in November 2020 from Sequoia and a16z. Its Series A in April 2020 brought in $12.9 million, and a $1.5 million seed round in 2019 laid the foundation for its data transformation tool that now powers modern analytics teams globally.