What is dbt Labs?

What is dbt Labs?

dbt Labs is the company behind dbt, the open-source and cloud platform used by analytics engineers to transform data in warehouses and lakehouses. As of June 2026, dbt Labs has completed an all-stock merger with Fivetran and is initially operating as Fivetran + dbt Labs.

dbt Labs grew out of Fishtown Analytics and created the analytics engineering category: a workflow where SQL-first data practitioners build tested, documented, version-controlled data models. The company says dbt is used by 100,000 teams, and its customer and community base includes major companies such as JetBlue, HubSpot, Nasdaq, Siemens, OpenAI, Zendesk, Coupa, and others cited in company materials.

The June 1, 2026 Fivetran merger changes the profile from a standalone private SaaS company to a combined data infrastructure platform. Fivetran + dbt Labs positions itself as open data infrastructure for AI agents: Fivetran moves and syncs data, while dbt defines, tests, transforms, documents, and semantically governs it. For sellers, this is now a combined-company account with dbt product, community, and open-source commitments still strategically important.

Sources:Fivetran + dbt Labs merger closedbt Labs about

What does dbt Labs offer?

dbt Labs offers dbt Core, dbt Cloud, semantic-layer and catalog products, orchestration, governance, and AI/data-development features.

Sources:dbt pricingFivetran + dbt product page

How does dbt Labs make money?

dbt Labs makes money from dbt Cloud subscriptions and usage, with a free Developer plan, a $100 per user per month Starter plan, and custom Enterprise options.

dbt Cloud pricing is public for lower tiers: the Developer plan is free and Starter is listed at $100 per user per month, with five developer seats, 15,000 successful models built per month, 5,000 queried metrics per month, and one project. Enterprise and Enterprise+ are custom-priced and add more governance, security, support, usage, semantic-layer, and large-team capabilities. Billing docs distinguish seat charges and usage charges.

Before the Fivetran merger, dbt Labs had surpassed $100 million in ARR and more than 5,000 dbt Cloud customers according to a 2025 company announcement. The combined-company model now expands from transformation subscriptions into the broader Fivetran + dbt data infrastructure platform. Growth is driven by data-team adoption, enterprise governance, AI-ready data quality, and expansion from open-source dbt into paid cloud and platform features.

Sources:dbt pricingdbt Labs $100M ARR

Who leads dbt Labs?

dbt Labs was founded and led by Tristan Handy; after the June 2026 merger, Fivetran co-founder George Fraser is CEO of the combined Fivetran + dbt Labs and Tristan Handy serves as president.

Sources:Fivetran + dbt merger closedbt Labs leadership

How do you contact dbt Labs's leadership?

Use dbt or Fivetran + dbt sales, support, community, and press routes. The reviewed sources do not publish verified personal executive emails for general outreach.

• Tristan HandyFounder / Presidentcontact via https://www.getdbt.com/contact
• George FraserCEO, Fivetran + dbt Labscontact via https://www.fivetran.com/contact
• dbt communityCommunity / supportcontact via https://www.getdbt.com/community

Sources:dbt contactdbt community

How much funding has dbt Labs raised?

dbt Labs raised more than $410 million before merging with Fivetran, including a $222 million Series D in 2022 at a $4.2 billion valuation.

dbt Labs raised institutional rounds from Amplify Partners, Andreessen Horowitz, Sequoia, Altimeter, Coatue, Tiger Global, ICONIQ Growth, GV, GIC, Databricks, Snowflake, Salesforce Ventures, and others. Its June 2021 Series C was $150 million at a reported $1.5 billion valuation. In February 2022, dbt Labs announced a $222 million Series D led by Altimeter with participation from existing investors including Amplify, a16z, and Sequoia, plus new strategic and growth investors, at a $4.2 billion valuation.

The June 2026 Fivetran combination was an all-stock merger. Financial terms were not disclosed in the official close announcement, so the funding view should be presented as pre-merger capital history plus current merged status rather than a new cash raise.

Sources:dbt Labs Series DFivetran + dbt merger close

How did dbt Labs get here?

dbt Labs grew from a consulting-rooted analytics engineering project into a $100M+ ARR data platform and then merged with Fivetran.

Sources:dbt Labs $100M ARRFivetran + dbt merger close

Who are dbt Labs's competitors?

dbt Labs competes with transformation, orchestration, semantic-layer, and data-platform tools, though its merger with Fivetran changes the competitive frame.

Sources:Fivetran + dbt merger closedbt platform