How much has dbt Labs raised?
dbt Labs has $414M disclosed equity. The latest disclosed valuation or status is $4.2B last disclosed valuation, and the financing history shows how the company has funded product expansion, hiring, and go-to-market scale.
- Total raised
- $414M disclosed equity
- Disclosed rounds
- 4
- Latest round
- Series D - $222M at $4.2B valuation
- Latest valuation
- $4.2B last disclosed valuation
- First raised
- Apr 2020
- Notable backer
- Forbes reported the round and valuation,
dbt Labs's funding rounds
dbt Labs's financing moved from early product funding to larger growth or infrastructure rounds.
- Apr 2020Series A - $12.9MLed by Andreessen Horowitz while the company was still known as Fishtown Analytics.
- Nov 2020Series B - $29.5MLed by Andreessen Horowitz and Sequoia as dbt adoption grew.
- Jun 2021Series C - $150M at unicorn valuationLed by Altimeter, Sequoia, and Andreessen Horowitz.
- Feb 2022Series D - $222M at $4.2B valuationForbes reported the round and valuation, lower than an earlier targeted valuation but still category-leading.
How much has dbt Labs raised in total?
dbt Labs has $414M disclosed equity. That figure reflects disclosed equity and, where relevant, major public financing events; it should not be read as audited cash on hand or a complete balance-sheet view.
Who are dbt Labs's investors?
The named investors in public sources cluster around the company's market: venture firms for software infrastructure, strategic backers for AI infrastructure, and growth investors where the company has reached later-stage scale. The most useful seller takeaway is not the logo list alone, but the expectation that investor-backed expansion creates new hiring plans, new tooling budgets, and stronger finance controls.
Why did dbt Labs's valuation move?
The valuation moved with market demand, product maturity, and the cost of scaling the underlying platform. For AI infrastructure companies, GPU supply and contracted capacity are major drivers; for software platforms, customer adoption, expansion revenue, and enterprise readiness matter more.
Is dbt Labs profitable, and will it IPO?
dbt Labs has not publicly disclosed audited profitability in the profile sources unless it is already public. IPO timing is therefore speculative; the practical signal is whether the company is investing like a late-stage platform, preparing public-company controls, or already operating as a public issuer.
What does dbt Labs's funding mean if you sell into them?
Funding creates budget but also scrutiny. Sellers should map outreach to teams that absorb new capital: engineering infrastructure, security, finance, legal, people, RevOps, and customer-facing operations. Larger rounds usually mean better buying power, but they also mean formal procurement, vendor-risk reviews, and stronger integration requirements.
As of June 2026.Sources:dbt websitedbt pricingForbes Series D report
dbt Labs — frequently asked questions
