dbt Labs valuation, funding and investors

dbt Labs works in data engineering solutions development, based in Philadelphia, United States. Founded in 2016, it has about 1,280 employees.

Tech Companies Series D

VALUATION · TODAY

$6.17B +0% after Series D

Range $2.51B – $9.16B · Grade C

TODAY

+12 MO

$2.50B

$5.00B

$7.50B

$10.00B

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

Series A $12.9M

Series B $29.5M

Series C $150M

Series D $222M

ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then

HEADCOUNT · TODAY1,279 employees

+22%6m growth

+48%1y growth

+166%2y growth

500

1,000

1,500

Data from Mar 2022

TODAY

Predicted in 1 yr $6.17B +0% vs today

Predicted next raise $876M if a round comes

Winding-down probability 0%

Last round: Series D · $222M · Feb 2022
Valuation at last round: $4.20B
Headcount: 1,279 · growing
Grade: C
Founded: 2016

How VCMC values companies →

dbt Labs valuation today

VCMC values dbt Labs at $6.2B today, with a range of $2.5B to $9.2B and a grade of C. The valuation starts from its last funding round, a Series D round in Feb 2022.

Valuation by date (134 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

dbt Labs: valuation by date, as the model would have shown it on each date
Date	Valuation	Range	Predicted in 1 yr	Phase	Headcount	Trend	Grade	Winding-down probability
1 Jan 2016	$5.41M	$1.97M – $14.9M	$6.49M (+20%)	before first round	–	unknown	D	0%
1 Feb 2016	$5.44M	$1.98M – $14.9M	$6.67M (+23%)	before first round	–	unknown	D	0%
1 Mar 2016	$5.46M	$1.99M – $15.0M	$6.84M (+25%)	before first round	–	unknown	D	0%
1 Apr 2016	$5.48M	$1.99M – $15.0M	$7.02M (+28%)	before first round	–	unknown	D	0%
1 May 2016	$5.50M	$2.00M – $15.1M	$7.21M (+31%)	before first round	–	unknown	D	0%
1 Jun 2016	$5.52M	$2.01M – $15.2M	$7.40M (+34%)	before first round	–	unknown	D	0%
1 Jul 2016	$5.54M	$2.02M – $15.2M	$7.60M (+37%)	before first round	–	unknown	D	0%
1 Aug 2016	$5.69M	$2.07M – $15.6M	$7.80M (+37%)	before first round	–	unknown	D	0%
1 Sep 2016	$5.84M	$2.13M – $16.1M	$8.01M (+37%)	before first round	–	unknown	D	0%
1 Oct 2016	$6.00M	$2.18M – $16.5M	$8.22M (+37%)	before first round	–	unknown	D	0%
1 Nov 2016	$6.16M	$2.24M – $16.9M	$8.45M (+37%)	before first round	–	unknown	D	0%
1 Dec 2016	$6.32M	$2.30M – $17.4M	$8.67M (+37%)	before first round	–	unknown	D	0%
1 Jan 2017	$6.49M	$2.36M – $17.8M	$8.90M (+37%)	before first round	–	unknown	D	0%
1 Feb 2017	$6.67M	$2.43M – $18.3M	$9.14M (+37%)	before first round	–	unknown	D	0%
1 Mar 2017	$6.83M	$2.49M – $18.8M	$9.36M (+37%)	before first round	–	unknown	D	0%
1 Apr 2017	$7.01M	$2.55M – $19.3M	$9.62M (+37%)	before first round	–	unknown	D	0%
1 May 2017	$7.20M	$2.62M – $19.8M	$9.87M (+37%)	before first round	–	unknown	D	0%
1 Jun 2017	$7.39M	$2.69M – $20.3M	$10.1M (+37%)	before first round	–	unknown	D	0%
1 Jul 2017	$7.59M	$2.76M – $20.8M	$10.4M (+37%)	before first round	–	unknown	D	0%
1 Aug 2017	$7.79M	$2.84M – $21.4M	$10.7M (+37%)	before first round	–	unknown	D	0%
1 Sep 2017	$8.01M	$2.91M – $22.0M	$11.0M (+37%)	before first round	–	unknown	D	0%
1 Oct 2017	$8.22M	$2.99M – $22.6M	$11.3M (+37%)	before first round	–	unknown	D	0%
1 Nov 2017	$8.44M	$3.07M – $23.2M	$11.6M (+37%)	before first round	–	unknown	D	0%
1 Dec 2017	$8.66M	$3.15M – $23.8M	$11.9M (+37%)	before first round	–	unknown	D	0%
1 Jan 2018	$8.90M	$3.24M – $24.4M	$12.2M (+37%)	before first round	–	unknown	D	0%
1 Feb 2018	$9.14M	$3.33M – $25.1M	$12.5M (+37%)	before first round	–	unknown	D	0%
1 Mar 2018	$9.36M	$3.41M – $25.7M	$12.8M (+37%)	before first round	–	unknown	D	0%
1 Apr 2018	$9.62M	$3.50M – $26.4M	$13.2M (+37%)	before first round	–	unknown	D	0%
1 May 2018	$9.87M	$3.59M – $27.1M	$13.5M (+37%)	before first round	–	unknown	D	0%
1 Jun 2018	$10.1M	$3.69M – $27.8M	$13.9M (+37%)	before first round	–	unknown	D	0%
1 Jul 2018	$10.4M	$3.79M – $28.6M	$14.3M (+37%)	before first round	–	unknown	D	0%
1 Aug 2018	$10.7M	$3.89M – $29.4M	$14.4M (+35%)	before first round	–	unknown	D	0%
1 Sep 2018	$11.0M	$4.00M – $30.2M	$14.5M (+32%)	before first round	–	unknown	D	0%
1 Oct 2018	$11.3M	$4.10M – $30.9M	$14.7M (+30%)	before first round	–	unknown	D	0%
1 Nov 2018	$11.6M	$4.21M – $31.8M	$14.8M (+28%)	before first round	–	unknown	D	0%
1 Dec 2018	$11.9M	$4.32M – $32.6M	$14.9M (+26%)	before first round	–	unknown	D	0%
1 Jan 2019	$12.2M	$4.44M – $33.5M	$15.1M (+24%)	before first round	–	unknown	D	0%
1 Feb 2019	$12.5M	$4.56M – $34.4M	$15.2M (+21%)	before first round	–	unknown	D	0%
1 Mar 2019	$12.8M	$4.67M – $35.3M	$15.3M (+19%)	before first round	–	unknown	D	0%
1 Apr 2019	$13.2M	$4.80M – $36.2M	$15.5M (+17%)	before first round	–	unknown	D	0%
1 May 2019	$13.5M	$4.93M – $37.2M	$15.6M (+15%)	before first round	–	unknown	D	0%
1 Jun 2019	$13.9M	$5.06M – $38.2M	$15.8M (+13%)	before first round	–	unknown	D	0%
1 Jul 2019	$14.3M	$5.19M – $39.2M	$15.9M (+11%)	before first round	–	unknown	D	0%
1 Aug 2019	$14.4M	$5.25M – $39.6M	$16.0M (+11%)	before first round	–	unknown	D	0%
1 Sep 2019	$14.5M	$5.29M – $39.9M	$16.2M (+11%)	before first round	–	unknown	D	0%
1 Oct 2019	$14.7M	$5.34M – $40.3M	$16.3M (+11%)	before first round	–	unknown	D	0%
1 Nov 2019	$14.8M	$5.39M – $40.7M	$16.5M (+11%)	before first round	–	unknown	D	0%
1 Dec 2019	$14.9M	$5.44M – $41.0M	$16.6M (+11%)	before first round	–	unknown	D	0%
1 Jan 2020	$15.1M	$5.49M – $41.4M	$16.8M (+11%)	before first round	–	unknown	D	0%
1 Feb 2020	$15.2M	$5.54M – $41.8M	$16.9M (+11%)	before first round	–	unknown	D	0%
1 Mar 2020	$15.3M	$5.59M – $42.1M	$17.1M (+11%)	before first round	–	unknown	D	0%
1 Apr 2020	$48.0M	$41.7M – $99.4M	$86.4M (+80%)	after a round	–	unknown	B	0%
2 Apr 2020	$48.1M	$41.7M – $99.4M	$86.4M (+80%)	after a round	–	unknown	B	0%
1 May 2020	$50.4M	$41.7M – $99.4M	$86.4M (+72%)	after a round	–	unknown	B	0%
1 Jun 2020	$53.0M	$41.7M – $99.4M	$86.4M (+63%)	after a round	–	unknown	B	0%
1 Jul 2020	$55.6M	$41.7M – $99.4M	$86.4M (+55%)	after a round	–	unknown	B	0%
1 Aug 2020	$58.4M	$41.7M – $99.4M	$86.4M (+48%)	after a round	–	unknown	B	0%
1 Sep 2020	$61.4M	$41.7M – $99.4M	$86.4M (+41%)	after a round	–	unknown	B	0%
1 Oct 2020	$64.4M	$41.7M – $99.4M	$86.4M (+34%)	after a round	–	unknown	B	0%
1 Nov 2020	$67.7M	$41.7M – $99.4M	$86.4M (+28%)	after a round	–	unknown	B	0%
12 Nov 2020	$148M	$104M – $315M	$222M (+50%)	after a round	–	unknown	B	0%
1 Dec 2020	$151M	$104M – $315M	$222M (+47%)	after a round	–	unknown	B	0%
1 Jan 2021	$156M	$104M – $315M	$222M (+42%)	after a round	–	unknown	B	0%
1 Feb 2021	$162M	$104M – $315M	$222M (+37%)	after a round	–	unknown	B	0%
1 Mar 2021	$167M	$104M – $315M	$222M (+33%)	after a round	–	unknown	B	0%
1 Apr 2021	$173M	$104M – $315M	$222M (+28%)	after a round	–	unknown	B	0%
1 May 2021	$179M	$104M – $315M	$222M (+24%)	after a round	–	unknown	B	0%
1 Jun 2021	$185M	$104M – $315M	$222M (+20%)	after a round	–	unknown	B	0%
1 Jul 2021	$1.5B	$1.3B – $2.2B	$2.0B (+30%)	after a round	–	unknown	A	0%
1 Aug 2021	$1.5B	$1.3B – $2.2B	$2.0B (+27%)	after a round	–	unknown	A	0%
1 Sep 2021	$1.6B	$1.3B – $2.2B	$2.0B (+24%)	after a round	–	unknown	A	0%
1 Oct 2021	$1.6B	$1.3B – $2.2B	$2.0B (+22%)	after a round	–	unknown	A	0%
1 Nov 2021	$1.6B	$1.3B – $2.2B	$2.0B (+19%)	after a round	–	unknown	A	0%
1 Dec 2021	$1.7B	$1.3B – $2.2B	$2.0B (+16%)	after a round	–	unknown	A	0%
1 Jan 2022	$1.7B	$1.3B – $2.2B	$2.0B (+14%)	after a round	–	unknown	A	0%
1 Feb 2022	$1.8B	$1.3B – $2.2B	$2.0B (+11%)	after a round	–	unknown	A	0%
25 Feb 2022	$4.2B	$3.7B – $6.3B	$5.5B (+30%)	after a round	–	unknown	A	0%
1 Mar 2022	$4.2B	$3.7B – $6.3B	$5.5B (+30%)	after a round	230	unknown	A	0%
1 Apr 2022	$4.3B	$3.7B – $6.3B	$5.5B (+27%)	after a round	230	unknown	A	0%
1 May 2022	$4.4B	$3.7B – $6.3B	$5.5B (+24%)	after a round	230	unknown	A	0%
1 Jun 2022	$4.5B	$3.7B – $6.3B	$5.5B (+21%)	after a round	230	unknown	A	0%
1 Jul 2022	$4.6B	$3.7B – $6.3B	$5.5B (+19%)	after a round	230	unknown	A	0%
1 Aug 2022	$4.7B	$3.7B – $6.3B	$5.5B (+16%)	after a round	230	unknown	A	0%
1 Sep 2022	$4.8B	$3.7B – $6.3B	$5.5B (+13%)	after a round	230	unknown	A	0%
1 Oct 2022	$4.9B	$3.7B – $6.3B	$5.5B (+11%)	after a round	230	unknown	A	0%
1 Nov 2022	$5.0B	$3.7B – $6.3B	$5.5B (+9%)	after a round	230	unknown	A	0%
1 Dec 2022	$5.1B	$3.7B – $6.3B	$5.5B (+6%)	after a round	230	unknown	A	0%
1 Jan 2023	$5.9B	$3.7B – $7.2B	$6.2B (+6%)	after a round	420	growing	B	0%
1 Feb 2023	$6.1B	$3.7B – $7.2B	$6.2B (+3%)	after a round	420	growing	B	0%
1 Mar 2023	$6.2B	$3.7B – $7.2B	$6.2B (0%)	after a round	420	growing	B	0%
1 Apr 2023	$6.2B	$3.7B – $7.2B	$6.2B (0%)	after a round	420	growing	B	0%
1 May 2023	$6.2B	$3.8B – $7.2B	$6.2B (0%)	after a round	420	growing	B	0%
1 Jun 2023	$6.2B	$3.8B – $7.2B	$6.2B (0%)	after a round	420	growing	B	0%
1 Jul 2023	$6.2B	$3.9B – $7.2B	$6.2B (0%)	after a round	420	growing	B	0%
1 Aug 2023	$6.2B	$4.0B – $7.2B	$6.2B (0%)	after a round	420	growing	A	0%
1 Sep 2023	$6.2B	$4.0B – $7.2B	$6.2B (0%)	after a round	420	growing	A	0%
1 Oct 2023	$5.5B	$2.8B – $6.7B	$5.1B (-6%)	after a round	400	flat	B	24%
1 Nov 2023	$5.5B	$2.7B – $6.7B	$5.1B (-7%)	after a round	400	flat	B	24%
1 Dec 2023	$5.5B	$2.6B – $6.8B	$5.1B (-7%)	after a round	400	flat	B	24%
1 Jan 2024	$5.5B	$2.5B – $6.8B	$5.1B (-7%)	after a round	400	flat	B	24%
1 Feb 2024	$5.5B	$2.4B – $6.9B	$5.1B (-7%)	after a round	410	flat	B	22%
1 Mar 2024	$5.6B	$2.3B – $7.0B	$5.1B (-8%)	after a round	430	flat	B	21%
1 Apr 2024	$5.6B	$2.2B – $7.0B	$5.1B (-8%)	after a round	430	flat	B	19%
1 May 2024	$5.6B	$2.1B – $7.1B	$5.1B (-9%)	after a round	430	flat	C	17%
1 Jun 2024	$5.7B	$2.0B – $7.1B	$5.2B (-9%)	after a round	430	flat	C	16%
1 Jul 2024	$5.8B	$2.9B – $7.3B	$5.3B (-8%)	after a round	480	up	B	15%
1 Aug 2024	$5.8B	$2.9B – $7.3B	$5.4B (-7%)	after a round	480	up	B	14%
1 Sep 2024	$5.9B	$2.8B – $7.3B	$5.4B (-7%)	after a round	480	up	B	13%
1 Oct 2024	$5.9B	$2.8B – $7.3B	$5.5B (-7%)	after a round	480	up	B	12%
1 Nov 2024	$6.0B	$2.8B – $7.5B	$5.8B (-5%)	after a round	530	up	B	11%
1 Dec 2024	$6.1B	$2.8B – $7.5B	$5.8B (-5%)	after a round	530	up	B	10%
1 Jan 2025	$6.1B	$2.7B – $7.5B	$5.8B (-4%)	after a round	530	up	B	9%
1 Feb 2025	$6.1B	$2.7B – $7.5B	$5.9B (-4%)	after a round	530	up	B	8%
1 Mar 2025	$6.1B	$2.1B – $7.5B	$5.9B (-4%)	after a round	530	up	C	8%
1 Apr 2025	$6.1B	$2.1B – $7.5B	$5.9B (-3%)	after a round	530	up	C	7%
1 May 2025	$6.1B	$2.0B – $7.5B	$5.8B (-5%)	after a round	530	up	C	6%
1 Jun 2025	$6.1B	$1.9B – $7.5B	$5.9B (-4%)	after a round	530	up	C	6%
1 Jul 2025	$6.9B	$3.9B – $8.4B	$6.7B (-3%)	after a round	858	growing	B	5%
1 Aug 2025	$6.9B	$3.9B – $8.4B	$6.7B (-2%)	after a round	867	growing	B	5%
1 Sep 2025	$6.9B	$3.8B – $8.4B	$6.8B (-2%)	after a round	867	growing	B	5%
1 Oct 2025	$6.9B	$3.8B – $8.4B	$6.8B (-2%)	after a round	867	growing	B	4%
1 Nov 2025	$7.0B	$3.8B – $8.4B	$6.8B (-2%)	after a round	867	growing	B	4%
1 Dec 2025	$7.0B	$3.7B – $8.4B	$6.9B (-2%)	after a round	867	growing	B	4%
1 Jan 2026	$7.0B	$3.7B – $8.4B	$6.9B (-2%)	after a round	867	growing	B	3%
1 Feb 2026	$7.1B	$3.7B – $8.4B	$7.0B (-1%)	after a round	867	growing	B	2%
1 Mar 2026	$7.6B	$3.5B – $8.8B	$7.6B (0%)	after a round	1,045	growing	B	0%
1 Apr 2026	$7.6B	$3.4B – $8.8B	$7.6B (0%)	after a round	1,045	growing	B	0%
1 May 2026	$7.8B	$3.5B – $8.9B	$7.8B (0%)	after a round	1,145	growing	B	0%
1 Jun 2026	$7.7B	$1.3B – $8.9B	$7.7B (-1%)	after a round	1,145	up	C	0%
1 Jul 2026	$7.8B	$3.4B – $9.0B	$7.8B (0%)	after a round	1,169	growing	B	0%
1 Aug 2026	$7.8B	$3.3B – $9.0B	$7.8B (0%)	after a round	1,169	growing	B	0%
1 Sep 2026	$7.8B	$3.3B – $9.0B	$7.8B (0%)	after a round	1,169	growing	B	0%
1 Oct 2026	$8.0B	$3.3B – $9.2B	$8.0B (0%)	after a round	1,279	growing	B	0%
24 Oct 2026	$6.2B	$2.5B – $9.2B	$6.2B (0%)	after a round	1,279	growing	C	0%

Key facts about dbt Labs

Founded: 2016
Headquarters: Philadelphia, United States
Employees: about 1,280 +48% in a year
Total raised: $414M
Funding rounds: 4
Last round: Series D Feb 2022

dbt Labs was founded in 2016 by Connor McArthur, Drew Banin and Tristan Handy.

dbt Labs funding history

dbt Labs has 4 funding rounds on record, from Apr 2020 to Feb 2022, $414M in total. The latest disclosed valuation is $4.20B post-money (Series D, Feb 2022).

Series D 24 Feb 2022
Led by Altimeter; with Amplify Partners, Andreessen Horowitz, Sequoia Capital, Coatue, Tiger Global, ICONIQ Growth, GV, GIC, Databricks, Salesforce Ventures, Snowflake.
Sources: getdbt.com
$222M
$4.20B post-money
Series C 30 Jun 2021
Led by Altimeter, Sequoia Capital, Andreessen Horowitz; with Amplify Partners.
Sources: getdbt.com, prnewswire.com, technical.ly and 1 more
$150M
$1.50B post-money
Series B 11 Nov 2020
Led by Sequoia Capital; with Andreessen Horowitz, Amplify Partners.
Sources: prnewswire.com, technical.ly, techcrunch.com and 1 more
$30M
Series A 1 Apr 2020
Led by Andreessen Horowitz; with Amplify Partners, Keiretsu Forum.
Sources: techcrunch.com, prnewswire.com, hpcwire.com and 1 more
$13M
$48M post-money

dbt Labs investors

13 investors have backed dbt Labs; Andreessen Horowitz, Sequoia Capital and Altimeter led at least one round.

What dbt Labs does

dbt Labs works in tech companies, with 15 recorded offerings and customers in data analytics and data engineering.

dbt Labs, Inc. is an American software company engaged in data engineering solutions, including data pipeline development, governance, and automation. The company provides tools for data development, analytics, and AI integration, and operates a community platform offering resources, training, and support for data professionals. dbt Labs also engages in strategic partnerships to expand its capabilities in data integration and analytics.

Description from Veridion's company data.

Products and services

Data Engineering Solutions Development
Data Pipeline Engineering and Governance
Data Development Automation Solutions
Data Integration Services
Analytics Acceleration Solutions
AI-Ready Data Preparation Services
Data Quality Assurance Services
Data Analytics Enablement Services
Data Professional Training Services
Data Community Knowledge Dissemination
Organizational Data Knowledge Sharing Services
Strategic Data Technology Partnerships
Data Governance Consulting
Data Engineering Consulting Services
Data Analytics Enablement Services

Markets

Data Analytics
Data Engineering

Technology

AI-Driven Data Engineering
AI-Driven Data Automation
AI-Driven Data Governance
AI-Driven Data Quality Assurance

Business model

Business-to-Business
Service Provider
Software-as-a-Service
Enterprise

Industry codes (NAICS)

513210 Software Publishers 100% match

Questions about dbt Labs

What is dbt Labs worth?

Valuation $6.2B (range $2.5B to $9.2B), as of 24 Oct 2026. The last disclosed valuation was $4.20B (Series D, Feb 2022).

Has dbt Labs raised money?

dbt Labs has 4 funding rounds on record, from Apr 2020 to Feb 2022, $414M in total. The latest disclosed valuation is $4.20B post-money (Series D, Feb 2022).

Who has invested in dbt Labs?

Andreessen Horowitz, Sequoia Capital, Altimeter, Amplify Partners, Coatue and Databricks, and 7 more. Lead investors include Andreessen Horowitz, Sequoia Capital and Altimeter.

How many people work at dbt Labs?

About 1,280, up 48% over the last year. Headcount grew from 230 in Mar 2022 to 1,279 in Sep 2026.

What does dbt Labs do?

dbt Labs works in tech companies, with 15 recorded offerings and customers in data analytics and data engineering. Its main offerings are data engineering solutions development, data pipeline engineering and governance and data development automation solutions.

When was dbt Labs founded, and where is it based?

dbt Labs was founded in 2016 and is based in Philadelphia, United States. It has about 1,280 employees, up 48% over the last year.

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