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dbt Labs (Fivetran) Stock

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Valuation$4.2B1
Valuation DateFeb 24, 2022
Implied Valuationn/a
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Total Funding$416M2
Latest Round Amount$222M1
Latest RoundSeries D
Funding Rounds5
IPO StatusUnknown
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About dbt Labs

dbt Labs is the company behind dbt, an open-source framework that data teams use to transform raw data inside cloud data warehouses. Its software lets analysts and engineers build data models with SQL while applying software engineering practices like version control, automated testing and documentation, an approach the company helped popularize as "analytics engineering." The main products are dbt Core, a free open-source tool, and dbt Cloud, a paid platform that adds a browser-based development environment, job scheduling, hosting and enterprise governance.

Categories Developer Tools & Infrastructure, Data Intelligence
Founded 2016
Country United States
CEO Tristan Handy
Founders Tristan Handy, Drew Banin, Connor McArthur
Headquarters Philadelphia, PA

Important Updates

dbt Labs completed an all-stock merger with Fivetran in June 2026. The combined entity is currently operating under the name "Fivetran + dbt Labs," with an official brand name still to be determined.

News

dbt Labs Named Snowflake Data Integration Product Partner of the Year

At Snowflake Summit 2026, dbt Labs was named 2026 Data Integration Snowflake Product Partner of the Year and received Snowflake's CoCo Adoption Award.

2 months ago - PR Newswire

Fivetran + dbt Labs Complete Merger to Create the Data Infrastructure for Trusted AI Agents

Fivetran and dbt Labs completed their all-stock merger, forming a combined data infrastructure company. George Fraser continues as CEO and dbt Labs founder Tristan Handy serves as president.

2 months ago - Fivetran

Fivetran, dbt Labs to merge in all-stock deal

Fivetran and dbt Labs announced an all-stock merger creating a combined data infrastructure company with nearly $600 million in annual revenue; deal closed June 2026.

10 months ago - Reuters

Fivetran and dbt Labs Unite to Set the Standard for Open Data Infrastructure

Fivetran and dbt Labs signed a definitive agreement to merge in an all-stock deal, combining data movement and transformation. The companies said the combined business would approach $600 million in a...

10 months ago - Fivetran

dbt Labs Redefines dbt with New Fusion Engine, Built to Revolutionize Developer Experience in the Age of AI

dbt Labs unveiled the dbt Fusion engine, a Rust-based rewrite of the technology that powers dbt with native SQL comprehension and faster performance. The company also launched a VS Code extension and ...

1 year ago - dbt Labs

dbt Labs Acquires SDF Labs to Introduce Robust SQL Comprehension into dbt and Supercharge Developer Efficiency

dbt Labs acquired SDF Labs, a startup building Rust-based SQL comprehension technology, to speed up dbt and improve the developer experience. The SDF Labs team joined dbt Labs to integrate the technol...

1 year ago - dbt Labs