# dbt Labs funding: rounds and investors

> dbt Labs has raised $222M across 1 round since 2022. Investors include Sequoia Capital, Andreessen Horowitz and Salesforce Ventures.

Source: https://millionrounds.com/company/dbt-labs (Millionrounds; every figure on the page links to its filing or article)

United States · [Series D startup](https://millionrounds.com/companies)

# Who invested in *dbt Labs*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics

Valuation: $4.0B, Oct 2024

Funding summary Updated 26 Oct 2026

**$222M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series D, $222M Feb 2022
- **Investors:** 5

See who backed them

## The rounds

- **Feb 2022** Series D **$222M** [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Coatue](https://millionrounds.com/fund/coatue-management) [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital-2) Source recorded

## Founders and team

From dbt Labs's own website: 3 founders, 3 on the team.

**Tristan Handy** Founder & CEO

**Connor McArthur** Co-Founder

**Drew Banin** Co-Founder

- **Austin Stefani** Chief Revenue Officer
- **Meg Pittman** Chief People Officer
- **Martin Casado** Partner - Andreessen Horowitz

## Everyone who backed them

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round

[Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **1** round

[Coatue](https://millionrounds.com/fund/coatue-management) VC firm **1** round

[ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital-2) Family office **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=dbt-labs).

## Quick answers about dbt Labs

### Who invested in dbt Labs?

dbt Labs's investors include Sequoia Capital, Andreessen Horowitz, Salesforce Ventures, Coatue and ICONIQ Capital.

### How much has dbt Labs raised?

dbt Labs has raised $222M across 1 round since 2022.

### When did dbt Labs last raise?

dbt Labs's most recent round was a Series D of $222M in Feb 2022.

### What was dbt Labs's biggest round?

Its most recent round, $222M in Feb 2022, is also its largest on record.

### Who backed dbt Labs first?

dbt Labs's first round on record, in Feb 2022, was backed by Sequoia Capital, Andreessen Horowitz and Salesforce Ventures and 2 others.

### What stage is dbt Labs at?

dbt Labs's latest named round is a Series D, in Feb 2022.

### Where is dbt Labs based?

dbt Labs is based in the United States.

## Companies like dbt Labs

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**DrizzleX** $9.1M · Oct 2026](https://millionrounds.com/company/drizzlex)[**Prism Data** $25M · Oct 2026](https://millionrounds.com/company/prism-data)[**Homa** $5.0M · Oct 2026](https://millionrounds.com/company/homa)

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