United States · Funded startup

Who invested in Fivetran

3 rounds we have observed, with the 6 investors named in them. 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: $5.6B, Mar 2026Y Combinator: W13

Funding summaryUpdated 26 Oct 2026

$184Mraised across 3 rounds since 2018, from 3 sources

$15MSeries A$44MSeries B$125MDebt
Latest round
Debt, $125MMay 2023
Step-upi
2.8×
Investors
6 (2 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20192020202120222023
$15MSeries A$44MSeries B$125MDebt
First round
Series A, $15M
Dec 2018
Biggest round
$125M
Debt · May 2023
Usual gap between rounds
3.6 years
the median of 2
FivetranData/analytics1 / 13Their pitch deckFivetran's pitch deck, 13 slidesEach slide read for what it argues, against the decks that raised at the same stage.

The rounds

  1. May 2023
  2. Sept 2019
    Series B$44M2 new1 returning

    Reported by FinSMEs

  3. Dec 2018
    Series A$15M1 new

    Reported by TechCrunch

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Andreessen HorowitzVC firm2rounds, led 1
Matrix PartnersVC firm2rounds, led 1
Y CombinatorAccelerator1round
General CatalystVC firm1round
ICONIQ CapitalFamily office1round
CEAS InvestmentsFamily office1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 5 firms list Fivetran as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Iconiq CapitalGrowth equityPer its own site
ICONIQ CapitalFamily officePer its own site
Garage CapitalVC firmPer its own site
ConduitAcceleratorPer its own site
Octave FundVC firmPer its own site

Quick answers about Fivetran

Who invested in Fivetran?

Fivetran's investors include Andreessen Horowitz, Matrix Partners, Y Combinator, General Catalyst and ICONIQ Capital, and 1 more on record.

How much has Fivetran raised?

Fivetran has raised $184M across 3 rounds since 2018.

When did Fivetran last raise?

Fivetran's most recent round was a Debt of $125M in May 2023.

What was Fivetran's biggest round?

Its most recent round, $125M in May 2023, is also its largest on record.

Who backed Fivetran first?

Fivetran's first round on record, in Dec 2018, was backed by Matrix Partners.

What stage is Fivetran at?

Fivetran's latest named round is a Debt, in May 2023.

Where is Fivetran based?

Fivetran is based in the United States.

Who led Fivetran's rounds?

Matrix Partners led the Series A in 2018; Andreessen Horowitz led the Series B in 2019.

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