# Fivetran

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fivetran

- Industry: Software
- Headquarters: Oakland, US
- Website: www.fivetran.com/
- Total disclosed funding: $724M
- Latest round: Series D (Sep 30, 2021)
- Investors on record: 7

## About

Founded in 2012 and based in California, US, Fivetran Inc. is a provider of automated data connectors that analyzes and replicates existing business data within various cloud environments. The company was co-founded by its CEO George Fraser and Taylor Brown out of Y Combinator. It serves brands across the globe that includes ASICS, Autodesk, BJ’s Restaurants, Conagra Brands, DocuSign, Forever 21, Lionsgate, Square, Strava, Urban Outfitters, and Ziff Davis. In May 2023, Fivetran, Inc. raised USD 125 million in venture debt financing from new investor Vista Equity Partners.

The company offers software that serves as a pipeline that delivers data into various cloud warehouses. The software helps in the accuracy of data-driven decisions by synchronizing data from source applications that allow users to access the newest possible data. It also automates in-warehouse transformations and programmatically manages ready-to-query schemas.

Fivetran generates revenue through subscription-based pricing for data connectors, transformation services, and enterprise-grade features such as hybrid deployment and managed data lakes.

## Funding rounds

- Series D, Sep 30, 2021, $565M — Matrix Partners, General Catalyst Partners, Andreessen Horowitz, Y Combinator, ICONIQ Capital, D1 Capital Partners, CEAS Investments
- Series C, Jun 30, 2020, $100M — Matrix Partners, General Catalyst Partners, Andreessen Horowitz, CEAS Investments
- Series B, Sep 24, 2019, $44M — Matrix Partners, Andreessen Horowitz, CEAS Investments
- Series A, Oct 11, 2018, $15M — Matrix Partners

## Investors

- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Series A, Series B, Series C, Series D
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series B, Series C, Series D
- CEAS Investments — Series B, Series C, Series D
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series C, Series D
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series D
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series D
- D1 Capital Partners (https://capitalatlas.ai/funds/d1-capital-partners) — Series D