# Transform Data

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/transform-data

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.transform.co
- Total disclosed funding: $25M
- Latest round: Series A (Jun 17, 2021)
- Investors on record: 4

## About

Transform Data Inc. is a US-based company specializing in data transformation technology that enhances data accessibility and usability for businesses, enabling them to leverage data-driven insights effectively.Founded in 2019 and headquartered in San Francisco, US, Transform Data Inc. focuses on providing solutions for data practitioners. The company has undergone significant growth, culminating in its acquisition by dbt Labs, Inc. in February 2023, which aims to enhance dbt Labs’ Semantic Layer. The founder, Paul Yang, has a background in technology entrepreneurship, further strengthening the company's vision. Transform Data has engaged in a total of 3 deals and raised USD 20.00 mn in its latest funding round, Series A, led by Index Ventures and Redpoint Ventures.Transform Data Inc. offers a comprehensive suite of data transformation products, particularly known for its dbt Fusion engine, which provides 30 times faster performance and improved cost efficiencies. Additional tools like dbt Copilot and dbt Canvas facilitate automation and user-friendly interfaces for a wide range of users, from experienced data professionals to novices. Their offerings are adopted by various organizations in North America, Europe, and Asia, catering to sectors reliant on high-quality data for enhanced operations and customer experience.Transform Data Inc.'s revenue model is primarily subscription-based, serving a diverse clientele from startups to large enterprises. Their pricing plans are tiered, allowing organizations to choose levels of functionality and support suited to their needs. The dbt Cloud service is a key offering, enabling effective management of analytics workflows. This structured engagement fosters long-term client relationships and a steady revenue stream by addressing the essential needs of data-driven businesses.Looking ahead, Transform Data Inc. plans to leverage its recent acquisition by dbt Labs to enhance its Semantic Layer and expand its product offerings. The company is exploring the development of new tools and features scheduled for release in the near future. Additionally, Transform Data seeks to penetrate new markets in Europe and Asia by the end of 2024, aiming to provide tailored solutions that meet regional data needs. The financial backing from the recent Series A funding round will be strategically utilized to support these initiatives and facilitate growth.

## Funding rounds

- Series A, Jun 17, 2021, $20M — Index Ventures, Redpoint Ventures
- Seed, Feb 26, 2020, $4.5M — Index Ventures, Redpoint Ventures, Fathom Capital, Worklife Ventures Management

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Seed, Series A
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Seed, Series A
- Fathom Capital (https://capitalatlas.ai/funds/fathom-capital) — Seed
- Worklife Ventures Management (https://capitalatlas.ai/funds/worklife-ventures-management) — Seed
