Overview

Heap provides a platform for product analytics that helps businesses understand and improve their customer journeys through data. The platform tracks every interaction a user has with a product, allowing companies to gather insights from the first visit to the final conversion. This data helps businesses make informed decisions and enhance user experiences. Heap serves a variety of clients, from startups to large enterprises, and operates on a Software-as-a-Service (SaaS) model, where clients pay a subscription fee for access to its analytics tools. These tools include event tracking, user segmentation, funnel analysis, and retention tracking. Heap differentiates itself by offering extensive educational resources, such as webinars and courses, to help clients maximize the value of their data. The company's goal is to empower businesses to leverage data effectively to drive growth and improve their products.

Simplify's Take

What believers are saying

• Contentsquare's acquisition could enhance Heap's analytics capabilities and market reach.
• New features with out-of-the-box dashboards increase actionable insights and customer satisfaction.
• Recognition in Snowflake's report boosts Heap's credibility and attracts enterprise clients.

What critics are saying

• Contentsquare's acquisition may disrupt client relationships or alter product focus.
• Lawsuit from Brooks Bell Interactive could harm Heap's reputation and financial standing.
• Global data regulations pose compliance challenges, impacting operational costs and practices.

What makes Heap unique

• Heap automates analytics, reducing technical jams for comprehensive customer insights.
• The platform measures every user interaction, optimizing customer journeys with data.
• Heap's SaaS model offers scalable analytics tools like event tracking and user segmentation.

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Funding

Total Funding

$212.2M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:

New Enterprise AssociatesSV AngelY Combinator

Notable Investors:

New Enterprise AssociatesSV AngelY Combinator

$110,000,000

Series D

Dec 2021

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.

Series D Funding Comparison

Above Average

Industry standards

Ind Avg. $77M

$49M

$50M

$70M

$80M

$100M

$110M

View all funding stages