dbt Labs

dbt Labs

Cloud-based platform for data management

About dbt Labs

Simplify's Rating
Why dbt Labs is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

501-1,000

Company Stage

Series D

Total Funding

$403.1M

Headquarters

Philadelphia, Pennsylvania

Founded

2016

Overview

GetDBT.com is a cloud-based data management platform that helps companies improve their data development processes. It allows users to write business logic faster, enhance code reusability, and onboard new developers efficiently through a modular and well-documented approach. Unlike its competitors, GetDBT.com focuses on governance and control of analytics code, ensuring data quality and quick integration of changes. The company's goal is to empower businesses to manage their data effectively while providing reliable service through a subscription model.

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Simplify's Take

What believers are saying

  • Dbt Labs recently crossed $100M ARR, indicating strong market demand and growth.
  • The acquisition of SDF Labs enhances SQL code comprehension and developer productivity.
  • Growing demand for data transformation tools supports dbt Labs' market position.

What critics are saying

  • Integration challenges from acquiring SDF Labs may disrupt operations temporarily.
  • New executive appointments could lead to strategic shifts affecting company culture.
  • Competition from Fivetran's orchestration integration may erode market share.

What makes dbt Labs unique

  • Dbt Labs offers a unique open-source analytics engineering tool for data transformation.
  • The platform supports SQL-based data modeling, enhancing accessibility for data analysts.
  • Dbt Mesh allows cross-project model referencing, aligning with data mesh architecture trends.

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Funding

Total Funding

$403.1M

Above

Industry Average

Funded Over

4 Rounds

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

$77M
$70M
Twilio
$80M
Handshake
$100M
Affirm
$222M
dbt Labs

Benefits

Unlimited Paid Time Off

401(k) Company Match

401(k) Retirement Plan

Health Insurance

Paid Parental Leave

Wellness Program

Home Office Stipend

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

-1%
LinkedIn
Feb 6th, 2025
Julia Schottenstein on LinkedIn: Congrats to my dbt Labs fam on crossing $100M ARR!!!!!!!! To everyone who…

Congrats to my dbt Labs fam on crossing $100M ARR!!!!!!!! To everyone who thought it was just a macro in the early days, as it turn out, you were wrong :)

TechTarget
Jan 15th, 2025
DBT Labs acquires SDF Labs to boost data transformation

DBT Labs acquires SDF Labs to boost data transformation.

SiliconANGLE
Jan 14th, 2025
dbt Labs Acquires SDF Labs for SQL Enhancement

Dbt Labs Inc. has acquired SDF Labs Inc. to enhance SQL code comprehension within its platform. SDF Labs, launched in June 2024, offers a framework for compiling and understanding SQL, built with Rust and integrated with dbt. This acquisition aims to boost developer productivity, improve data quality, and enhance dbt's user experience. SDF's technology will also benefit dbt's other products, such as dbt Mesh and dbt Copilot. SDF's team, including CEO Lukas Schulte, will join dbt Labs.

Adweek
Sep 20th, 2024
Revolving Door Roster Updates: Buntin, Cornett, Exverus Media & More

Dbt Labs appointed Sally Jenkins as chief marketing officer, a role that will capitalize on Jenkins' extensive experience in enterprise software and data-driven marketing.

Yahoo Finance
Feb 28th, 2024
dbt Labs Names Former Rubrik Exec Austin Stefani as Chief Revenue Officer

Additionally, Ashley Kramer, Chief Marketing and Strategy Officer at GitLab, will be joining dbt Labs' Board of Directors.

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