Fivetran Receives New Funding To Become The Newest Unicorn in The Cloud Space!

: June 30, 2020

Fivetran Raises $100M Series C Round At A $1.2 Billion Valuation!





Fivetran is the smartest, fastest and most reliable way to continuously load data into your cloud warehouse. Prebuilt, zero-maintenance Fivetran connectors deploy in minutes and completely replicate your applications, databases, events and files — powering comprehensive business insights.


The company raised $100M in a Series C round, led by Andreessen Horowitz  and General Catalyst, with participation existing investors CEAS Investments and Matrix Partners. The round brings the company valuation to $1.2 billion, hence becomes the cloud's newest unicorn. Fivetran raised $63M prior to this which brings Fivetran's total funding to over $163M.


Fivetran standardized technology delivers data into your cloud warehouse the right way. They enable companywide data-backed decisions with automated tools driven by analyst need. Fivetran is focused, transparent and trusted by businesses embracing agile analytics. Fivetran builds the best schemas and ERDs around, and protect the continuity of your data projects with automatic schema migrations and micro-batch updates. Its technology solves the last remaining hurdle to widespread adoption of data analytics programs — data centralization.


Fivetran has emerged as an essential starting point for data and analytics in the cloud. Its technology works seamlessly with other modern data infrastructure companies and managed services like Snowflake, Google Cloud, Looker, Tableau, Microsoft Azure and more. Fivetran has more than 750 companies of traditional enterprises and modern organizations, including DocuSign, Lime, Optimizely and Urban Outfitters, Inc.