Hightouch, a San Francisco, California-based fast-growing software company that pioneered the concept of Reverse ETL, announced that it raised $40 million in Series B financing at a $450 million valuation.
The round was led by ICONIQ Growth, with participation from Amplify, Bain, YC, and Afore, bringing its total funding to $54.2 million.
Angel investors joining this round include Barr Moses (founder of Monte Carlo), Gene Lee (founder of Ramp), Maxime Beauchemin (the original creator of Airflow), and Alex Pall (The Chainsmokers).
The fund will be used to expand the surface area of who the product serves and further improve the core developer experience.
Company: Carry Technologies, Inc.
Raised: $40.0M
Round: Series B
Funding Month: November 2021
Lead Investors: ICONIQ Growth
Additional Investors: Amplify, Bain, YC, and Afore
Company Website: https://www.hightouch.io/
Software Category: SaaS tools
About the Company: Hightouch was founded on the notion that every business team's sale, marketing, support, success needs relevant, accurate, and real-time customer data in the software they use to talk to customers including CRM, email, and support platforms. Hightouch is the world's leading Reverse ETL platform, which syncs data from data warehouses to various SaaS tools with data warehouses as the hub for customer data, Hightouch has pioneered the concept of reverse ETL, which is the easiest way to get data out of data warehouses and into those customer-facing operational systems. Leading B2B companies use Hightouch to sync product usage data into Salesforce and B2C
companies use Hightouch to sync data into lifecycle and ad marketing tools.
Source: https://www.prnewswire.com/news-releases/hightouch-closes-40m-series-b-to-make-data-actionable-increases-valuation-to-450m-301426831.html