The round, which increased its total funding to 54.2m, was led by Iconiq Growth (early backers of Snowflake) with participation from Amplify, Bain, YC, and Afore, as well as angel investors Barr Moses (founder of Monte Carlo), Gene Lee (founder of Ramp), Maxime.
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In November, Hightouch announced $40M in Series B financing at a $450 million valuation led by ICONIQ Growth, early investors in Snowflake. Hightouch, a San Francisco, CA-based Reverse ETL software company, raised 40m in Series B financing at a 450M valuation. Hightouch concluded a record Q1 and is on track to exceed 300% growth in new sales this year, as it evangelizes the idea of taking action on data locked away in warehouses like Snowflake.Ībout Hightouch Hightouch is the world's leading Data Activation platform, syncing data from warehouses directly into SaaS tools. We've built a highly strategic engineering function, where engineers wear multiple hats, deeply understand our customers, and actively contribute towards product and design,' said Curl. 'Hightouch is known for product innovation, and when asked what our secret is, people are surprised to hear that we attribute it to engineering culture. Hightouch CTO and Co-Founder Josh Curl says that Stein aligns exceptionally well with Hightouch's vision: that engineering is not a function for executing on purely technical problems, but rather, is the heart of where innovation occurs. And the passion and vision from Tejas, Kashish, and Josh convinced me that joining Hightouch was a special opportunity.' Street Fighter V Iconiq Gaming Series Ryu 1/6 Scale Figure From Iconiq Studios and TBLeague Official Images And Details shortsCapcom, Iconiq Studios, and TB. 'The Hightouch mission of taking action on warehouse data resonated with me immediately. Syncing data out of the warehouse became an increasingly popular pattern – that's when I realized that warehouses are now playing a role much bigger than analytics,' said Stein. The rapid adoption of cloud data warehouses like Snowflake and BigQuery was noteworthy, but the trend that's even more interesting is how they're being used.
'Even before I was aware of Hightouch, I had noticed a shift in how companies think about their data systems. Stein joins Hightouch from Opendoor, where he served as Head of Pricing Engineering and Infrastructure Engineering during a period of rapid growth – as the company grew revenue to north of $8 billion and went public through a 2020 SPAC merger.Īt Hightouch, Stein will oversee the engineering team, which is expected to grow to 50 by the end of 2022. SAN FRANCISCO, /PRNewswire/ - Hightouch, the leader in Data Activation and Reverse ETL, today announced former Opendoor engineering leader Corey Stein as its VP of Engineering.
This new round of funding allows us to invest heavily in our product to add features that data engineers love, as well as UIs that make Hightouch accessible to different verticals of business users, starting with marketers and expanding into sales, customer success, and support.Stein, formerly of Opendoor, will triple size of Hightouch engineering team Our vision is to make data accessible and useful to everyone within a company, said Kashish Gupta, co-founder of Hightouch. This year, Hightouch has partnered with B2C brands like Betterment, EyeByeDirect, Imperfect Foods, Autotrader, and Nando's, as well as B2B companies like Plaid, Ramp, CircleCI, Lucidchart, and SurveyMonkey. Hightouch has hundreds of customers, including Fortune 500 companies.
Since the Series A announcement, Hightouch has increased revenue by more than twofold and grown the team from four employees at the beginning of the year to thirty today. The growth of the market and stellar customer interviews led investors to pre-empt the company's Series B. This comes just months after announcing their Series A due to rapid customer acquisition,a new product ( Hightouch Audiences), and the tailwinds of companies adopting cloud data warehouses and the modern data stack. Hightouch co-founders Josh Curl (left), Kashish Gupta (center), and Tejas Manohar (right)