8/19/2023 0 Comments Hightouch 40m iconiq growth"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."Įvery business team - sales, marketing, support, success - needs customer data in the software they use to talk to customers, like CRMs, email tools, ad tools, and billing tools. "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) 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). 17, 2021 /PRNewswire/ - Hightouch, a fast-growing software company that pioneered the concept of Reverse ETL, today announced it has raised $40 million in Series B financing at a $450M valuation led by ICONIQ Growth (early backers of Snowflake) with participation from Amplify, Bain, YC, and Afore, increasing its total funding to $54.2 million. We are committed to providing a cutting-edge platform that empowers everyone within an organization to activate their data at scale to drive their business forward.( MENAFN- PR Newswire) SAN FRANCISCO, Nov. With a relentless drive for innovation and a deep understanding of the evolving digital marketing landscape, Hightouch is changing the way that today’s organizations leverage their customer data. However, they also recognized the limitations of the existing rigid legacy Customer Data Platform (CDP) market.īy building a platform that could sit on top of an organization’s existing data infrastructure, our founders knew that teams could unlock a more performant, flexible and secure solution to activating customer data at scale - and thus, Hightouch was born. Our founders were early employees of Segment where they saw the transformative impact of enabling business and marketing teams to activate customer data. Some of our customers include Autotrader, Plaid, Blend, Retool, Ramp, Imperfect Foods, and CircleCI. Angel investors include the cofounders of Segment, Datadog, Okta, and Clearbit. We are a Series B startup backed by top investors including Amplify Partners, Bain Capital Ventures, ICONIQ Growth, and Y Combinator.
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