dbt Labs get $150 M Series C Funding

The Philadelphia Business Journal reports that Fishtown Analytics, now known as dbt Labs just recieved $150 M in Series C funding pushing the valuation to $1.5 B.

The open source analytics group founded in 2016 has grown exponentially over the past 5 years with growing interest from VC and tech firms from Silicon Valley.

“Handy isn’t yet focusing on taking dbt Labs to another capital raise. Before pursuing new funding, he said the goal is to accelerate revenue growth so that the company's next round could likely be the last before going public.”

Located in 915 Spring Garden, dbt labs has grown by 200% every year since opening.

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