Total amount raised
$80.3 Million
Latest funding date
2/1/2022
Location
Census has successfully raised funding over three rounds, with the latest being a Series B round led by Insight Partners and Tiger Global Management. The company is backed by a total of 25 investors, including notable names like Andreessen Horowitz.
Keep reading to explore the intricacies of Census's fundraising journey and the investors backing this innovative data platform.
What Is Census?
Census is a data platform specializing in Data Activation and Reverse ETL, enabling seamless integration of data from warehouses into over 150 operational tools. The company operates in various industries, including Analytics, Data Integration, Database, Marketing, and SaaS.
Founded in San Francisco, California, Census has grown to employ between 101-250 people. The company has been acquired by Fivetran and continues to innovate in the data management space.
How Much Funding Has Census Raised?
- Seed Round
- Amount Raised: USD 4,300,000
- Date: May 2020
- Lead Investors: Andreessen Horowitz
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support initial development and scaling of the product.
- Series A
- Amount Raised: USD 16,000,000
- Date: February 2021
- Lead Investors: Sequoia Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop and scale the product.
- Series B
- Amount Raised: USD 60,000,000
- Date: February 2022
- Lead Investors: Insight Partners, Tiger Global Management
- Valuation at Round: USD 630,000,000
- Motivation Behind the Round: To expand the product, add more connectors, and enhance functionality.
Total Amount Raised: USD 80,300,000. Current Valuation: USD 630,000,000.
Key Investors
- Insight Partners
- Details: Insight Partners is a global private equity and venture capital firm that invests in growth-stage technology and software companies. They participated in the Series B funding round for Census.
- Investment Focus Areas: Technology, Software, Internet
- Notable Investments: Shopify, Twitter, Qualtrics
- Tiger Global Management
- Details: Tiger Global Management is an investment firm that focuses on public and private companies in the global Internet, software, consumer, and financial technology industries. They led the Series B funding round for Census.
- Investment Focus Areas: Internet, Software, Consumer, Financial Technology
- Notable Investments: Facebook, LinkedIn, Stripe
- Sequoia Capital
- Details: Sequoia Capital is a venture capital firm that invests in early and growth-stage companies. They were previous investors in Census and participated in the Series B funding round.
- Investment Focus Areas: Technology, Healthcare, Consumer
- Notable Investments: Apple, Google, Airbnb
- Andreessen Horowitz
- Details: Andreessen Horowitz, also known as a16z, is a private venture capital firm that invests in both early-stage startups and established growth companies. They were previous investors in Census and participated in the Series B funding round.
- Investment Focus Areas: Technology, Healthcare, Financial Services
- Notable Investments: Facebook, Slack, Lyft
What's Next for Census?
With a fresh infusion of $60 million from its Series B round, Census is poised to expand its product features and add more connectors, addressing the growing demand for data accessibility and operational analytics. The company plans to double or triple its workforce, leveraging the investment to go into full growth mode.
As Census scales, future fundraising opportunities seem likely, given the interest from top-tier investors and the company's ambitious expansion plans. However, challenges such as maintaining a diverse workforce and competing with other data integration tools will need to be navigated carefully.
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