Private Markets, Angel and Secondary Investing, Sacra

Sacra

Private Markets, Angel and Secondary Investing

Bringing transparency to private markets so investors, founders, and employees can build on conviction. Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Capital Markets

<ul><li>Based on those conversations, we revised our revenue model—which previously showed significant deceleration in 2024 ARR growth—to reflect ARR growth holding in the mid-60% range in 2023 with acceleration through 2024.</li><li>Today, with companies consolidating tools to save on cost and reduce complexity, a rebundling cycle is in effect centered around the data warehouse, with Snowflake, Databricks and the hyperscalers simultaneously integrating with dbt and launching cloud-native data products that compete with dbt.</li><li>In 2024, data clouds had their "VHS moment" as Apache Iceberg emerged as the open table standard—particularly with Databricks, the company behind competing Delta Lake, acquiring Tabular for over $1B to bring the founders of Iceberg in under one roof—making multi-cloud a tangible reality and throwing tailwinds behind cross-cloud solutions like dbt that abstract away the underlying infrastructure and offer an orchestration layer on top.</li></ul>

Based on those conversations, we revised our revenue model—which previously showed significant deceleration in 2024 ARR growth—to reflect ARR growth holding in the mid-60% range in 2023 with acceleration through 2024.Today, with companies consolidating tools to save on cost and reduce complexity, a rebundling cycle is in effect centered around the data warehouse, with Snowflake, Databricks and the hyperscalers simultaneously integrating with dbt and launching cloud-native data products that compete with dbt.In 2024, data clouds had their "VHS moment" as Apache Iceberg emerged as the open table standard—particularly with Databricks, the company behind competing Delta Lake, acquiring Tabular for over $1B to bring the founders of Iceberg in under one roof—making multi-cloud a tangible reality and throwing tailwinds behind cross-cloud solutions like dbt that abstract away the underlying infrastructure and offer an orchestration layer on top.

Tristan Handy, CEO Of Dbt Labs, On Dbt’s multi-cloud Tailwinds

<ul><li>dbt Labs hit $96M in annual recurring revenue (ARR) at the end of 2024, up 14% YoY, as they expand into cataloging, orchestration, and observability.</li><li>Sacra estimates that dbt Labs hit $96M in annual recurring revenue (ARR) at the end of 2024, growing about 14% year-over-year, with over 5,000 paying customers and 50,000 teams using dbt weekly.</li><li>Under pressure from Snowflake and Databricks (building native transformations) and from startups “re-bundling” dbt with better orchestration and scheduling (Dagster, Meltano), dbt is now expanding into cataloging (Collibra), orchestration (Airflow), and observability (Metaplane) to defend their position as the key interface where data engineering teams define their business metrics.</li></ul>

dbt Labs hit $96M in annual recurring revenue (ARR) at the end of 2024, up 14% YoY, as they expand into cataloging, orchestration, and observability.Sacra estimates that dbt Labs hit $96M in annual recurring revenue (ARR) at the end of 2024, growing about 14% year-over-year, with over 5,000 paying customers and 50,000 teams using dbt weekly.Under pressure from Snowflake and Databricks (building native transformations) and from startups “re-bundling” dbt with better orchestration and scheduling (Dagster, Meltano), dbt is now expanding into cataloging (Collibra), orchestration (Airflow), and observability (Metaplane) to defend their position as the key interface where data engineering teams define their business metrics.

<ul><li>Airbyte was founded in 2020 by Michel Tricot and John Lafleur as an open-source data integration platform.</li><li>Airbyte's strategy of focusing on the long tail of data integrations positions it to capture market share in areas underserved by established players.</li><li>Airbyte has tailwinds from the proliferation of SaaS applications and cloud data warehouses, and has the opportunity to grow and expand into adjacent markets like data integration infrastructure and AI-powered data pipelines.</li></ul>

Airbyte was founded in 2020 by Michel Tricot and John Lafleur as an open-source data integration platform.Airbyte's strategy of focusing on the long tail of data integrations positions it to capture market share in areas underserved by established players.Airbyte has tailwinds from the proliferation of SaaS applications and cloud data warehouses, and has the opportunity to grow and expand into adjacent markets like data integration infrastructure and AI-powered data pipelines.

<ul><li>Census found product-market fit as a reverse ETL (extract, transform, load) platform for data-driven, product-led growth companies.</li><li>Census is a subscription SaaS company that provides a reverse ETL (Extract, Transform, Load) platform, enabling businesses to sync customer data from cloud data warehouses to various SaaS tools.</li><li>The rapid adoption of cloud data warehouses like Snowflake, BigQuery, and Redshift is a key tailwind for Census.</li></ul>

Census found product-market fit as a reverse ETL (extract, transform, load) platform for data-driven, product-led growth companies.Census is a subscription SaaS company that provides a reverse ETL (Extract, Transform, Load) platform, enabling businesses to sync customer data from cloud data warehouses to various SaaS tools.The rapid adoption of cloud data warehouses like Snowflake, BigQuery, and Redshift is a key tailwind for Census.

<ul><li>Sacra estimates that Grafana hit $270M annual recurring revenue (ARR) in June 2024, up 69% year-over-year, monetizing just 1% of its 20M users.</li><li>Grafana is one of the fastest-growing devops companies by revenue, one of the biggest open source projects in the world by contributions and users—and yet it only monetizes 1% of its total user base.</li><li>Grafana&#39;s open source model and &quot;big tent&quot; interoperability have enabled it to efficiently acquire customers and expand their $50B+ observability TAM as data volumes and sources proliferate.</li></ul>

Sacra estimates that Grafana hit $270M annual recurring revenue (ARR) in June 2024, up 69% year-over-year, monetizing just 1% of its 20M users.Grafana is one of the fastest-growing devops companies by revenue, one of the biggest open source projects in the world by contributions and users—and yet it only monetizes 1% of its total user base.Grafana&#39;s open source model and &quot;big tent&quot; interoperability have enabled it to efficiently acquire customers and expand their $50B+ observability TAM as data volumes and sources proliferate.

United States

Data pipeline tool for syncing SaaS and database data into cloud data warehouses

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Fivetran (FIVETRAN US)

Tristan Handy, CEO Of Dbt Labs, On Dbt’s multi-cloud Tailwinds

How did dbt Labs find product-market fit for its commercial product, coming from its open source software origins? What was that journey like and...

Sacra

Dbt Labs Vs Databricks Vs Snowflake

TL;DR: After building the de-facto standard for the T in ETL—transformations—dbt Labs is now under pressure from partners (Snowflake, Databricks)...

Sacra

Primer: Airbyte - 04 Sep 2024

Open-source tool for syncing data from APIs, apps, and databases to warehouses

Sacra

Primer: Census - 04 Sep 2024

Data syncing tool for sending warehouse data to sales, marketing, and support apps

Sacra

Grafana At $270M/year Growing 69%

TL;DR: Sacra estimates that Grafana hit $270M annual recurring revenue (ARR) in June 2024, up 69% year-over-year, monetizing just 1% of its 20M...

Sacra

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)