24 February, 2022

Announcing our Series B: The next phase of our journey transforming how strategic deals are done

Announcements, Enterprise Sales, Executive Insights

Anand Shah and Alex Barrett

Databook announces $50M series B

This week marks an exciting milestone in Databook’s history as we announce the raise of our Series B and prepare to double down on hiring to support our rapid growth. Since our note celebrating our Series A a short 9 months ago, our valuation has increased 5.5x and we’ve doubled our team size fleshing out a world-class leadership team with technology veterans from leading enterprises who define global business success including Google, Treasure Data, Accenture, Salesforce, and Oracle. 

As we look toward the future, it’s absolutely critical that we continue this trajectory and deliver expert-level quality in terms of the insight, enterprise-grade security and application usability to our clients. That’s why we plan to hire 100 people and double our team-size yet again this year to support ongoing innovation, expansion into new verticals and geographies and meet the demands of the biggest, most demanding B2B organizations in the world, including Microsoft, Salesforce and Databricks. 

One of the recent stats I’m most proud of is that 38% of our company is now from traditionally underrepresented communities in technology. Not only are we growing at warp-speed and providing some of the world’s largest businesses sizable value – but we are doing so in a way that is supportive and inclusive. We are building a culture that is committed not only to the business and customer’s success but to the success of our teammates as well. And our team is growing with us; nearly 1/5th of our employee base earned a promotion in the last year. Every member of our team is a leader, and this culture is exactly what our hyper-growth demands and leads to a firehose of learning for all of us. 

We couldn’t have gotten here without all of the customers, employees and investors who have had faith in our value proposition. We are proud to be pioneering a new way of selling, providing value and improving buying experiences worldwide.

Lastly, we are excited to welcome our new partners Bessemer Venture Partners and DFJ Growth, two of the most formidable cloud SaaS investors in the world, to this journey with us as Elliott Robinson, Partner at Bessemer Venture Partners, joins Databook Board of Directors and Sam Fort, Partner at DFJ Growth, joins as a Board Observer. 

Stay tuned for more big news on the horizon and check out our open positions!

Anand & Alex

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