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Fivetran sells automated, fully managed connectors that centralize data from hundreds of SaaS applications, databases and files into cloud destinations to power analytics, ML and AI. Its customers include OpenAI, LVMH, Pfizer, Verizon and Spotify. Its last priced round valued it at $5.6B in September 2021, and total funding is reported at about $730–853M, depending on the source. Fivetran completed an all-stock merger with dbt Labs on June 1, 2026. The two companies had combined ARR of nearly $600M when the deal was announced in October 2025. George Fraser is CEO of the combined company.