Snowflake Ventures

dbt Labs is the company behind dbt (data build tool), an open-source analytics engineering framework that enables data teams to transform data in their warehouses using SQL. Originally founded as Fishtown Analytics, the company signed a definitive agreement to merge with Fivetran in October 2025 in an all-stock deal, creating a combined data infrastructure company approaching $600M in ARR.

Alation is the pioneer of the data catalog category, providing an agentic data intelligence platform that helps enterprises discover, govern, and trust their data assets. The platform uses AI-powered search, automated documentation, and lineage tracking. Over 40% of the Fortune 100 are customers, and the company surpassed $100M in annual recurring revenue in 2022.