Hevo Data is a no-code data pipeline platform that helps firms collate data from multiple sources into a single dashboard and feed cloud data warehouses such as Snowflake, Google BigQuery and Amazon Redshift. The offering includes more than 100 pre-built integrations across databases, SaaS applications, cloud storage, SDKs and streaming services and is designed to require no technical expertise to set up. The startup, headquartered in San Francisco and Bangalore, says it has amassed over 1,000 customers across more than 40 countries and grew 500% in the past year. Hevo positions itself as enabling bi-directional mobility of data to give businesses real-time visibility across departments for better decision-making. It plans to deploy the fresh funds to develop new products, including an insight platform for analysis and a "Reverse ETL" product to enable customers to use their data beyond analytics. The company is a five-year-old SaaS business led by co-founder and CEO Manish Jethani. Hevo provides a no-code data-pipeline platform that enables non-technical users to extract, organize and load data from over 150 sources, including enterprise software like Salesforce and Oracle. The product offers pre-built connectors and a user dashboard to customize integrations and hide sensitive data, and it emphasizes real-time data integration. Hevo targets multiple sectors, including e-commerce, healthcare and finance, and counts customers such as payments company Marqeta. The company serves clients in 16 markets and says its platform saves engineering hours by democratizing data access for product and business teams. Hevo competes with companies like Fivetran and differentiates by optimizing for non-technical users and prioritizing real-time flows. Hevo Data offers a 'data as a product' unified data pipeline that helps consumer-centric companies bring together data from multiple silos to any destination. The platform is designed to enable data-driven decision making by consolidating disparate data sources. The company plans to use the newly raised funds for product development and business expansion, according to founder and CEO Mahesh Jethani. Hevo raised $4 million in a seed round from Surge and Chiratae Ventures, bringing total capital raised to $5 million after a $1 million 2017 raise from Chiratae. Founded in 2016 and operating out of San Francisco and Bengaluru, Hevo is led by Mahesh Jethani. Jethani previously founded meal-delivery startup Spoonjoy, which was acquired by Grofers. Hevo Data builds a cloud-native data integration platform that automates collecting, organizing, and preparing data from multiple sources for analytics and machine learning. Founders Manish Jethani and Sourabh Agarwal started Hevo after their prior food-delivery startup SpoonJoy was acquired by Grofers; the company has offices in Bangalore and San Francisco. The platform is cloud-neutral (runs on AWS, GCP, and Azure) and also offers an on-premise version for private clouds; Hevo says it can cut data-preparation cycles from weeks to minutes. Typical clients are small to medium-sized companies with engineering teams under 400 people, and customers include India’s Swiggy. Hevo competes with established integration vendors such as Informatica, Pentaho, and Talend and emphasizes a real-time architecture as its differentiator. The company plans to use its seed funding to hire more engineers and expand in the United States.

Total raised

$43M

Funding rounds

4

Latest round

Series B

Latest activity

Dec 2021