dbt Labs stock & equity tools

Pre-IPO · Data

dbt Labs is pre-IPO. Plan your AMT and NSO exercise tax at any valuation: current 409A FMV, expected IPO price, or post-IPO scenarios.

Beta · invite-only · AlphaLatitude Inc. · Free Tools

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About dbt Labs

dbt Labs is a privately held Data company, incorporated in Delaware and headquartered in Philadelphia, PA.

Last reported secondary-market price: $23.26 per share (as of 2026-06-06). Your own 409A may differ.

Data transformation.

Equity grants at dbt Labs typically include incentive stock options (ISOs) and non-qualified stock options (NSOs).

Tristan Handy, Drew Banin, and Connor McArthur founded dbt Labs in 2016, initially as a data consultancy. They open-sourced dbt (data build tool), software that lets data analysts write SQL-based transformation logic, version it like application code, and run it against a cloud data warehouse. The tool became the de facto standard for analytics engineering. dbt Labs raised $222 million at a $4.2 billion valuation in 2023 and reached $100 million in ARR by 2024. In October 2025 dbt Labs and Fivetran announced an all-stock merger, forming a combined data infrastructure business approaching $600 million in annual revenue.

Sources: getdbt.com

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