Hightouch
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|
Revenues | <1m | <1m | 3.3m | 40.5m |
% growth | - | 83 % | 300 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | - | |
$2.1m | Seed | ||
$12.1m | Series A | ||
* | $40.0m Valuation: $450m | Series B | |
* | $38.0m Valuation: $615m | Late VC | |
Total Funding | $92.2m |
Related Content
Recent News about Hightouch
EditHightouch is a cutting-edge startup that specializes in syncing live customer data into various tools that businesses rely on. Essentially, Hightouch helps companies ensure that their customer data is up-to-date and accessible across different platforms, which is crucial for making informed decisions and optimizing operations.
The company serves a diverse range of clients, including healthcare providers like ThirtyMadison, Chapter Health, and Headway, as well as eCommerce businesses and B2B SaaS (Business-to-Business Software as a Service) companies. These clients benefit from Hightouch's ability to securely handle sensitive information, such as Personal Identifiable Information (PII), in compliance with regulations like HIPAA (Health Insurance Portability and Accountability Act).
Hightouch operates in the data integration and analytics market, focusing on a niche known as Reverse ETL (Extract, Transform, Load). Unlike traditional ETL, which moves data into a data warehouse, Reverse ETL moves data out of the warehouse and into various SaaS (Software as a Service) applications. This allows businesses to activate their data, meaning they can use it in real-time to personalize marketing campaigns, improve customer success, and enhance sales efforts.
The business model of Hightouch is subscription-based. Clients pay a recurring fee to use the platform, which offers various features like data syncing, security controls, and observability (monitoring and troubleshooting). The company also provides extensions to integrate with other best-in-class tools, making it a versatile solution for data teams.
Hightouch makes money by charging these subscription fees, which can vary based on the level of service and the number of integrations a client needs. This model ensures a steady stream of revenue and allows the company to scale as its client base grows.
In summary, Hightouch is a powerful tool for businesses looking to keep their customer data synchronized across multiple platforms, thereby enhancing their operational efficiency and decision-making capabilities.
Keywords: Data Sync, Reverse ETL, Customer Data, SaaS Integration, HIPAA Compliance, Marketing Personalization, Sales Optimization, Customer Success, Data Security, Subscription Model.