Hevo Data

Cover Block

Name	Hevo Data
Tagline	A no-code/low-code data pipeline platform for real-time data replication and transformation.
Headquarters	San Francisco, United States
Founded	2017
Stage	Series B
Business Model	SaaS
Industry	Other
Technology	Software (Non-AI)
Geography	Global / Remote-First
Growth Profile	Venture Scale
Founding Team	Co-Founders (2)
Funding Label	Series B (total disclosed ~$43,000,000)

Links

• Website: https://hevodata.com
• LinkedIn: https://www.linkedin.com/company/hevodata

The Short Version

Hevo Data is a no-code data pipeline platform that automates the movement of information from business applications into cloud data warehouses [TechCrunch, December 2021]. The company's focus on real-time replication and a library of over 150 pre-built connectors addresses a persistent bottleneck in data infrastructure [Perplexity Sonar Pro Brief, retrieved 2026]. Founded in 2017 by Manish Jethani and Sourabh Agarwal, the company emerged from the founders' shared experience at Grofers, following the acquisition of their previous food-delivery startup, SpoonJoy [TechCrunch, July 2020].

Hevo's core differentiation rests on its low-code approach, designed to empower business analysts and operations teams to manage data flows directly. The company has secured $43 million in total funding, led by Sequoia Capital India and Qualgro, which has supported its growth to an estimated $44.4 million in annual revenue and a headcount in the high 200s [TechCrunch, December 2021] [growjo.com, retrieved 2026]. Over the next 12-18 months, the key indicators to monitor will be the company's ability to convert its strong cloud platform partnerships, including official status with Snowflake and Google BigQuery, into named enterprise customer logos and to demonstrate consistent growth beyond its current mid-market stronghold.

Data Accuracy: GREEN -- Core facts confirmed by multiple independent sources including TechCrunch and company materials.

The Company in Brief

Hevo Data was founded in 2017 by Manish Jethani and Sourabh Agarwal, two repeat entrepreneurs who had previously co-founded and sold a food-delivery startup, SpoonJoy, to Grofers (now Blinkit) in 2015 [TechCrunch, July 2020]. The company is headquartered in San Francisco and operates as a remote-first, global SaaS business [LinkedIn].

Its initial seed funding of $1 million came from Chiratae Ventures in late 2017, followed by participation in Sequoia Capital India's Surge accelerator program [Dealroom]. A subsequent $4 million seed round in 2019, led by Sequoia Capital India, provided the capital to formally launch the platform [siliconindia, July 2020]. The company's Series A in July 2020 and Series B in December 2021, totaling $38 million, were led by Qualgro and Sequoia Capital India, respectively, bringing total disclosed funding to $43 million [TechCrunch, December 2021].

Key operational milestones include the public launch of its no-code data pipeline platform and the establishment of significant cloud partnerships. Hevo is a listed member of Snowflake Partner Connect and holds a Google Cloud Ready designation for BigQuery [newswire.ca, May 2024] [docs.cloud.google.com].

Data Accuracy: GREEN -- Founding story, funding rounds, and headquarters confirmed by multiple independent sources including TechCrunch, Crunchbase, and company partnerships.

What They Have Built

Hevo Data's platform is built to automate the movement and transformation of data from operational sources into analytical warehouses. The core offering is a no-code or low-code data pipeline service that replicates data from over 150 pre-built connectors, covering sources like Salesforce and Oracle, into major cloud data warehouses including Snowflake, Google BigQuery, and Amazon Redshift [Perplexity Sonar Pro Brief, retrieved 2026]. The company emphasizes near-real-time data synchronization and automated monitoring to reduce the manual toil associated with pipeline maintenance [Perplexity Sonar Pro Brief, retrieved 2026].

The platform's architecture supports both ETL (extract, transform, load) and ELT (extract, load, transform) workflows, and it has recently expanded its positioning to include reverse ETL, moving data from a central warehouse back into operational systems [crozdesk.com, retrieved 2026]. Publicly disclosed technical validations include its status as a Snowflake Partner Connect member [newswire.ca, May 2024], and a Google Cloud Ready - BigQuery designation [docs.cloud.google.com, retrieved 2026].

Data Accuracy: GREEN -- Core product claims are consistently reported across multiple independent sources and corroborated by official partnership announcements.

Market Size and Demand

Hevo Data operates within the data integration platform market, a segment that has become increasingly critical as companies grapple with data sprawl across SaaS applications and databases. The primary driver is the shift toward cloud data warehousing and the subsequent need to feed these centralized repositories with clean, real-time data from disparate sources [Perplexity Sonar Pro Brief].

Metric	Value
Market Size 2025	17.58 $B
Projected Size 2030	33.24 $B
CAGR (2025-2030)	13.6 %

Data Accuracy: GREEN -- Market sizing from a cited third-party report; demand drivers corroborated by multiple industry analyses.

Who Else Is Fighting for This

Hevo Data operates in a crowded segment of the data infrastructure stack, where its no-code/low-code positioning is a direct challenge to both established incumbents and well-funded open-source alternatives.

Company	Positioning	Stage / Funding	Notable Differentiator
Hevo Data	No-code/low-code data pipeline platform for real-time ETL/ELT.	Series B, $43M total disclosed.	Focus on near-real-time replication and automated monitoring for business users.
Fivetran	Fully managed, automated data pipeline service.	Late-stage private; raised $730M+.	Large-scale enterprise focus, extensive connector library.
Stitch	Simple, extensible ETL service for developers.	Acquired by Talend (2018).	Historically developer-centric, lower-cost entry point.
Airbyte	Open-source data integration platform.	Series C, raised $260M+.	Open-source model, large community-driven connector catalog.
Matillion	Cloud-native ETL/ELT platform for data warehouses.	Late-stage private; raised $310M+.	Deep integration and optimization for specific cloud data platforms.
Estuary	Real-time ETL platform with a focus on low-latency streaming.	Early-stage, raised $6.8M.	Emphasis on millisecond-latency change data capture (CDC).

Data Accuracy: GREEN -- Competitor stages and funding sourced from Crunchbase; Hevo's positioning and partnerships confirmed by TechCrunch and partner announcements.

Opportunity

The prize for Hevo Data is a position as the default no-code data integration layer for the mid-market, a role that could translate into a multi-billion dollar enterprise value if the company can successfully expand its footprint within a rapidly growing $33 billion market [integrate.io, retrieved 2026].

Data Accuracy: YELLOW -- Growth scenarios are extrapolated from product positioning and market data; specific catalysts are not yet publicly confirmed.

Sources

1. [TechCrunch, December 2021] No-code data pipeline platform Hevo raises $30 million | https://techcrunch.com/2021/12/17/no-code-data-pipeline-platform-hevo-raises-30-million/
2. [siliconindia, July 2020] Hevo Data bags $8 Mn in Series A funding round | https://www.siliconindia.com/startup/startup-funding/hevo-data-bags-8-mn-in-series-a-funding-round-nwid-24610.html
3. [LinkedIn, retrieved 2026] Hevo Data - LinkedIn | https://www.linkedin.com/company/hevodata
4. [Crunchbase, retrieved 2026] Hevo Data - Crunchbase Company Profile & Funding | https://www.crunchbase.com/organization/hevodata
5. [Dealroom] Hevo Data funding rounds | https://app.dealroom.co/companies/hevo_data
6. [newswire.ca, May 2024] Hevo Data Included on Snowflake Partner Connect | https://www.newswire.ca/news-releases/hevo-data-included-on-snowflake-partner-connect-802354231.html
7. [docs.cloud.google.com, retrieved 2026] Google Cloud Ready - BigQuery Partners | https://cloud.google.com/bigquery/docs/cloud-ready-partners
8. [crozdesk.com, retrieved 2026] Hevo Data Reviews & Product Details | https://crozdesk.com/data-integration/hevo-data
9. [TechCrunch, July 2020] Hevo draws in $8 million Series A for its no-code data pipeline service | https://techcrunch.com/2020/07/28/hevo-draws-in-8-million-series-a-for-its-no-code-data-pipeline-service
10. [growjo.com, retrieved 2026] Hevo Data Revenue & Growth | https://growjo.com/company/Hevo_Data
11. [integrate.io, retrieved 2026] Data Integration Market Size, Share & Trends | https://www.integrate.io/blog/data-integration-market-size-share-trends/