Heap Raises $110M Series D Round to Fund the Future of Digital Analytics [MarketWatch]
AvidXchange Holdings, Inc. (AVDX)
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Source: MarketWatch
The MarketWatch News Department was not involved in the creation of this content. SAN FRANCISCO, (BUSINESS WIRE) -- Heap, the leading digital insights platform, today announced the close of its $110 million Series D round at a $960 million valuation. The funding will be used to scale Heap's global operations and accelerate research and development of the industry's most advanced digital analytics platform for product builders, growth marketers, and fast-moving analytics teams. Sixth Street Growth led the round which included new investment from the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs). Sixth Street and Goldman will both receive representation on Heap's board of directors. Existing investors NewView Capital, Menlo Ventures, DTCP, Triangle Peak Partners, Alliance Bernstein Private Credit Investors, Maverick Ventures, and The Private Shares Fund also participated. Heap's total capital raised stands at $205 million to date. "McKinsey research n
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