This is the Quild daily, highlighting one early-stage startup that has statistically significant signals of becoming a unicorn.
Hightouch syncs customer data from a data warehouse into tools like CRMs, email tools, and ad networks. They allow users to sync data from any source (data warehouses, spreadsheets) to 70+ tools, using SQL and without having to rely on favors from engineering.
Founders: Tejas, Josh, Kashish
Signals:
Repeat founders
Josh co-founded DevicePlane (funded by Accel), an open-source company to manage remote IoT fleets
Kashish founded Mama’s Cooking, a two-sided marketplace to buy home-cooked meals
Venture-backed experience
Tejas and Josh were engineers at Segment (funded by lots of top tier VCs), which Twilio acquired for $3.2B
Top university alumni
Couldn’t find anything on Tejas but he was a visiting scholar at UC Berkeley
Josh graduated from Michigan State University (BS)
Kashish graduated from University of Pennsylvania (BS, MSE)
Fast team growth
Grew 3.1x YoY to 66 employees
Accelerated financing
Pre-seed in 2019, seed in 2020, series A and B in 2021
Midas list investors
ICONIQ led series B
Amplify Partners led series A
Bain Capital Ventures participated in series B
Till tomorrow, Kenn