Heap Raises $11M Series A

What does Heap do?

Heap, is a iOS and web analytics application which captures and measures every user action in the user’s web app. This is a modern approach to the iOS and web analytics. The company automatically captures every user action in the app and leas the user measure it all. Users can track events segment users instantly. There is no pushing code and no waiting for the date to come in. This analytics infrastructure automated away the annoying parts of user analytics. There is no tracking of manual events, no tracking plans and custom ETL pipeline. All there is to it is just insight, for everybody on the team.

How much Heap was funded?

Heap raised $11M in Series A on August 17, 2016 from Pear, SV Angel, Initialized Capital, New Enterprise Associates and Menlo Ventures.

Previous funding

$2M announced on August 27, 2013 and closed on April 19, 2013 from Pear, Garry Tan, Redpoint, Harjeet Taggar, Sam Altman,  Alexis Ohanian, Pejman Nozad, Joshua Reeves,  Netprice Partners, Y Combinator, SV Angel,  WME, Signatures Capital, Ram Shriram and Salesforce Ventures

What is next for Heap?

The company has raised a total of $13M in two funding rounds to date. The company plans to use the latest funding raised for continuing to grow its team and executing its product roadmap.

More about Heap

Heap was founded in 2013 by Ravi Parikh and Matin Movassate. It has its headquarters in San Francisco, CA. It is an analytics platform which serves as the single source of truth for online businesses. The company is building a new approach to analytics which aims at automation as much as possible. The company captures all applications and web user interactions upfront, removing the need for manual tracking of events. With the elimination of annoying parts of analytics, people can focus on making smarter business decisions.