Loading organizations...
§ Private Profile · San Francisco, CA, USA
Digital product analytics platform that automatically captures user interactions for data-driven product decisions.
Heap has raised $205.0M across 5 funding rounds.
Key people at Heap.
Heap was founded in 2013 by Matin Movassate (Founder/CEO).
Heap has raised $205.0M in total across 5 funding rounds.
Heap is a digital product analytics platform based in San Francisco, California, that automatically captures user interactions without requiring manual event tracking or code implementation. The B2B SaaS platform generates actionable insights from user data, helping teams across their organization make faster, data-driven product decisions by eliminating messy tracking plans and custom ETL pipelines. Heap serves over 6,000 companies across diverse sectors including retail, financial services, travel & hospitality, and healthcare. The company has raised significant capital, including $55M in Series C funding and an additional $110M in December 2021, supporting its 388 employees. Key personnel include Co-founder and Chairman Matin Movassate, CEO Ken Fine, VP of Product Rachel Obstler, and VP of Engineering David Fullerton. Founded in 2013 by Matin Movassate and Ravi, Heap was part of Y Combinator's Winter 2013 batch.
Key people at Heap.
Heap was founded in 2013 by Matin Movassate (Founder/CEO).
Heap has raised $205.0M in total across 5 funding rounds.
Heap's investors include Michael Mcginn, Daffy, Dimension Capital, Great Oaks Venture Capital, Immeasurable, Menlo Ventures, Andrew Schoen, NewView Capital, Susa Ventures, ThirdLove, Uncork Capital, Union Square Ventures.
Heap has raised $205.0M across 5 funding rounds. Most recently, it raised $110.0M Series D in December 2021.
Heap is a digital insights platform that automatically captures user interactions across websites, mobile apps, and cloud platforms without requiring any coding. It enables businesses to analyze complete customer journeys in real time, helping them improve conversion rates, retention, and overall user experience through actionable analytics. Heap serves a broad range of customers from SMBs to large enterprises across various industries, providing tools that highlight friction points and opportunities in the customer journey[1][2][3].
For an investment firm, Heap represents a company focused on product analytics and customer behavior data, operating in the fast-growing digital analytics sector. Its mission centers on enabling businesses to understand their customers deeply and quickly, fostering data-driven decision-making. Heap’s impact on the startup ecosystem includes advancing no-code analytics solutions that democratize access to behavioral insights, accelerating product innovation and customer-centric growth.
Heap was founded in 2013 in San Francisco by Mat Movassate and Ken Fine, who brought backgrounds in software engineering and product development. The idea emerged from the need to simplify and automate the collection of user interaction data without requiring engineering resources to instrument analytics manually. Early traction came from Heap’s unique ability to capture every user event automatically, which quickly positioned it as a leading product analytics platform[1][5].
Over time, Heap expanded its capabilities with advanced data science features and session replay tools, growing its customer base globally and opening offices in New York and London. In 2023, Heap was acquired by Contentsquare, a move that broadened its reach and integrated it into a larger digital experience analytics ecosystem[1][4].
Heap rides the growing trend of no-code and automated analytics platforms that empower companies to become more data-driven without heavy engineering overhead. The timing is critical as digital experiences become more complex and customer expectations rise, requiring real-time, comprehensive insights to stay competitive. Market forces such as the proliferation of digital channels, increased focus on user experience, and demand for faster product iteration favor Heap’s approach.
By simplifying analytics and integrating behavioral data with data science, Heap influences the broader ecosystem by enabling product teams, marketers, and analysts to collaborate more effectively and make informed decisions faster. Its acquisition by Contentsquare signals consolidation in the digital experience analytics space, aiming to provide end-to-end customer journey insights[1][3][4].
Heap is well-positioned to continue growing as businesses increasingly prioritize customer-centric product development and seek tools that reduce reliance on engineering for analytics. Future trends shaping Heap’s journey include deeper AI-driven insights, expanded integrations with other digital platforms, and enhanced real-time personalization capabilities.
As part of Contentsquare, Heap’s influence is likely to expand globally, offering a more comprehensive suite of digital experience analytics. Its no-code, automatic data capture model will remain a key differentiator, helping companies understand their users at scale and speed, ultimately driving better business outcomes.
Heap’s evolution from a startup to a major player in product analytics exemplifies the shift toward accessible, intelligent analytics solutions that empower all teams to unlock the full value of customer data[1][3][4].
