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dbt Labs vs Shein — IPO & Funding Comparison

Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.

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Some data on this page may be outdated. We're verifying.
Data for dbt Labs last verified: Jul 30, 2026. Shein: verified Aug 5, 2026.
Metric dbt Labs Shein
Valuation$4.2B$30-50B
Total Funding$416.4M$5.2B
IPO StatusPre-IPOPre-IPO
SectorEnterprise SoftwareE-Commerce
StageLate Stage VenturePre-IPO
HeadquartersPhiladelphia, PASingapore
CEOTristan HandyChris Xu
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dbt Labs

dbt Labs is the data transformation platform enabling analytics engineers to build, test, and document data models directly in the data warehouse — the de facto standard for enterprise data teams with 10K+ paying customers. Valued at $4.2B with $414M raised, dbt is used by 70%+ of Fortune 500 companies and has become the most critical data transformation layer in the modern data stack. Major data infrastructure IPO candidate as enterprise data warehousing and analytics investment continues to grow.

IndustryEnterprise Software
StageLate Stage Venture
IPO StatusPre-IPO
Valuation$4.2B
Total Funding$416.4M
HeadquartersPhiladelphia, PA

Shein

Shein is the world's largest fast fashion company, valued at $66B with $5.2B raised. Track IPO readiness score, funding history, and public market timeline.

IndustryE-Commerce
StagePre-IPO
IPO StatusPre-IPO
Valuation$30-50B
Total Funding$5.2B
HeadquartersSingapore

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Frequently Asked Questions

What is the dbt Labs vs Shein valuation in 2026? +

dbt Labs is valued at $4.2B. Shein is valued at $30-50B. Both figures are based on the most recent funding rounds tracked by TechStackIPO.

Which is more likely to IPO first — dbt Labs or Shein? +

dbt Labs is currently pre-IPO. Shein filed an S-1 in June 2024 and is actively in the IPO pipeline. Track both companies on TechStackIPO for S-1 filings, roadshow announcements, and IPO date updates.

How much has each company raised in total funding? +

dbt Labs has raised $416.4M. Shein has raised $5.2B.

Are dbt Labs and Shein in the same sector? +

dbt Labs operates in Enterprise Software, while Shein operates in E-Commerce.

What are the key differences between dbt Labs and Shein as investments? +

dbt Labs is a Enterprise Software company valued at $4.2B with $416.4M raised. Shein is a E-Commerce company valued at $30-50B with $5.2B raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor access options.

How can I invest in dbt Labs or Shein before their IPO? +

Accredited investors can access pre-IPO shares in dbt Labs and Shein through secondary market platforms, pre-IPO funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace section tracks available access options for both companies. Pre-IPO investments carry higher risk and limited liquidity.

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