Topic
Fivetran + dbt merger impact
Announced October 2025, closed 1 June 2026. The combined entity controls the most-used SaaS load tool, the most-used SQL transform framework, and (via the 2025 Census acquisition) a reverse-ETL line bundled into Activations. Team-tier dbt Cloud pricing held at $100/seat/month post-close; Enterprise rebundling is already in progress.source - pulled 2026-06-21
What changed at close
- › dbt Cloud Team price held at $100/seat/month.
- › Activations bundles former Census reverse-ETL into the Fivetran platform.
- › Enterprise SKUs are being re-bundled; combined-product pricing is on the table.
- › Roadmap targets deeper lineage across loads and transforms.
What buyers should do
- › Existing Fivetran + dbt Cloud customers: ask for combined-SKU pricing at next renewal.
- › Existing Census customers: evaluate Activations vs Hightouch before re-signing.
- › New buyers: the single-vendor consolidation has real cost upside but introduces vendor-concentration risk.
- › Independence-minded teams: Airbyte + dbt Core remains the OSS-pedigree alternative.
Related
Written by Oliver Wakefield-Smith, Founder of Digital Signet. Independent reference, no vendor sponsorship.
Sources logged at /sources. Pricing-change history at /changelog. Last reviewed 2026-06-21.