In October of the same year, Zapier received a $1.3 million seed funding round led by global venture investment firm Bessemer Venture Partners, its only venture capital funding to date.[10] Zapier reached profitability in 2014.[11][12] Sequoia Capital and Steadfast Financial bought shares from some of the company's original investors in January 2021, raising Zapier's valuation to $5 billion.[10][13] It is one of the highest valued companies to come out of the Y Combinator program,[14] and brought in $140 million in annually recurring revenue as of January 2021.[10]