ThoughtSpot
Enterprise Software
Founded: 2012
Last Round Valuation: $4.21B
ThoughtSpot, established in 2012, develops software that enables individuals to utilize plain language to generate fresh insights based on data or access insights generated by others throughout their entire organization. ThoughtSpot's platform, which requires minimal coding, empowers customers to integrate user-friendly analytics into their SaaS solutions or develop innovative interactive data applications that captivate users.
ThoughtSpot Overview:
ThoughtSpot is a company that was founded in 2012 with the aim of revolutionizing the way people interact with data and gain valuable insights. They have developed software solutions that empower individuals within organizations to use simple, natural language queries to create new data-driven insights or access insights generated by others.
The core offering of ThoughtSpot is a low-code development platform that enables customers to embed consumer-grade analytics into their Software-as-a-Service (SaaS) offerings. This allows organizations to provide their users with intuitive and interactive data analysis capabilities, enhancing the overall user experience.
ThoughtSpot's software is designed to democratize data analytics, making it accessible to a wide range of users, regardless of their technical expertise. By using plain language queries, users can easily explore and uncover insights from vast amounts of data, eliminating the need for complex coding or specialized data analysis skills.
In addition to their low-code development platform, ThoughtSpot also provides the capability to build entirely new interactive data applications. These applications engage users through interactive visualizations and intuitive interfaces, enabling them to gain valuable insights and make informed decisions based on data.
ThoughtSpot's software has found applications across various industries, including finance, healthcare, retail, and manufacturing. By providing users with powerful tools to explore and understand their data, ThoughtSpot empowers organizations to drive data-driven decision-making and unlock the full potential of their data assets.
Overall, ThoughtSpot's innovative approach to data analytics and their commitment to empowering users with user-friendly and accessible software have positioned them as a leading player in the data analytics market.
Founders:
Abhishek Rai
Sanjay Agrawal
Amit Prakash
Vijay Ganesan
Top Investors:
Lightspeed Venture Partners
General Catalyst Partners
Khosla Ventures
Silver Lake Management
March Capital
Geodesic Capital
Snowflake Ventures
Capital One Growth Ventures
Funding History:
| Date | Share Type | Amount Raised | Raised to Date | Issue Price | Post Money Valuation | Key Investors |
|---|---|---|---|---|---|---|
| Nov 2021 | Series F | $100MM | $678.25MM | $25.83 | $4.21B | March Capital, Lightspeed Venture Partners, Snowflake Ventures |
| Mar 2021 | Series E-1 | $20MM | $578.25MM | $15.60 | $2.32B | Undisclosed Investors |
| Aug 2019 | Series E | $248.83MM | $558.25MM | $13.83 | $1.95B | Lightspeed Venture Partners, Silver Lake Management, Geodesic Capital |
| Apr 2018 | Series D | $145.32MM | $309.42MM | $9.69 | $1.06B | Lightspeed Venture Partners, Khosla Ventures, General Catalyst Partners |
| Mar 2017 | Series C-1 | $60MM | $164.1MM | $5.76 | $430MM | Lightspeed Ventures Capital, Capital One Growth Ventures |
| Oct 2016 | Series C | $63.79MM | $104.1MM | $4.94 | $315.47MM | General Catalyst Partners, Geodesic Capital, Lightspeed Venture Partners |
| Jun 2014 | Series B | $30.15MM | $40.31MM | $3.13 | $150.57MM | Khosla Ventures, Lightspeed Venture Partners |
| Jun 2012 | Series A | $10.15MM | $10.15MM | $0.88 | $33.68MM | Lightspeed Venture Partners |
| Jun 2012 | Series FF | $18.00 | $18.00 | $0.00 | $301.00 | Undisclosed Investors |
In the News:
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