About Domo
Domo is a company based in American Fork (United States) founded in 2010. It operates as a SaaS (Software-as-a-Service), and AI-as-a-Service. Domo has raised $729.81 million across 11 funding rounds from investors including Fidelity Investments, Morgan Stanley and Credit Suisse. The company has 888 employees as of January 31, 2024. Domo offers products and services including Domo AI, Data Integration, and Business Intelligence. Domo operates in a competitive market with competitors including Alteryx, Fractal Analytics, QlikTech, Imply and SAS, among others.
- Headquarter American Fork, United States
- Employees 888 as on 31 Jan, 2024
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Domo, Inc.
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Annual Revenue
$317.04 M-0.61as on Jan 31, 2024
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Net Profit
$-81.94 M-8.42as on Jan 31, 2024
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EBITDA
$-32.52 M-6.67as on Jan 31, 2024
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Total Equity Funding
$729.81 M (USD)
in 11 rounds
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Latest Funding Round
$3.6 M (USD), Series D
Dec 05, 2017
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Investors
Fidelity Investments
& 25 more
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Employee Count
888
as on Jan 31, 2024
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IPO & Listings of Domo
Domo is a publicly listed company on the NASDAQ with ticker symbol DOMO in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Domo
Domo offers a comprehensive portfolio of products and services, including Domo AI, Data Integration, and Business Intelligence. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI solutions are provided for data-driven insights and automation.
Data is connected and prepared from various sources efficiently.
Insights are visualized and shared instantly across teams effectively.
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Software Development Team
110 people
Leadership Team
90 people
Sales and Marketing
72 people
Product Management Team
38 people
Senior Team
24 people
Sr. Team
12 people
Creative and Marketing Team
12 people
Operations Team
10 people
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Funding Insights of Domo
Domo has successfully raised a total of $729.81M across 11 strategic funding rounds. The most recent funding activity was a Series D round of $3.6 million completed in December 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series D — $3.6M
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First Round
First Round
(15 Nov 2010)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2017 | Amount | Series D - Domo | Valuation |
investors |
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| Oct, 2017 | Amount | Series D - Domo | Valuation |
investors |
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| Apr, 2017 | Amount | Series D - Domo | Valuation | BlackRock |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Domo
Domo has secured backing from 26 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Fidelity Investments, Morgan Stanley and Credit Suisse. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are directed toward early and late-stage tech companies.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location | |
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Venture capital firm specializing in early-stage tech investments and founder support.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Domo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Domo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Domo Comparisons
Competitors of Domo
Domo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Alteryx, Fractal Analytics, QlikTech, Imply and SAS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based data analytics solutions are delivered for insight generation.
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| domain | founded_year | HQ Location |
Artificial intelligence and analytics solutions are provided for enterprise transformation.
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| domain | founded_year | HQ Location |
Business intelligence solutions are delivered via a cloud platform.
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| domain | founded_year | HQ Location |
An open source platform for exploratory analytics is provided.
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| domain | founded_year | HQ Location |
Data analytics and search technology are supplied for law enforcement.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Domo
Frequently Asked Questions about Domo
When was Domo founded?
Domo was founded in 2010.
Where is Domo located?
Domo is headquartered in American Fork, United States. It is registered at American Fork, Utah, United States.
Is Domo a funded company?
Domo is a funded company, having raised a total of $729.81M across 11 funding rounds to date. The company's 1st funding round was a Series D of $100.5M, raised on Nov 15, 2010.
How many employees does Domo have?
As of Jan 31, 2024, the latest employee count at Domo is 888.
What is the annual revenue of Domo?
Annual revenue of Domo is $317.04M as on Jan 31, 2024.
What does Domo do?
Domo is established as a comprehensive platform for AI and data products, focusing on data integration, business intelligence, and intelligent automation. Solutions are provided across various industries including education, financial services, healthcare, and retail. Data is connected and prepared from multiple sources, insights are visualized through dashboards, and AI-driven tools are offered to automate workflows and enhance decision-making. The platform is designed to empower organizations with secure, scalable data products for business-critical insights.
Who are the top competitors of Domo?
Domo's top competitors include Fractal Analytics, Alteryx and QlikTech.
What products or services does Domo offer?
Domo offers Domo AI, Data Integration, and Business Intelligence.
Is Domo publicly traded?
Yes, Domo is publicly traded on NASDAQ under the ticker symbol DOMO.
Who are Domo's investors?
Domo has 26 investors. Key investors include Fidelity Investments, Morgan Stanley, Credit Suisse, BlackRock, and TPG.
What is Domo's ticker symbol?
The ticker symbol of Domo is DOMO on NASDAQ.
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