About ThoughtSpot
ThoughtSpot is a company based in San Jose (United States) founded in 2012.. ThoughtSpot has raised $643.7 million across 9 funding rounds from investors including Snowflake, Fidelity Investments and Lightspeed Venture Partners. The company has 409 employees as of April 03, 2024. ThoughtSpot has completed 3 acquisitions, including Diyotta, Mode and SeekWell. ThoughtSpot operates in a competitive market with competitors including Looker, Tableau, Devo, Percipient and Periscope Data, among others.
- Headquarter San Jose, United States
- Employees 409 as on 03 Apr, 2024
- Stage Unicorn
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Thoughtspot India Private Limited
- Date of Incorporation 18 May, 2017
- Jurisdiction Begur Hobli Bangalore, Karnataka, India
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Annual Revenue
$16.67 M (USD)25.41as on Mar 31, 2023
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Net Profit
$1.7 M (USD)31.03as on Mar 31, 2023
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EBITDA
$2.39 M (USD)21.2as on Mar 31, 2023
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Total Equity Funding
$643.7 M (USD)
in 9 rounds
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Latest Funding Round
$100 M (USD), Series F
Nov 12, 2021
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Investors
Snowflake
& 14 more
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Employee Count
409
as on Apr 03, 2024
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Investments & Acquisitions
Diyotta
& 2 more
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Software Development Team
50 people
Sales and Marketing
38 people
Leadership Team
37 people
Senior Team
17 people
Product Management Team
10 people
Customer Team
9 people
Solutions Team
7 people
Finance and Accounting
6 people
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Funding Insights of ThoughtSpot
ThoughtSpot has successfully raised a total of $643.7M across 9 strategic funding rounds. The most recent funding activity was a Series F round of $100 million completed in November 2021. 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 9
- Last Round Series F — $100.0M
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First Round
First Round
(05 Feb 2014)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series F - ThoughtSpot | Valuation | March Capital | |
| Mar, 2021 | Amount | Series F - ThoughtSpot | Valuation | Snowflake |
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| Aug, 2019 | Amount | Series E - ThoughtSpot | Valuation | Silver Lake , Lightspeed Venture Partners |
| 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 ThoughtSpot
ThoughtSpot has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Snowflake, Fidelity Investments and Lightspeed Venture Partners. 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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Venture capital firm investing in multiple sectors
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Founded Year | Domain | Location | |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by this venture capital firm.
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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 ThoughtSpot
ThoughtSpot has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Diyotta, Mode and SeekWell. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Data integration and reporting are facilitated through NLP and AI.
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2017 | ||||
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Mode is recognized as a business intelligence platform uniting data and business teams.
|
2013 | ||||
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Big Data Integration Solution
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ThoughtSpot
| 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 |
Thoughtspot Comparisons
Competitors of ThoughtSpot
ThoughtSpot 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 Looker, Tableau, Devo, Percipient and Periscope Data, 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 integration and visualization platforms are provided for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based visual analytics and data visualization software are provided.
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| domain | founded_year | HQ Location |
Visual data analytics platform is offered for enterprise insights.
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| domain | founded_year | HQ Location |
AI-enabled data analytics solutions are delivered for enterprise use cases.
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| domain | founded_year | HQ Location |
AI-based data integration and visualization solutions are offered.
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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 Thoughtspot
Frequently Asked Questions about ThoughtSpot
When was ThoughtSpot founded?
ThoughtSpot was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is ThoughtSpot located?
ThoughtSpot is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Who is the current CEO of ThoughtSpot?
Sudheesh Nair is the current CEO of ThoughtSpot.
Is ThoughtSpot a funded company?
ThoughtSpot is a funded company, having raised a total of $643.7M across 9 funding rounds to date. The company's 1st funding round was a Series E of $248M, raised on Feb 05, 2014.
How many employees does ThoughtSpot have?
As of Apr 03, 2024, the latest employee count at ThoughtSpot is 409.
What is the annual revenue of ThoughtSpot?
Annual revenue of ThoughtSpot is $16.67M as on Mar 31, 2023.
What does ThoughtSpot do?
ThoughtSpot was founded in 2012 in San Jose, United States. An AI-driven platform for text data analytics is offered to enterprises across sectors like retail, banking, and healthcare. Natural language queries are processed to deliver real-time answers and visualizations through charts and graphs. Insights are produced to aid decision-making. A collaborative environment is provided with tools including SQL, R, Python, and visual analysis capabilities.
Who are the top competitors of ThoughtSpot?
How many acquisitions has ThoughtSpot made?
Who are ThoughtSpot's investors?
ThoughtSpot has 15 investors. Key investors include Snowflake, Fidelity Investments, Lightspeed Venture Partners, Khosla Ventures, and March Capital.
What is ThoughtSpot's valuation?
The valuation of ThoughtSpot is $4.2B as of Nov 2021.
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