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thoughtspot.com

Founded Year

2012

Stage

Series F | Alive

Total Raised

$673.7M

Valuation

$0000 

Last Raised

$100M | 8 mos ago

Revenue

$0000 

Mosaic Score

+40 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About ThoughtSpot

ThoughtSpot Data Search Appliance is a plug-and-play solution that provides a search-based user experience for business data access and analysis. ThoughtSpot is disrupting the BI industry with search-driven analytics for the enterprise. ThoughtSpot's Relational Search technology lets business people analyze company data in seconds and helps BI & Analytics teams cut their reporting backlogs by over 90%.

ThoughtSpot Headquarter Location

1900 Camden Ave Suite 101

San Jose, California, 95124,

United States

800-508-7008

ESPs containing ThoughtSpot

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Fintech / Insurtech

Business intelligence & analytics systems provide dashboards and other visualization tools that can let underwriters better analyze the data involved in their underwriting submissions. This market consists of companies with customizable visualization tools that can be utilized by any industry, as well as those with underwriting-specific capabilities.

ThoughtSpot named as Leader among 12 other companies, including Qlik, SAS, and Looker.

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Research containing ThoughtSpot

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned ThoughtSpot in 3 CB Insights research briefs, most recently on Jul 7, 2021.

Expert Collections containing ThoughtSpot

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

ThoughtSpot is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,170 items

T

Tech IPO Pipeline

568 items

ThoughtSpot Patents

ThoughtSpot has filed 32 patents.

The 3 most popular patent topics include:

  • Data management
  • Database management systems
  • Relational database management systems
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/30/2020

6/28/2022

Microcontrollers, Data management, Computer memory, Diagrams, Parallel computing

Grant

Application Date

3/30/2020

Grant Date

6/28/2022

Title

Related Topics

Microcontrollers, Data management, Computer memory, Diagrams, Parallel computing

Status

Grant

Latest ThoughtSpot News

New Research Finds Companies That Embed Analytics With a Differentiated User Experience Increase Engagement and Revenue

Jun 28, 2022

Over 60% of product professionals building products and applications with embedded analytics have experienced increased engagement, 57% increased revenue Download June 28, 2022 09:00 AM Eastern Daylight Time SUNNYVALE, Calif.--( BUSINESS WIRE )--A new Product Led Alliances report in partnership with ThoughtSpot , the Modern Analytics Cloud company, reveals that companies that are embedding analytics with user expectations and desired experience in mind are realizing new opportunities to improve customer satisfaction and usage, increase ROI, innovate, disrupt, and drive meaningful change in their business. The most successful companies are building software, applications, and services that not only leverage data, but provide insights into that data as a part of their offering. As in-app data exploration becomes the new standard in the user experience (UX) of both B2B and B2C apps, users expect these applications to offer analytics to help them get value out of their data to quantify and better understand their world. While the idea of embedding analytics is not new, the value of the data they expose to end users continues to grow. Coupled with this are new analytics paradigms, where any user can explore this data on their own to find meaningful, relevant insights. Companies know that they have valuable data to leverage. Just over half (55%) of product builders who responded to this survey revealed they already offer embedded analytics in their products, yet only 57% of those who are doing this have seen a direct impact on increased revenue. Despite the value of embedding analytics, it remains costly and difficult. Nearly half (47%) of respondents cite budget constraints as one of the biggest challenges stopping organizations from building an embedded analytics solution, while 39% are concerned with slow time to market. And then once it’s launched there is the challenge of maintaining the offering by keeping up with feature requests (39%). Even if companies manage to build these systems, the research shows these projects do not attract and retain users, as the analytics either fail to provide meaningful insights relevant to the user, or are too complicated to use. Companies can't simply embed analytics. They need to rethink the kind of UX these embedded analytics provide. The data shows more than half (53%) of respondents know analytics UX is more important than ever. At the same token, they know it needs to change. Nearly 80% cited the need for better customization tied to specific business needs, while more than half noted the need to empower users to intuitively find their own answers. The UX can't stop within an application or product however. Nearly two thirds of product builders surveyed called out the need to connect insights from applications into other workflows, such as segmenting audiences and pushing those into other marketing apps, to seamlessly operationalize intelligence. However, less than a third are actually doing this today. Today’s modern data stack holds the answer to unlocking the potential of data and analytics in building stickier products and applications, if product builders prioritize the right pieces of the stack. 65% of surveyed product professionals ranked analytics as the most critical component of the modern data stack, and nearly three quarters of them, 73%, plan to heavily invest in analytics tools. “In designing Cortex, I wanted to create a revenue intelligence solution to give business leaders real-time insights that would enable agile decision-making based on their specific needs. I knew right off the bat that we needed to collect our customer data and integrate it into our system as quickly as possible, and wanted the ability to rapidly provide an intuitive and personalized way to interact with that information. To best serve our clients, we needed to partner with a business already established in analytics UX,” said Chris Mann, VP Product Strategy, Ledger Bennett. “ThoughtSpot Everywhere was an obvious choice to augment the Cortex tech stack. Instead of wasting time and money to build the components to visualize complex business intelligence data, we got up and running quickly with a partner already on the cutting-edge of these capabilities.” “This research makes it clear, the rules for building great products have changed, and the right data and analytics UX is critical to building sticky, differentiated applications. Software has eaten the world, and now, too, is data. Companies that aren’t thinking about ways to make this data available to their end-users are going to leave customers and dollars on the table,” said Sumeet Arora, Chief Development Officer at ThoughtSpot. Get a complimentary version of the report here . About ThoughtSpot ThoughtSpot is the Modern Analytics Cloud company. Our mission is to create a more fact-driven world with the easiest to use analytics platform. With ThoughtSpot, anyone can leverage natural language search and AI to find data insights and tap into the most cutting edge innovations the cloud data ecosystem has to offer. Companies can put the power of their modern data stack in the hands of every employee, extend the value of their data to partners and customers, and automate entire business processes. ThoughtSpot enables everyone within an organization to limitlessly engage with live data regardless of their cloud data platform, making it easy to achieve granular, actionable insights through Live Analytics. Customers can take advantage of ThoughtSpot’s web and mobile applications to improve decision making for every employee. With ThoughtSpot’s developer-friendly platform, ThoughtSpot Everywhere, customers can also bring the Modern Analytics Cloud to their products and services, engaging users and keep them coming back for more. Organizations like BT, T-Mobile, Snowflake, HubSpot, Exxon, Daimler, Medtronic, Hulu, Royal Bank of Canada, Nasdaq, OpenTable, Workato, and Nationwide Building Society rely on ThoughtSpot to transform how their employees and customers take advantage of data. See for yourself and try ThoughtSpot today. Contacts

ThoughtSpot Web Traffic

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ThoughtSpot Rank

  • When was ThoughtSpot founded?

    ThoughtSpot was founded in 2012.

  • Where is ThoughtSpot's headquarters?

    ThoughtSpot's headquarters is located at 1900 Camden Ave, San Jose.

  • What is ThoughtSpot's latest funding round?

    ThoughtSpot's latest funding round is Series F.

  • How much did ThoughtSpot raise?

    ThoughtSpot raised a total of $673.7M.

  • Who are the investors of ThoughtSpot?

    Investors of ThoughtSpot include Lightspeed Venture Partners, Khosla Ventures, General Catalyst, Sapphire Ventures, Capital One Ventures and 17 more.

  • Who are ThoughtSpot's competitors?

    Competitors of ThoughtSpot include Outlier, Promethium, Yellowfin, WhizAI, MagicBI, Hyper Anna, Sisu, GoodData, MicroStrategy, Hypersonix and 23 more.

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