Last updated
ThoughtSpot, Inc.
Scaligent Inc. [1]
Industry Analytics, Business intelligence
Founded2012;8 years ago (2012) in Palo Alto, California, United States
FoundersAjeet Singh, Shashank Gupta, Vijay Ganesan, Sanjay Agrawal, Abhishek Rai, Priyendra Deshwal, Amit Prakash [2]
Key people
  • Sudheesh Nair CEO
  • Amit Prakash CTO
  • Ajeet Singh co-founder and chairman

ThoughtSpot, Inc. is a technology company that produces business-intelligence analytics search software. The company is based in Sunnyvale, California with additional offices in London, [3] Bangalore, India, Seattle and Tokyo. [4]


ThoughtSpot was founded in 2012, and as of May 2019, had raised over $550 million in funding [5] and putting the company into unicorn territory with a valuation close to $2 billion. [6] ThoughtSpot's clients include the companies Walmart, Apple, BT, Bed Bath & Beyond and Hightail. [7] [8]


ThoughtSpot was founded in 2012 by a team of engineers who previously worked for Google, Oracle, Microsoft, Yahoo, and other Silicon Valley companies. The CEO and Co-founder, Ajeet Singh, previously co-founded the company Nutanix. [9] In late 2012, ThoughtSpot raised $10.7 million in Series A funding led by Lightspeed Venture Partners. [10] In 2014, the company raised $30 million in Series B funding led by Khosla Ventures. [2]

In January 2016, the company opened an office in London in an effort to expand to the European market. [3] In February 2016, ThoughtSpot announced that it had increased its revenue by 810 percent over the previous year. [1] In May 2016, ThoughtSpot raised $50 million in Series C funding led by General Catalyst Partners. [8] [11] In October 2016, the company expanded its series C funding with an investment from Hewlett Packard Pathfinder. As part of the investment, ThoughtSpot will enter the Pathfinder program and begin selling its software on Hewlett-Packard Enterprise infrastructure. [12] [13]

In May 2018, the company raised $145 million in Series D funding from Sapphire Ventures, Lightspeed Ventures, Khosla Ventures, General Catalyst and others to expand its AI based analytics platform. The company is now valued over $1 billion. [14]

In March 2019, ThoughtSpot relocated their headquarters from Palo Alto to Sunnyvale. [15]


ThoughtSpot allows for non-technical individuals to conduct a self-service data analysis search. [16]


In 2016, ThoughtSpot was named a "Cool Vendor in Analytics" by Gartner. [17] In 2017, the company announced that it was included on Gartner Magic Quadrant for Business Intelligence and Analytics Platforms report. [18] That same year, ThoughtSpot was included in Red Herring's Top 100 North American Companies list. [19]

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  2. 1 2 Miller, Ron (June 18, 2014). "ThoughtSpot Grabs $30M In Series B Funding To Modernize Business Intelligence". TechCrunch. Retrieved July 29, 2016.
  3. 1 2 Roy, Rohit (May 20, 2016). "ThoughtSpot Announces $50M Series C Funding to Lead Search-Driven Analytics for the Enterprise". Martech Advisor. Retrieved July 29, 2016.
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