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How Much Did Domo Raise? Headquarters, Funding & Key Investors

Domo has raised $730M across multiple rounds, including a major $100M Series D in April 2017 led by BlackRock, followed by additional Series D injections of $11M (Oct 2017) and $3.6M (Dec 2017). These rounds fueled platform expansion, enterprise-grade analytics, and global market penetration. Since its founding in 2010, Domo has focused on unifying business intelligence, real-time dashboards, and data collaboration in a single cloud environment. Backed by investors such as BlackRock, IVP, Glynn Capital, and Greylock, Domo reached unicorn status rapidly, solidifying its position in the BI and analytics market.

    Domo is a cloud-based business intelligence and data experience platform that helps companies connect every data source from cloud apps and databases to proprietary systems into a unified, real-time analytics hub. Designed for modern enterprises, Domo offers no-code and pro-code workflows, automated data pipelines, self-service ETL, and highly visual dashboards that enable teams to track performance, collaborate, and make data-backed decisions faster.

    Its platform goes beyond traditional BI tools by integrating data sharing, notifications, mobile analytics, and predictive insights into a single operating system for business. Organizations across finance, marketing, sales, operations, and executive teams rely on Domo to centralize KPIs, improve visibility, and reduce inefficiencies caused by fragmented data.

    What Is Domo and What Does It Do?

    Domo, founded in 2010 by Josh James, is an American Fork–based (United States) business intelligence platform designed to unify data, analytics, and collaboration across organizations. The platform connects to thousands of data sources, integrates ETL automation, and provides intuitive dashboards accessible across devices. 

    Domo employs 771 people, supporting a global customer base across industries like retail, finance, insurance, telecom, and manufacturing.

    The company enables real-time data integration, advanced reporting, AI-driven insights, and seamless team collaboration. With extensive APIs, data governance capabilities, and embedded analytics, 

    Domo helps businesses transform raw data into actionable intelligence powering strategic decisions at speed and scale.

    How Much Funding Has Domo Raised?

    1. Series D

    • Amount Raised: $3.6M
    • Date: December 5, 2017
    • Motivation: Final operational boost before IPO preparations, strengthening product development and enterprise sales.

    2. Series D

    • Amount Raised: $11M
    • Date: October 1, 2017
    • Motivation: Support global market expansion and scale cloud infrastructure for larger enterprise deployments.

    3. Series D

    • Amount Raised: $100M
    • Date: April 26, 2017
    • Lead Investors: BlackRock
    • Motivation: Accelerate BI product innovation, invest in AI-driven analytics, and expand go-to-market channels.

    Total Funding Raised: $730M

    Latest Funding Date: December 2017

    Key Investors

    1. BlackRock

    • Details: One of the world’s largest asset management firms investing across public and private markets.
    • Investment Focus Areas: Fintech, enterprise software, analytics, cloud platforms.
    • Notable Investments: Snowflake, UiPath, Palantir, Byju’s, Automation Anywhere.

    2. IVP (Institutional Venture Partners)

    • Details: Late-stage venture capital firm backing hyper-growth technology companies.
    • Investment Focus Areas: SaaS, consumer internet, enterprise software.
    • Notable Investments: Slack, Discord, Twitter, Snap, CrowdStrike.

    3. Glynn Capital

    • Details: Growth investment firm focusing on long-term technology leadership.
    • Investment Focus Areas: Cloud software, marketplaces, AI, data platforms.
    • Notable Investments: Canva, Snowflake, DocuSign, RingCentral, Pinterest.

    4. Greylock Partners

    • Details: Legendary VC firm backing early and growth-stage technology leaders.
    • Investment Focus Areas: SaaS, cybersecurity, data infrastructure, AI.
    • Notable Investments: Airbnb, Facebook, Palo Alto Networks, Figma, Coinbase.

    5. T. Rowe Price

    • Details: Global investment management firm focused on high-potential technology companies.
    • Investment Focus Areas: Cloud computing, enterprise SaaS, fintech, analytics.
    • Notable Investments: Zoom, Shopify, Twilio, CrowdStrike, Datadog.

    Where Is Domo’s Headquarters?

    Domo is headquartered in American Fork, Utah, a fast-growing technology corridor known for its access to engineering talent and enterprise software innovation. This strategic location allows Domo to collaborate closely with cloud-tech partners, maintain cost-efficient operations, and serve clients across North America with agility.

    What’s Next for Domo?

    Domo is strengthening its focus on AI-native analytics, data automation, and embedded intelligence to power smarter, real-time decision-making. The company is expanding partnerships with enterprise cloud ecosystems and enhancing governance, security, and scalable data sharing. 

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