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

ThoughtSpot has raised $674 million in total funding, including a $100 million Series F round in November 2021 at a $4.2 billion valuation, backed by March Capital, Lightspeed Venture Partners, Snowflake, Khosla Ventures, Fidelity Investments, General Catalyst, Sapphire Ventures, Capital One Ventures, and GIC. Earlier in March 2021, the company secured an additional Series F round with undisclosed terms led by Snowflake to strengthen their cloud partnership. ThoughtSpot also raised $248 million in a Series E round in August 2019. These investments have accelerated AI-driven analytics, cloud integration, and global expansion.

How Much Did ThoughtSpot Raise? Funding & Key Investors

ThoughtSpot provides an AI-powered analytics platform that enables business users to ask questions in natural language and instantly visualize results. Its platform connects with modern data stacks, cloud data warehouses, and BI systems to deliver true self-service analytics without extensive technical dependencies.
By combining search-based analytics, AI-driven insights, and collaborative data exploration, ThoughtSpot helps enterprises uncover hidden patterns, democratize data access, and drive faster, more informed decision-making across teams.

What Is ThoughtSpot and What Does It Do?

ThoughtSpot, founded in 2012 by Ajeet Singh and Amit Prakash, is an AI-powered text analytics platform for enterprises based in San Jose, United States.

ThoughtSpot employs between 501 and 1,000 employees as of July 2025. The platform allows users to ask questions in natural language, instantly generate charts and dashboards, and extract insights using AI-driven recommendations.

Serving sectors like retail, banking, and healthcare, ThoughtSpot supports collaboration using SQL, R, Python, and visual analysis within a unified workspace.
ThoughtSpot’s technology powers search-based BI, cloud analytics, and enterprise-grade governance for data-driven organizations.

How Much Funding Has ThoughtSpot Raised?

1. Series F

• Amount Raised: $100M
• Date: November 2021
• Lead Investors: March Capital, Lightspeed Venture Partners, Snowflake, Khosla Ventures, Fidelity Investments, General Catalyst, Sapphire Ventures, Capital One Ventures, GIC
• Motivation: To scale cloud analytics offerings, enhance AI capabilities, and accelerate global expansion.

2. Series E

• Amount Raised: $248M
• Date: August 2019
• Lead Investors: Lightspeed Venture Partners, Sapphire Ventures, Geodesic Capital, Fidelity
• Motivation: To enter new markets, enhance the product, and expand sales and marketing initiatives.

Total Funding Raised: $674 Million

Current Valuation: $4.2 Billion (as of November 2021)

Latest Funding Date: November, 2021

Key Investors

1. Lightspeed Venture Partners

• Details: A global venture capital firm backing high-growth enterprise and consumer startups.
• Investment Focus Areas: Enterprise software, cloud, data, consumer internet.
• Notable Investments: Nutanix, Rubrik, ThoughtSpot.

2. Snowflake

• Details: A leading cloud data platform provider and strategic ThoughtSpot partner.
• Investment Focus Areas: Data ecosystem partners and analytics.
• Notable Investments: ThoughtSpot and data-focused ecosystem companies.

3. Khosla Ventures

• Details: A venture firm focused on transformative and disruptive technologies.
• Investment Focus Areas: AI, data, enterprise software, deep tech.
• Notable Investments: Square, DoorDash, ThoughtSpot.

4. General Catalyst

• Details: A VC firm investing in companies that promote responsible innovation.
• Investment Focus Areas: SaaS, fintech, healthcare, consumer tech.
• Notable Investments: Airbnb, Stripe, ThoughtSpot.

5. Fidelity Investments

• Details: A global asset manager active in late-stage private tech investments.
• Investment Focus Areas: Technology, fintech, enterprise software.
• Notable Investments: Uber, Slack, ThoughtSpot.

Where Is ThoughtSpot’s Headquarters?

ThoughtSpot is headquartered in San Jose, United States, at the center of Silicon Valley’s enterprise software and cloud ecosystem. This location gives the company access to world-class engineering talent, data infrastructure partners, and a thriving innovation landscape.

What’s Next for ThoughtSpot?

ThoughtSpot is expected to expand its cloud-native analytics suite, strengthen integrations with modern data warehouses, and enhance AI-driven search capabilities. With strong backing from Snowflake and top-tier VCs, the company aims to cement its position as a core component of the modern data stack for enterprises worldwide.

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