ThoughtSpotrevenue, valuation & funding
Business Intelligence SoftwareMountain View, CaliforniaFounded 2012CEO Ketan Karkhanis
ThoughtSpot is a software company that provides a search and AI-driven analytics platform for business intelligence and data analytics. The company was founded in 2012 and is headquartered in Sunnyvale, California.
ThoughtSpot revenue & ARR
ThoughtSpot's annual recurring revenue was $150M in 2023 (thoughtspot.com), the most recent figure on record. That is up 53% from $98M a year earlier.
All 6 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Aug 2019 | $36M | – |
| Feb 2020 | $100M | TechCrunch |
| Dec 2020 | $75M | – |
| Nov 2021 | $98M | – |
| Nov 2022 | $154.5M | – |
| 2023 | $150M | thoughtspot.com |
– source not recorded
ThoughtSpot valuation
ThoughtSpot is privately held, so there is no ThoughtSpot stock to buy. Investors valued it at $4.2B in its November 2021 Series F.
Valuation history$4.2B Series F 2021$4.2B Series F 2021$1.7B Series E 2019$855M Series D 2018
ThoughtSpot funding rounds & investors
ThoughtSpot has raised $663.7M across eight rounds since 2012. The latest was a $100M Series F in November 2021.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Nov 2021 | Series F | $100M | $4.2B |
| Mar 2021 | Venture | $20M | – |
| Aug 2019 | Series E | $248M | $1.7B |
| May 2018 | Series D | $145M | $855M |
| Aug 2017 | Series C | $60M | – |
| May 2016 | Series C | $50M | – |
| Jun 2014 | Series B | $30M | – |
| Jun 2012 | Funding round | $10.7M | – |
| Total raised | $663.7M |
ThoughtSpot competitors
ThoughtSpot competes most directly with Strategy Software and Sisense.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Strategy Software | $477.2M | $3.1B | 2,252 | – | 1989 |
| ThoughtSpot | $150M | $663.7M | 1,699 | 1K | 2012 |
 Sisense | $140M | $269.5M | 598 | 2K | 2004 |
ThoughtSpot CEO & employees
Ketan Karkhanis is CEO of ThoughtSpot. ThoughtSpot has 1,699 employees (November 2025, LinkedIn).
- ภควัต นันทเกิดChief Executive Officer
- Sunil GuptaVice President of Engineering, Thoughtspot
- Iswarya Lakshmi ShankerVP- People (APAC & Global R&D)
- Ben GillHead of Business Development, ANZ
- William LeeHead of Corporate Finance
Also at ThoughtSpotMonica Mendoza, Alex Venker, Argin W., Kazuyo Yamashita, Wesley Forsyth, Devarajan Mukkai Ramachandran, Aron Giuseppe Ionfrida, Rajeswari Marimuthu, Anirudh Paliye, Rachel (Fagut) Borger, Ankit Choudhary, Balma Nguyen, Smitha SR, Vikram Bhardwaj, Shashank Mehra, Kayla Doty, Ruchi Bajpai, Emelye Harvey, Himanshu Arora, Umesh Koshyari, Brant Wadsworth, Hailey Hickman, Ariela (Weprin) Johnson, Deepa S., Ali Muhammad Hemani, Kerry Petrere-McCarthy, Neelanjan Ghatak, Rahul Yadav, Niveditha S., Siddhant Rohela, Mark McKenna, Sachin Kumar, Agam Jain, Devin McPherson, Kiara Polychroniadi, Dilip Pitchika, Jishnu Pavithran, Swarnika Gupta, Ritik Mani, Yagyesh Srivastava, Vivek Supnekar, Azimuddin Mohammed, Vikas Paliwal, Vishnu Prasad, Battu Ashita, Vivek Kumar, Bharath Mourya Yellamelli, Shishir Kumar, Justin Mathew, mike boone, Brandy Heisler, Nick Cooper, Mary Nolet, Subramanya BS, Kumar Shanu, Diyali Shivhare, Tony Genelza, Vivek Mishra, Yuanyuan Liu, Umaya Rajkumar, Mayank Nigam, Jim Floresca, Rousan Ali, Sivani Baiju, Anoop Narang, Abinesh M., Zoe Louise Knill, Rishabh Shah, Deepika Prakash (Rampuria), Nathan Chase, Amarnath Dave R, Manikanta Uppala, Raghuveer T., Navoday M., Vishal Panjeta, Sean Connors, Shefeek Jinnah, Vaishnavi Gudimani, Pankaj Kapoor, Rishabh Vijayvargiya, Ayushi Kothari, Arjun Ramani, Juliette Maymin, Sara Yasmeen, Andrew Osenenko, Rahul Reddy Peddaiahgari, Angira Majumdar, Praveen Illa, Katherine Guevara, Keri Karlsen, Akash Adhikary, Sanyam Jain, Sujay Narayana, Suraj Sahu
All 9 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Nov 2025 | 1,699 | |
| Mar 2024 | 1,510 | Latka Top 250 List |
| Nov 2023 | 1,471 | – |
| Nov 2022 | 1,077 | – |
| Nov 2021 | 683 | – |
| Dec 2020 | 569 | – |
| Nov 2020 | 569 | – |
| Aug 2019 | 500 | – |
| May 2018 | 347 | – |
ThoughtSpot FAQ
What is ThoughtSpot's revenue?
ThoughtSpot's annual recurring revenue was $150M in 2023, according to thoughtspot.com. No later figure is on record.
What is ThoughtSpot's valuation?
Investors valued ThoughtSpot at $4.2B in its November 2021 Series F.
How much funding has ThoughtSpot raised?
ThoughtSpot has raised $663.7M across eight funding rounds. The latest was a $100M Series F in November 2021.
Who owns ThoughtSpot?
ThoughtSpot is privately held. Its lead investors include new investor March Capital.
How many employees does ThoughtSpot have?
ThoughtSpot has 1,699 employees as of November 2025, according to LinkedIn.
Who is the CEO of ThoughtSpot?
Ketan Karkhanis is the CEO of ThoughtSpot.
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How this page is sourced
4 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Oct 7, 2026Data disclaimerReport a correctionClaim this profileRun ThoughtSpot? Join the podcast