ThoughtSpot Raises $248M in Series G

ThoughtSpot has successfully raised $248M in a Series G at a $4.2B valuation led by Lightspeed, Khosla Ventures.

Company Overview

ThoughtSpot is a Data company headquartered in Palo Alto, CA, founded in 2012 with 1500+ employees.

AI-powered analytics and business intelligence platform

Fundraising Details

• Amount Raised: $248M
• Round Type: Series G
• Valuation: $4.2B
• Date: 2025-10-13
• Investors: Lightspeed, Khosla Ventures

About ThoughtSpot

AI-powered analytics and business intelligence platform The company is positioned in the Data sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Palo Alto, CA
• Founded: 2012
• Team Size: 1500+
• Industry: Data

What This Means

This funding round demonstrates strong investor confidence in ThoughtSpot's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Data sector continues to attract significant investment as companies innovate to meet evolving market demands. ThoughtSpot's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $4.2B valuation marks an important milestone for ThoughtSpot, positioning the company among notable players in the Data industry.

Looking Ahead

With this new capital, ThoughtSpot is well-positioned to execute on its growth strategy and continue building innovative solutions in the Data space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-10-13. For more information about ThoughtSpot, visit their headquarters at Palo Alto, CA.