Domo has raised $583.6M in total across 7 funding rounds.
Domo's investors include Benchmark, Craft Ventures, Gigafund, IVP, Kima Ventures, Mosaic Ventures, Raine Ventures, Sound Ventures, TQ Ventures, Bill Gates, Christian Vollmann, Martin Sinner.
Domo, Inc. is a cloud-based SaaS company specializing in business intelligence (BI), data visualization, and AI-driven analytics, enabling real-time access to business data for decision-makers with minimal IT involvement.[1][2] It serves enterprises by connecting over 1,000 data sources, building scalable data products like dashboards and apps, automating workflows with AI, and ensuring secure governance—all in an all-in-one platform that simplifies data stacks and accelerates insights.[2][3] Domo solves the problem of scattered data silos by providing fast, no-code integration, AI-powered automation, and collaborative tools, driving growth through features like elastic scaling and consumption-based pricing; recent momentum includes 2024's App Studio launch, 2025's Agent Catalyst AI toolkit, and top analyst ratings as a leader in BI platforms.[1][2]
Domo was founded in 2010 by Josh James, a serial entrepreneur who previously co-founded Omniture (acquired by Adobe) and left Adobe to pursue a vision for democratized business data access.[1] Initially launched as Shacho, Inc. in October 2010, the company quickly acquired Corda Technologies in December and rebranded to Domo, marking its pivot to a comprehensive BI platform.[1] Early traction came from James's track record in analytics, evolving from dashboard tools to a full AI-enhanced ecosystem, with pivotal expansions like 2021's Domo Everywhere for embedded analytics and multi-cloud support in 2022.[1]
Domo rides the AI-augmented BI wave, capitalizing on exploding data volumes from cloud warehouses and the shift to agentic AI for autonomous workflows amid multi-cloud complexity.[1][3] Timing is ideal post-2025 AI advancements, as enterprises demand governed, real-time insights without heavy IT—Domo's hybrid architecture maximizes investments in CDWs like Snowflake while enabling embedded analytics in apps.[1][3] Market forces like regulatory pressures for data compliance and the need for faster decision-making favor its secure, scalable model; it influences the ecosystem by powering productivity platforms, fostering developer-friendly low-code tools, and partnering with cloud giants to democratize AI-driven intelligence.[2][3]
Domo is poised to dominate as the go-to AI data products platform, with Agent Catalyst's October 2025 launch accelerating adoption of custom AI agents for workflow automation.[1] Trends like agentic AI proliferation, edge computing integrations, and zero-ETL data flows will propel growth, potentially expanding into vertical-specific apps and deeper generative AI embeddings.[2][3] Its influence may evolve from BI leader to enterprise AI orchestrator, scaling via elastic pricing and governance—reinforcing its role in turning data into a competitive edge for any business.
Domo has raised $583.6M across 7 funding rounds. Most recently, it raised $100.0M Series D in April 2017.