8 Business Intelligence Startups that are now Unicorn Companies

Here’s a full list of unicorn companies in the business intelligence industry that have made it to the US$1B valuation.

Pendo helps you understand your users’ journey and improve your product experience. Ready to see how? Take our self-guided tours →

There are a lot of things to consider when building a new startup - where to get funding, how to validate your idea, and what features should the product have.

One of the challenges, however, is finding a market that is willing to pay for your solution without even knowing what it is yet.

While some people say this makes your idea too vague and hard to monetize, there’s actually good news.

There’s more money in this space than ever before by angels investing in early-stage companies.

If you're building a Business Intelligence startup, you must check these 8 companies that have joined the unicorn club.

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8 Business Intelligence Startups that are now Unicorns

Pendo helps you understand your users’ journey and improve your product experience. Ready to see how? Take our self-guided tours →

AppsFlyer

AppFlwyer is a software platform that enables mobile app developers, advertisers and ad networks to optimize their user acquisition, virality and revenue.

Details of the startup:

Valuation:
$2.00
B (
January 2020
)
Country:
United States
City:
San Francisco
Started in:
2011
Founders:
Oren Kaniel, Reshef Mann
Industries:
Advertising, Advertising Platforms, Analytics, Business Intelligence, Digital Marketing, Mobile Advertising
Number of employees:
1,000-5,000
Funding Amount:
$293,100,000
Number of funding rounds:
6
Number of investors:
12

You can find their website

here

Baiwang Cloud

Baiwang Cloud offers a full range of intelligent services such as integrating tax control equipment, supply chain management, and other related logistics services.

Details of the startup:

Valuation:
$1.55
B (
March 2019
)
Country:
China
City:
Beijing
Started in:
2015
Founders:
No Data
Industries:
Business Information Systems, Business Intelligence, Financial Exchanges, Financial Services, FinTech
Number of employees:
1-10
Funding Amount:
CN¥1,017,000,000
Number of funding rounds:
2
Number of investors:
5

You can find their website

here

Celonis

Celonis is an innovative, fast-growing software company that develops enterprise software solutions for improving business performance through better process execution.

Details of the startup:

Valuation:
$2.50
B (
June 2018
)
Country:
Germany
City:
Munich
Started in:
2011
Founders:
Alexander Rinke, Bastian Nominacher, Martin Klenk
Industries:
Analytics, Big Data, Business Intelligence, Data Mining, Database, Enterprise, SaaS, Software
Number of employees:
1,000-5,000
Funding Amount:
$367,500,000
Number of funding rounds:
3
Number of investors:
5

You can find their website

here

Dremio

Dremio is a platform built specifically to help companies process their data lake faster, better and with less effort.

Details of the startup:

Valuation:
$1.00
B (
January 2021
)
Country:
United States
City:
Santa Clara
Started in:
2015
Founders:
Jacques Nadeau, Tomer Shiran
Industries:
Analytics, Big Data, Business Intelligence, Machine Learning, Software
Number of employees:
100-250
Funding Amount:
$261,499,993
Number of funding rounds:
6
Number of investors:
6

You can find their website

here

Eightfold

Eightfold is a professional organization that guides companies in their talent search.

Details of the startup:

Valuation:
$1.00
B (
October 2020
)
Country:
United States
City:
Mountain View
Started in:
2016
Founders:
Ashutosh Garg, Varun Kacholia
Industries:
Business Intelligence, Human Resources, Information Technology, Recruiting, SaaS
Number of employees:
100-250
Funding Amount:
$176,750,000
Number of funding rounds:
4
Number of investors:
6

You can find their website

here

PatSnap

PatSnap is a marketplace and platform that provides frictionless access to all of the anonymous innovation intelligence you need.

Details of the startup:

Valuation:
$1.00
B (
March 2021
)
Country:
Singapore
City:
Singapore
Started in:
2007
Founders:
Jeffrey Tiong
Industries:
Analytics, Artificial Intelligence, Business Intelligence
Number of employees:
500-1,000
Funding Amount:
$351,602,005
Number of funding rounds:
6
Number of investors:
12

You can find their website

here

Sisense

Sisense is an AI-powered analytics platform that seamlessly connects your data to everyone, everywhere in your organization.

Details of the startup:

Valuation:
$1.10
B (
January 2020
)
Country:
United States
City:
New York
Started in:
2004
Founders:
Adi Azaria, Aviad Harell, Elad Israeli, Eldad Farkash, Guy Boyangu
Industries:
Analytics, Artificial Intelligence, Big Data, Business Intelligence, Data Visualization, Enterprise Software, Information Technology, Software
Number of employees:
500-1,000
Funding Amount:
$274,000,000
Number of funding rounds:
6
Number of investors:
11

You can find their website

here

ThoughtSpot

ThoughtSpot is a business intelligence platform that helps enterprise users, developers, analysts, and marketers to explore, analyze, and share data insights easily. It democratizes access to massive amounts of data making it simple for anyone to make data-driven decisions.

Details of the startup:

Valuation:
$1.95
B (
May 2018
)
Country:
United States
City:
Sunnyvale
Started in:
2012
Founders:
Abhishek Rai, Ajeet Singh, Amit Prakash, Priyendra Deshwal, Priyendra Deshwal, Sanjay Agrawal, Shashank Gupta, Vijay Ganesan
Industries:
Analytics, Artificial Intelligence, Big Data, Business Intelligence, Enterprise Software, Life Science, SaaS
Number of employees:
250-500
Funding Amount:
$563,700,000
Number of funding rounds:
9
Number of investors:
21

You can find their website

here