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New Deal


Announced

Completed

March Capital led a $100m Series F round in ThoughtSpot.

Financials

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Transaction Value£74m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

cloud analytics

Minority

Private Equity

Cross Border

United States

Single Bidder

Digital Services

Private

Venture Capital

Completed

data analytics

Synopsis

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March Capital led a $100m Series F round in ThoughtSpot, a technology company that produces business intelligence analytics search software, with participation from Lightspeed Ventures, Snowflake Ventures, Khosla Ventures, Fidelity, Capital One Ventures, General Catalyst, Sapphire Ventures, and GIC. "We are thrilled to be backing the world-class ThoughtSpot team as they continue to dominate the rapidly growing cloud analytics market. ThoughtSpot’s innovative, cloud-native platform makes it easier than ever for any company, from high growth startups to global enterprises, to derive valuable insights and make smarter decisions from the large amounts of data they gather. We look forward to leveraging March’s extensive operational and industry expertise to help ThoughtSpot build the multibillion leader in this important category," James Montgomery, March Capital Co-Founder and Managing Partner.

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