Tracxn's Business Intelligence 2016 report covers companies that develop and provide Business Intelligence (BI) & Analytics software. It also covers prominent industry specific BI solutions.
3. Business Intelligence Report, September 20163
Contents
Topic Page No.
Scope of Report 04
Entrepreneur Activity 06
Investment Trend 10
Who is Investing 18
Exit Outlook - IPO, Acquisitions 22
Sub Sector Analysis 25
Interesting Companies 42
Useful Links 57
Company List 59
Team 233
4. Business Intelligence Report, September 20164
Sector Overview
Scope of report
This report covers companies that develop and provide Business Intelligence (BI) & Analytics software. It also covers prominent
industry specific BI solutions. It excludes service providers and consultancy companies. Over $6.8B invested since 2010, with ~
$2.9B+ invested since 2015. 170+ rounds of funding between Jan 2015 – Dec 2015. 93 rounds in 2016 YTD. Advanced Analytics
and Visualization tools are the top funded sectors.
• Advanced Analytics - 174 investments worth ~ $1.6B
• Visualization Tools - 99 investments worth ~ $1.3B
Most active funds
• Sequoia Capital (Birst, EverString, Lattice, Roambi)
• Accel Partners (SalesforceIQ (ex RelateIQ), Origami Logic, Trifacta, Zoomdata)
Notable investments since 2015
• Domo (BI – Visualization Tools – Visual Analytics) - $131M from BlackRock, Credit Suisse- March 22, 2016.
• Anaplan (BI Verticals – Corporate Performance Management) - $90M from Founders Circle Capital, Salesforce, Sands
Capital Management - Jan 14, 2016.
• Alteryx (BI & Advanced Analytics ) - $85M from Iconiq Capital, IVP, Meritech Capital Partners – October 10, 2015.
• Birst (BI – Visualization Tools ) - $65M from Northgate Capital, Sequoia Capital, DAG Ventures, Hummer Winblad VP,
Wellington Management Company, LLP - March 3, 2015.
The scope of this report includes equity as well as debt funding received by the companies.
5. Business Intelligence Report, September 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
5
6. Business Intelligence Report, September 2016
84
97
172
199
193
185
25
0
50
100
150
200
250
2010 2011 2012 2013 2014 2015 2016
NumberofCompanies
6
YoY – Number of companies founded
Domo Looker ThoughtSpot 6sense DataScience Notion Sagacito
Alteryx Platfora EverString Dato Rocana DemandJump Vahanalytics
9. Business Intelligence Report, September 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
9
10. Business Intelligence Report, September 201610
YoY – Number of Rounds and Total Funding
Note: The funding includes debt rounds also.
$299M $257M $308M
$411M
$541M
$1.2B
$1.4B
$2.0B
$950M
43 42
69
87
121
175
164
179
93
0
40
80
120
160
200
0
500
1000
1500
2000
2500
2008 2009 2010 2011 2012 2013 2014 2015 2016
NumberofRounds
FundingAmount(inMillions)
Funding Amount Number of Rounds
17. Business Intelligence Report, September 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
17
18. Business Intelligence Report, September 201618
Most Active Investors in Sector
33
30
29
27
24
19
18
17 17
16
0
7
14
21
28
35
Sequoia
Capital
Andreessen
Horowitz
NEA Accel
Partners
Battery
Ventures
Greylock
Partners
General Catalyst
Partners
Redpoint
Ventures
Salesforce Techstars
TotalNumberofRounds
Roambi Tidemark Zoomdata Trifacta Sisense Tidemark ThoughtSpot Tidemark Radius ReTel Technologies
Pyramid Analytics SnapLogic Tamr RelateIQ RelateIQ Trifacta SignalDemand RelateIQ Domo StatsMix
21. Business Intelligence Report, September 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
21
22. Business Intelligence Report, September 201622
Top IPOs
IPO Date Company Overview
Funding
Amount
Mcap at IPO
Exch:Ticker
Jan-2014 rosslynanalytics.com
Rosslyn Analytics
(London Borough of
Bromley, 2007)
Data management and analytics
IQ Capital Partners $4.8M
RDT
May-2013 tableau.com
Tableau
(Seattle, 2003)
BI Analytics solutions
NEA $15M
DATA
Jul-2010 qlik.com
QlikTech
(Radnor, 1993)
Self-service data visualization and guided analytics
Accel Partners, Jerusalem Venture Partners, CrossConti $12.5M
QLIK
Jul-1998 actuate.com
Actuate
(San Mateo, 1993)
Open Source BI embedded Analytics Platform
Accel Partners, Mohr Davidow Ventures
NASDAQ:BIRT
Jan-1998 microstrategy.com
MicroStrategy
(Vienna, 1989)
Business Intelligence (BI) software MSTR
Jul-1992 datawatch.com
Datawatch
(Chelmsford, 1985)
Data Preparation And Visualization DWCH
Nov-1988 sap.com
SAP
(Walldorf, 1972)
Enterprise application software SAP
AVS
(Waltham, 1991)
Analytics and Data Visualization Software AVSC
24. Business Intelligence Report, September 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
2424
25. Business Intelligence Report, September 201625
September 2016Tracxn BlueBox : Business Intelligence
1350+ companies in the sector, with total $7.9b, $2.9b invested in 2015/16 0
36
72
108
144
180
2012 2013 2014 2015 2016
YOY Startups Founded
0
500
1000
1500
2000
2500
2012 2013 2014 2015 2016
YOY Funding Trend (in $M)
26. Business Intelligence Report, September 201626
Top Business Models by Funding
$4.0B
$1.5B
$1.3B
$677M
$216M
$59M
0
900
1800
2700
3600
4500
BI Verticals Advanced Analytics Visualization Tools Data Preparation Suites Mobile BI
TotalFundingAmount(inMillions)
# Cos. 677 298 217 76 64 24
Avg. Age 2010.7 2009.3 2010.3 2007.5 2002.5 2010.9
Anaplan Alteryx Domo Talend Zoomdata Roambi
InsideSales.com Predictive Technologies Birst Inc. Attivio TIBCO Jaspersoft Chartcube
41. Business Intelligence Report, September 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
4141
42. Business Intelligence Report, September 2016
Company Overview Business Model
fusioncharts.com
FusionCharts
(2002, Kolkata)
Data visualization products Visualization Tools > Reporting Tools
aissel.com
Aissel
(2010, Hubli)
Business Intelligence software for healthcare and pharma. BI Verticals > Marketing > Healthcare
perfectleads.com
Perfect Leads
(2015, Los Angeles)
Lead Generation platform based on AI for Sales BI Verticals > Sales
perfdata.io
Perfdata
(2015, Princeton)
Enterprise performance analytics platform Advanced Analytics > BigData
mezzure.com
Mezzure Software
(2009, Pune)
Cloud based business intelligence platform Visualization Tools > Visual Analytics
qorql.com
QorQl
(2015, Noida)
Health data analytics platform for clinical decision support BI Verticals > R&D > Healthcare
elucidata.io
Elucidata
(2015, Delhi)
Data analytics for the life sciences vertical BI Verticals > R&D > Healthcare
enlightiks.com
Enlightiks
(2012, Bangalore)
Data analytics platform for actionable insights BI Verticals > R&D > Healthcare
42
Interesting Unfunded Companies
Curated list of companies by the sector analyst are defined as Interesting
56. Business Intelligence Report, September 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
56
57. Business Intelligence Report, September 201657
Useful Links
Slide Title Content Platform Link
List of All Companies in readable format Companies Link
Large Upcoming Sectors Entrepreneur Activity Link
Niche Upcoming Sectors Entrepreneur Activity Link
Top investments in last one year Investment Trend Link
Major Acquisitions in last one year Exit Outlook - IPO, Acquisitions Link
Suite – Most Funded Companies Sub Sector Understand Link
Advanced Analytics– Most Funded companies Sub Sector Understand Link
Visualization Tools – Most Funded Companies Sub Sector Understand Link
Data Preparation – Most Funded Companies Sub Sector Understand Link
BI Vertical– Most Funded companies Sub Sector Understand Link
Top Funded Deadpooled Companies Companies Link
58. Business Intelligence Report, September 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
58
59. Business Intelligence Report, September 201659
Business Intelligence – List of Companies
BI Verticals Advanced Analytics Visualization Tools Data Preparation Suites Mobile BI
590 FUNDED COMPANIES AND 765 UNFUNDED COMPANIES
COVERS THE FOLLOWING SECTORS
60. Business Intelligence Report, September 2016
BI Verticals (1/85)
Company Overview Business Model
Total
Funding
JadeTrack
(2011, Powell)
Sustainability Performance Management
CSR
$312k
Cause IQ
(2013, Washington)
BI analytics tools for NonProfits
CSR
Sicasoft
(2015, Chicago)
Sustainability, Analytics, Management and Reporting Software
CSR
Cloudability
(2011, Portland)
Financial Management Tool for the Cloud
First Round Capital, 500 Startups, Foundry Group, Trinity Ventures,
Techstars, Data Collective, Walden Venture Capital, SK Ventures, PIE,
Wieden+Kennedy
Finance and Accounting
$44M
SignalDemand
(2004, San Francisco)
Margin Optimization Software
General Catalyst Partners, Catamount Ventures, InterWest Partners,
Hummer Winblad Venture Partners
Finance and Accounting
$37.5M
Spikes Cavell
(1991, Berkshire)
Data analytics and Business Intelligence Platform for Public Sector
Dawn Capital, IQ Capital Partners Finance and Accounting
$4.6M
Star Analytics
(2004, San Mateo)
Finance Automation and Integration Software
Lightspeed China Partners, Hummer Winblad Venture Partners Finance and Accounting
$3.5M
iLumen
(2000, Atlanta)
Customized business intelligence
Finance and Accounting
$2.8M
Go to BM List >> Advanced Analytics
60
61. Business Intelligence Report, September 2016
BI Verticals (2/85)
Company Overview Business Model
Total
Funding
Cashforce
(2012, New York City)
Cash management & forecasting platform
Techstars, Barclays Accelerator, Volta Ventures, Pamica Finance and Accounting
$1.1M
Financial Network Analytics
(2010, Helsinki)
Analytics platform provider for FIs
Techfounders Finance and Accounting
$532K
Baremetrics
(2013, Panama)
Stripe Analytics & Metrics
General Catalyst Partners Finance and Accounting
$500K
Puun.co
(2014, Bangkok)
SaaS-based Virtual Financial Advisor platform powered by Analytics
Finance and Accounting
mypat
(2014, Istanbul)
Analytics for payments
Finance and Accounting
AlphaSheets
(2015, Boston)
Programmable spread sheets
Finance and Accounting
Dhatim
(2008, Paris)
Predictive analytics for corporate cost optimisation
Finance and Accounting
Koala
(2015, Chelmsford)
SaaS analytics for stripe based subscription businesses
Finance and Accounting
Go to BM List >> Advanced Analytics
61
62. Business Intelligence Report, September 2016
BI Verticals (3/85)
Company Overview Business Model
Total
Funding
SaaS Metrics
(2014, Paris)
SaaS analytics for stripe - customer metrics analytics
Finance and Accounting
BizMetrics
(2015, San Francisco)
key business metrics for SaaS business.
Finance and Accounting
Saasmetrics
(2015, Brazil)
SaaS metrics analytics
Finance and Accounting
MRR.io
(2016, San Antonio)
Metrics & Analytics for Stripe
Finance and Accounting
Predictive Layer
(2014, Rolle)
Next generation automated predictive analytics with big data
machine learning Finance and Accounting
Spore.BI
(2014, Delft)
Business Intelligence and Data Analytics specially designed for
Small and Medium enterprices. Finance and Accounting
Fathom
(2011, Brisbane)
Financial Analysis and Reporting
Finance and Accounting
Anaplan
(2006, San Francisco)
SaaS Corporate Performance Management Platform
Salesforce, Shasta Ventures, Meritech Capital, DFJ Growth, Coatue,
Harmony Partners, Granite Ventures, Workday, Baillie Gifford, Sands
Capital, Founders Circle Capital, Founders Circle, Brookside Capital
Finance and Accounting >
Corporate Performance
Management
$232M
Go to BM List >> Advanced Analytics
62
232. Business Intelligence Report, September 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
232