Domo, Inc.

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Domo, Inc. - overview

Established

2010

Location

American Fork, UT, US

Primary Industry

Software

About

Domo, Inc. is a US-based company specializing in AI and data products that enhance data integration, preparation, and visualization for businesses, supporting informed decision-making across various sectors. Founded in 2010 in American Fork, US, Domo, Inc. provides a platform for data management and business intelligence solutions.


The company was co-founded by Josh James and Andre Stringer. Domo has raised a total of USD 193 mn in funding with its most recent round being an IPO in June 2018, marking a significant milestone for the company. Josh James currently serves as CEO. Domo offers an AI and data products platform designed to streamline data integration, preparation, and visualization for businesses.


The core products include automated dataflow engines, business intelligence tools, and embedded analytics solutions, enabling organizations to analyze data and uncover trends. Domo’s platform caters to various industries, providing scalable solutions for North American, European, and Asian markets. For the most recent fiscal year 2025, Domo reported revenues of USD 317. 04 mn and an EBITDA of USD -37.


05 mn. The company operates on a subscription-based model, fostering ongoing relationships with clients across various industries. Domo intends to further its growth by launching new products aimed at enhancing user engagement and data capabilities, with specific offerings expected in late 2023. The company plans to expand its reach into the Asia-Pacific region by 2024, targeting emerging markets to grow its customer base.


The funds raised during the IPO will be utilized to support these initiatives, allowing Domo to refine its product offerings and enhance marketing efforts.


Current Investors

BlackRock, NEXT Investors, Benchmark

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Application Integration Software, Systems Management Software

Website

www.domo.com/

Verticals

Artificial Intelligence, Cloud Computing, Cloud Computing

Company Stage

Mature

Total Amount Raised

Subscriber access only

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