In 2019 ThoughtSpot grew its top line at 108% to a $100 million run rate, according to my February 2020 interview with Ajeet Singh, ThoughtSpot’s cofounder and executive chairman. That growth attracted capital — in August 2019, it raised a $248 million Series E round at a $1.95 billion valuation. But ThoughtSpot has slowed down.
Will ThoughtSpot get an IPO?
The ThoughtSpot IPO date is currently unknown. CEO Sudheesh Nair has repeatedly indicated that ThoughtSpot would benefit most from an IPO. IPO discussions were held in 2019 and 2020, but recent chatter has quieted, likely due to the slowdown in IPO volume and unfavorable market conditions.
Does ThoughtSpot have a public stock price?
A public ThoughtSpot stock price does not exist because the company is private. Private stock price information is becoming more available and reliable based on pre-IPO marketplace data and other sources. However, the stock price is only the value of one share.
