Total amount raised
$274.7 Million
Latest funding date
1/1/2020
Location
Sisense has successfully navigated 8 funding rounds, with the most recent being a Series F round led by Insight Partners. The company is backed by 13 investors, including notable names like Bessemer Venture Partners and Battery Ventures.
Keep reading to explore the intricacies of Sisense's fundraising journey and the investors backing this innovative platform.
What Is Sisense?
Sisense, a private company based in New York, New York, operates in various industries including analytics, artificial intelligence, big data, business intelligence, data visualization, enterprise software, information technology, and software. The company has between 501-1000 employees.
Founded to deliver agile analytics at scale, Sisense offers an AI-powered analytics platform that helps teams model, visualize, and embed data experiences. The platform includes tools like assistant and MCP server to speed up the creation and delivery of insights, making analytics accessible to everyone.
How Much Funding Has Sisense Raised?
- Series A
- Amount Raised: USD 4,000,000
- Date: September 2010
- Lead Investors: Opus Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support initial product development and market entry.
- Series B
- Amount Raised: USD 10,000,000
- Date: April 2013
- Lead Investors: Battery Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market presence and enhance product features.
- Series C
- Amount Raised: USD 30,000,000
- Date: June 2014
- Lead Investors: DFJ Growth
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and accelerate growth.
- Series D
- Amount Raised: USD 50,000,000
- Date: January 2016
- Lead Investors: Bessemer Venture Partners
- Valuation at Round: USD 325,000,000
- Motivation Behind the Round: To expand market share and invest in technology development.
- Series E
- Amount Raised: USD 80,000,000
- Date: September 2018
- Lead Investors: Insight Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support global expansion and product innovation.
- Series F
- Amount Raised: USD 100,000,000
- Date: January 2020
- Lead Investors: Insight Partners
- Valuation at Round: Over USD 1,000,000,000
- Motivation Behind the Round: To bolster sales, marketing, and development efforts, and prepare for a potential IPO.
Total Amount Raised: USD 274,741,000. Current Valuation: Over USD 1,000,000,000.
Key Investors
- Insight Partners
- Details: Insight Partners is a global private equity and venture capital firm that invests in growth-stage technology and software companies. They led Sisense's Series F funding round.
- Investment Focus Areas: Technology, software, data management.
- Notable Investments: Twitter, Shopify, DocuSign.
- Bessemer Venture Partners
- Details: Bessemer Venture Partners is a venture capital firm that invests in early-stage and growth-stage companies across various sectors. They participated in Sisense's Series D and Series F funding rounds.
- Investment Focus Areas: Enterprise software, cloud computing, consumer technology.
- Notable Investments: LinkedIn, Pinterest, Shopify.
- DFJ Growth
- Details: DFJ Growth is a venture capital firm focusing on high-growth technology companies. They were a lead investor in Sisense's Series C funding round.
- Investment Focus Areas: High-growth technology companies.
- Notable Investments: SpaceX, Tesla, Box.
- Battery Ventures
- Details: Battery Ventures is a global, technology-focused investment firm that backs companies at various stages, from seed to growth. They participated in Sisense's Series B and Series F funding rounds.
- Investment Focus Areas: Technology, software, IT infrastructure.
- Notable Investments: Nutanix, Coupa Software, Glassdoor.
- Opus Capital
- Details: Opus Capital is a venture capital firm that invests in early-stage technology companies. They led Sisense's Series A funding round.
- Investment Focus Areas: Technology, enterprise software, IT.
- Notable Investments: Not publicly disclosed.
What's Next for Sisense?
As Sisense looks to the future, the opportunities for growth are vast. The company is poised to expand its market share by enhancing its sales, marketing, and development efforts. With a valuation exceeding $1 billion and a customer base of over 2,000, including industry leaders like Nasdaq and Philips, the potential for scaling globally is immense. The merger with Periscope Data further strengthens Sisense's position, offering a unified analytics platform that caters to diverse business needs.
Future fundraising opportunities seem promising, given the significant investment from major players like Insight Partners and Bessemer Venture Partners. These funds will likely support further technological advancements and market expansion. However, Sisense must navigate challenges such as integrating new technologies and maintaining rapid growth in a competitive market. The increasing demand for accessible data analytics and AI capabilities presents both an opportunity and a challenge, requiring continuous innovation to stay ahead.
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