
ThoughtSpot, the AI-Powered Analytics company, has successfully completed its acquisition of Mode Analytics, a modern Business Intelligence (BI) platform, in a $200 million cash and equity transaction.
As a result of this acquisition, ThoughtSpot's Annual Recurring Revenue (ARR) will exceed $150 million, with ample opportunities for growth. Existing Mode Analytics and ThoughtSpot customers will receive exclusive offers for each other's products.
This acquisition marks a significant step forward in the evolution of business intelligence, bringing the power of AI and collaboration to data professionals and business users.
Both, Thoughtspot and Mode are founders.ai portfolio companies.












