Company:Domo, Inc.

From HandWiki
Domo, Inc.
TypePublic
NASDAQ: DOMO (Class B)
Russell 2000 Index component
IndustryComputer Software
Founded2010; 16 years ago (2010)
FounderJosh James
Headquarters
American Fork, Utah
,
U.S.
Area served
Worldwide
Key people
Josh James (CEO)
RevenueIncrease$317.0 million[1] (2025)
Number of employees
824[2]
Websitedomo.com

Domo, Inc. is an American cloud software company based in American Fork, Utah, United States. It specializes in artificial intelligence, business intelligence, and data visualization[3] and is designed to provide real-time access to business data for decision makers across the company with minimal IT involvement.[4][5][6][7] It is a Software-as-a-Service (SaaS) venture.[4]

History

Domo, Inc. was founded in 2010 by Josh James[8][9] After leaving Adobe, in October 2010, James started Shacho, Inc.[10] In December 2010, Shacho purchased Lindon-based Corda Technologies.[11] James changed Shacho's name to Domo.[12]

Products

In 2021, Domo Everywhere was released. Domo Everywhere is an embedded analytics tool developed to help users embed live, interactive business intelligence dashboards and reports into external applications.[13]

In 2022, Domo added support for multi-cloud deployments and cross-cloud data integration, along with features such as a governance toolkit, sandbox environment, and branding tools, and introduced integrations with Microsoft Office Suite.[14]

Domo’s App Studio was launched in 2024 as a low-code development tool to create analytics apps using live data.[15]

In 2025, Domo announced “Agent Catalyst”, serving as a toolkit within their AI platform. The toolkit allows users to create their own autonomous AI to manage workflows. It is scheduled to launch in October 2025.[16]

Domo offers an Oracle Database Connector that pulls from Oracle databases. Domo also offers a native Snowflake connector and supports integrating with BigQuery.[17]

Financials

Initial investors in Domo include Benchmark Capital and Andreessen Horowitz.[18][5] In 2011, $20 million came from Silicon Valley–based Institutional Venture Partners.[18][5] In 2013, the company announced a Series B investment of $60 million.[19]

In February 2014, Domo announced Series C funding of an additional $125 million from multiple investors including TPG Growth, T. Rowe Price, and Viking Global Investors.[20]

In April 2015, Domo, Inc. raised another $200 million in Series D financing with a $2 billion valuation.[21] In March 2016, the company closed a Series D investment round of $131 million.[22]

On April 27, 2017, Domo raised $200 million in Series D funding led by Blackrock, with participation from Capital Group, Glynn Capital Management, and GGV Capital.[23] Domo, Inc. was listed on the NASDAQ Global Exchange on June 29, 2018, with an initial offering of 9,200,000 shares at $21.00 per share.[24]

As of October 2025, the company had never achieved profitability.[25]

Awards and recognition

In May 2024, Domo was named to the Women Tech Council (WTC) 2020 Shatter List for hiring and retaining women in IT careers.[26]

References

  1. ↑ "Domo Announces Fourth Quarter and Fiscal 2025 Financial Results". https://finance.yahoo.com/news/domo-announces-fourth-quarter-fiscal-210500540.html. 
  2. ↑ "Domo (DOMO)". https://www.forbes.com/companies/domo/. 
  3. ↑ Mountain, Dev. "Top 7 Hottest Tech Companies in Utah" (in en-US). KUTV. http://kutv.com/sponsored/spotlight/top-7-hottest-tech-companies-in-utah. 
  4. ↑ 4.0 4.1 "Omniture Co-Founder Launches New Business Intelligence Venture". July 14, 2011. http://www.enterpriseappstoday.com/business-intelligence/domo-saas-business-intelligence.html. 
  5. ↑ 5.0 5.1 5.2 "Business intelligence startup Domo pulls in another $20M". VentureBeat. https://venturebeat.com/2012/01/31/business-intelligence-startup-domo-pulls-in-another-20m/. 
  6. ↑ "Utah's Josh James among 192 Young Global Leaders". The Salt Lake Tribune. http://www.sltrib.com/sltrib/money/53659175-79/leaders-global-james-group.html.csp. 
  7. ↑ Hardy, Quentin (October 24, 2011). "The Big Business of 'Big Data'". The New York Times Blogs. http://bits.blogs.nytimes.com/2011/10/24/big-data/. 
  8. ↑ "On Utah's 'Silicon Slopes,' Tech Jobs Get A Lift". NPR. March 12, 2012. https://www.npr.org/2012/03/12/148252561/on-utahs-silicon-slopes-tech-jobs-get-a-lift. 
  9. ↑ "Domo's Josh James: We're Making Every Employee Embrace Social Media, And It's Paying Off". June 23, 2012. https://techcrunch.com/2012/06/23/domo-social-josh-james/. 
  10. ↑ Ferguson, Joey. "Omniture founder Josh James launches Domo, Inc. business intelligence with $43 million". Deseret News. http://www.deseretnews.com/article/700151469/Omniture-founder-Josh-James-launches-Domo-business-intelligence-with-43-million.html. 
  11. ↑ "Shacho Gets $10M, Buys Corda - silicontap.com". https://www.techrockies.com/shacho-gets---m-buys-corda/s-0035819.html. 
  12. ↑ "Omniture founder obtains $33 mln for start-up". Reuters. July 14, 2011. https://www.reuters.com/article/domo-idUSN1E76C0ZT20110714. 
  13. ↑ "Domo Introduces Updated Version of Domo Everywhere". https://www.cxtoday.com/customer-data-platform/domo-launches-updated-version-of-domo-everywhere/. 
  14. ↑ "Domo BI update includes app development, multi-cloud tools". https://www.techtarget.com/searchbusinessanalytics/news/252514999/Domo-BI-update-includes-app-development-multi-cloud-tools. 
  15. ↑ "Domo to add prebuilt models, chat capabilities to AI suite". https://www.techtarget.com/searchbusinessanalytics/news/366575661/Domo-to-add-prebuilt-models-chat-capabilities-to-AI-suite. 
  16. ↑ "Domo unveils agentic AI toolkit to simplify development". https://www.techtarget.com/searchbusinessanalytics/news/366621048/Domo-unveils-agentic-AI-toolkit-to-simplify-development. 
  17. ↑ "Domo Announces Enhanced Cloud Integration Capabilities with BigQuery". https://finance.yahoo.com/news/domo-announces-enhanced-cloud-integration-200500876.html?guccounter=1&guce_referrer=aHR0cHM6Ly9kb2NzLmdvb2dsZS5jb20v&guce_referrer_sig=AQAAADNPPj0NPw-gub70B_oNcSW63l2QCXJb48mbNjL0VPkd7xaH3t2Wk4NKKtsdR7dqmVAoJmei4V_ZVelSnNgUuLdGSffwdEwqoQtoR-kxW337E-TkSNdqypggpDbSTwC65xE04gLQ5CYz4p_Ibw8bWilS3mv2GZdgv3yPPJBJR3XU. 
  18. ↑ 18.0 18.1 "U.S. Markets closed". September 6, 2012. https://finance.yahoo.com/news/domo-approach-business-intelligence-makes-110000984.html. 
  19. ↑ "Exclusive: Omniture co-founders, business intelligence, SAAS company domo raises $60m". March 11, 2013. https://techcrunch.com/2013/03/11/exclusive-omniture-co-founders-business-intelligence-saas-company-domo-raises-60m-from-ggv-capital-jeff-bezos-greylock-and-others/. 
  20. ↑ "Josh James's Domo, Inc raises $125 million from TPG, others". February 5, 2014. https://www.reuters.com/article/us-venture-investment-domo-idUSBREA141HH20140205. 
  21. ↑ "Domo valued at $2 billion in latest funding, prepares for IPO". April 8, 2015. https://blogs.wsj.com/venturecapital/2015/04/08/domo-valued-at-2-billion-in-latest-funding-prepares-for-ipo/. 
  22. ↑ Chapman, Lizette (2016-03-22). "Domo Raises $131 Million, Creates Fund for App Developers". Bloomberg. https://www.bloomberg.com/news/articles/2016-03-22/domo-raises-131-million-creates-fund-for-app-developers. 
  23. ↑ "Domo Raises Funding From BlackRock With IPO Plans on Hold". Bloomberg.com. 2017-04-27. https://www.bloomberg.com/news/articles/2017-04-27/domo-seeks-200-million-in-funding-as-ipo-plans-remain-on-hold. 
  24. ↑ "DOMO, INC. (DOMO) IPO" (in en-us). https://www.nasdaq.com/markets/ipos/company/domo-inc-841801-87035. 
  25. ↑ "Past Performance" (in en-us). https://koalagains.com/stocks/NASDAQ/DOMO/past-performance. 
  26. ↑ "Domo Named to the Women Tech Council Shatter List for 7th Consecutive Year". 13 May 2024. https://finance.yahoo.com/news/domo-named-women-tech-council-130000383.html. 



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