Funding round
ThoughtSpot Series G
ThoughtSpot, which works in AI-Driven analytics platform development in Mountain View, raised $248M in a Series G round announced on 13 Oct 2025, led by Lightspeed and Khosla Ventures, at a $4.20B post-money valuation. 2 firms took part. It is ThoughtSpot's seventh venture round on record; the one before was a Series F in Nov 2021.
$248M
Amount raised
$4.20B
Post-money valuation
2
Investors
2 leads
1.0x
Step-up from the Series F
$4.20B in Nov 2021
5.9%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced ThoughtSpot at $4.20B after the new money, 1.0 times the $4.20B of its Series F (Nov 2021). The $248M bought investors about 5.9% of the company. It came 47 months after ThoughtSpot's Series F. It is 28% of the $881M ThoughtSpot has raised in the venture rounds on record. No later venture round is on record for ThoughtSpot.
ThoughtSpot's funding rounds
ThoughtSpot has 7 venture rounds on record. This one is highlighted.
- Series B 18 Jun 2014, led by Khosla Ventures $30M
- Series C 19 May 2016, led by General Catalyst $50M
- Growth 17 Aug 2017, led by Lightspeed Venture Partners $60M
- Series D 8 May 2018, led by Lightspeed Venture Partners $145M
- Series E 28 Aug 2019, led by Silver Lake $248M$1.95B post-money
- Series F 15 Nov 2021, led by March Capital $100M$4.20B post-money
- Series G this round 13 Oct 2025, led by Lightspeed and Khosla Ventures $248M$4.20B post-money
Investors
Who put money in
Lightspeed and Khosla Ventures led the round.
Lead investors
- Lightspeed new investor
- Khosla Ventures backs 396 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
8 Series G rounds in Tech Companies within a year either side disclosed an amount; the median was $475M, and this round was 52% of the median. The closest in time, other companies' Series G rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Clio Tech Companies | 10 Nov 2025 | $500M | $5.00B | New Enterprise Associates |
| Anthropic Tech Companies | 12 Feb 2026 | $30.00B | $380.00B | GIC and Coatue |
| Cato Networks Tech Companies | 30 Jun 2025 | $359M | $4.80B | Vitruvian Partners and ION Asset Management |
| Rippling Tech Companies | 9 May 2025 | $450M | $16.80B | not named |
| Addepar Tech Companies | 13 May 2025 | $230M | $3.25B | Vitruvian Partners and WestCap |
| Rebel Foods Tech Companies | 22 Apr 2025 | $25M | $1.61B | not named |
| Cyera Tech Companies | 10 Jun 2026 | $600M | $12.00B | Evolution Equity Partners |
| Whatnot Tech Companies | 10 Aug 2026 | $545M | $20.00B | ICONIQ and Lightspeed Venture Partners |
Questions
Frequently asked
How much did ThoughtSpot raise in its Series G round?
ThoughtSpot raised $248M in its Series G round, announced in Oct 2025.
Who led ThoughtSpot's Series G round?
Lightspeed and Khosla Ventures led it.
What was ThoughtSpot's valuation at the Series G round?
$4.20B post-money.
How does it compare with other Series G rounds in Tech Companies?
8 Series G rounds in Tech Companies within a year either side disclosed an amount; the median was $475M, and this round was 52% of the median.