# Alteryx

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alteryx

- Industry: Software
- Headquarters: Irvine, US
- Website: www.alteryx.com
- Total disclosed funding: $163M
- Latest round: Series C (Sep 23, 2015)
- Investors on record: 5

## About

Alteryx, Inc. is a US-based analytics automation company that provides a powerful platform for data analytics, integrating artificial intelligence and machine learning to streamline the data workflow process.Founded in 2010 and headquartered in Irvine, California, Alteryx, Inc. specializes in analytics automation solutions. The company underwent a significant pivot in its business model with its transition from private to public, marked by its IPO in 2017. The company has successfully closed 8 deals, with its most recent funding round being a Public to Private deal where it raised USD 4,400 mn from notable investors Clearlake Capital Group L.P and Insight Partners.Alteryx offers a comprehensive analytics automation platform designed to facilitate data analytics through seamless integration of artificial intelligence and machine learning capabilities. Their core product, Alteryx One, enables users to build, automate, and scale analytics while providing a unified interface for data preparation, predictive analytics, and visualization. With features such as the AI Data Clearinghouse, Alteryx provides organizations with the ability to govern, contextualize, and orchestrate enterprise data, ensuring compliance and trust in AI outputs. The platform caters to a diverse clientele, including sectors such as retail, financial services, manufacturing, and education, with notable users like DoorDash, Nielsen, and McLaren Racing. Alteryx has a global market presence, with its products utilized across North America, Europe, and Asia-Pacific regions, empowering business users to access and analyze data insights effectively.Alteryx generates revenue primarily through a subscription model, offering tiered pricing plans that cater to various organizational needs. For the most recent fiscal year 2023, the company reported revenue of USD 970.00 mn and an EBITDA of USD -130.00 mn. Clients typically engage with the company on a software-as-a-service basis, signing contracts for access to the analytics platform and associated tools. The flagship offerings, including Alteryx Designer and Alteryx Server, are central to their revenue structure, providing businesses with a robust platform for automating data workflows and generating insights. Transactions are structured as annual or multi-year subscriptions, which allow organizations to leverage the platform’s capabilities while receiving ongoing updates and support. Alteryx also partners with key technology players to enhance its service offerings, thereby reinforcing its value proposition in the analytics landscape.In March 2017, Alteryx, Inc. raised USD 126 mn in an IPO, selling 9 million shares at USD 14 each under the ticker symbol "AYX" on the NYSE. The company plans to utilize the funds to expand its operations internationally, invest in research and development, and increase its sales and marketing efforts. Future product launches and enhancements are in progress, with the company targeting further penetration into European and Asian markets by 2025.

## Funding rounds

- Series C, Sep 23, 2015, $85M — Meritech Capital Partners, Insight Partners, ICONIQ Capital
- Series B, Sep 1, 2014, $60M — Insight Partners, Sapphire Ventures, Toba Capital
- Series A, May 20, 2013, $12M — Sapphire Ventures, Toba Capital
- Series A, Apr 5, 2011, $6M — Sapphire Ventures

## Investors

- Sapphire Ventures (https://capitalatlas.ai/funds/sapphire-ventures) — Series A, Series B
- Toba Capital (https://capitalatlas.ai/funds/toba-capital) — Series A, Series B
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B, Series C
- Meritech Capital Partners (https://capitalatlas.ai/funds/meritech-capital-partners) — Series C
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series C
