# Plotly

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

- Industry: Internet
- Headquarters: Montreal, Canada
- Website: www.plot.ly
- Total disclosed funding: $12M
- Latest round: Series B (Nov 1, 2018)
- Investors on record: 7

## About

Plotly, Inc. is a technology company that specializes in creating advanced data visualization and application development tools, enabling users to easily analyze and interpret complex datasets through interactive applications.Plotly, Inc. was founded in 2013 and is headquartered in Montreal, Canada. The company focuses on delivering data visualization solutions and has raised USD 7.1 mn in total funding across five deals, with the latest round being a Grant of USD 1.7 mn led by Scale AI, Inc. on January 14, 2020. Alex Johnson is the founder of the company, which emphasizes enhancing data-driven decision-making through its innovative tools.Plotly Technologies Inc. specializes in providing advanced data visualization and application development tools, primarily through its core offerings: Dash and Plotly Studio. Dash is an open-source framework designed for creating interactive data applications using Python, while Plotly Studio leverages AI to enable users to transform datasets into polished data applications quickly, requiring no coding expertise. These products cater to a diverse clientele, including industries such as finance, healthcare, and energy, with notable users like Uniper, S&P Global, and Intuit. The company primarily serves markets in North America and Europe, focusing on empowering teams to derive actionable insights from their data through visually compelling applications. With over 4 million monthly users, Plotly's solutions facilitate rapid deployments and enhance decision-making processes across various organizational levels.Plotly generates revenue through a subscription-based model for its flagship products, Dash Enterprise and Plotly Studio. Clients typically engage with the company through annual subscriptions, which provide access to enhanced features, robust security, and support services. The pricing structure is tailored for enterprise clients, allowing for scalable implementation across large organizations. By focusing on B2B transactions, Plotly ensures that organizations can effectively deploy data applications in compliance with governance and security requirements. The revenue structure is reinforced by the growing demand for data-driven decision-making tools across multiple sectors, contributing to a consistent revenue stream from its diverse client base.In January 2020, Plotly, Inc. raised USD 1.7 mn in grant funding led by Scale Labs, Inc. This funding is expected to support the development of new products and enhancements to existing tools, with a focus on expanding into new geographic markets in North America and Europe. The company aims to enhance its product suite to better meet the needs of its clients and accelerate the adoption of its data visualization solutions.

## Funding rounds

- Series B, Nov 1, 2018, $7.1M — RHO, MHS Capital, Vanedge Capital, In-Q-Tel, Real Ventures
- Series A, Aug 26, 2014, $3.1M — RHO, N47, MHS Capital, Silicon Valley Bank, Real Ventures
- Seed, Aug 26, 2013, $1.5M — RHO, Real Ventures

## Investors

- RHO (https://capitalatlas.ai/funds/rho) — Seed, Series A, Series B
- Real Ventures — Seed, Series A, Series B
- N47 (https://capitalatlas.ai/funds/n47) — Series A
- MHS Capital (https://capitalatlas.ai/funds/mhs-capital) — Series A, Series B
- Silicon Valley Bank — Series A
- Vanedge Capital (https://capitalatlas.ai/funds/vanedge-capital) — Series B
- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Series B