ThoughtSpot authorized enough shares for a $248 million raise at a valuation of $1 billion, if all shares authorized are issued. The BI analytics software company is previously backed by General Catalyst, Khosla, Lightspeed, Future Fund, and Sapphire Ventures to name a few. The most recent round, Series E, follows the $145 million raised for Series D valuing the company at $888 million. The terms surrounding the Series E include a pari passu liquidation with all other preferred, and conventional convertible meaning they will not participate with common stock if there are remaining proceeds. The most recent price per share is $13.8263, an up round from Series D at $9.6852.
ThoughtSpot is currently a Prime Unicorn Index component. Here’s how they are currently tracking against the index:
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