Series B funding for Omni hits $69m

US – Business intelligence platform Omni has raised $69m in a Series B funding round led by Iconiq Growth.

Plant growing from money jar

Colin Zima, chief executive officer at Omniwrote in a blog on Omni’s website that the new funding takes the company to an overall valuation of $650m, with the funding helping the company continue its growth trajectory.

Existing investors Theory Ventures, First Round Capital, Redpoint Ventures, GV and Snowflake Ventures also participated in the latest funding round.

The funding comes almost a year on from a previous $20m funding round, with Omni having launched in 2022 with wider commercial availability from February 2023.

Omni focuses on both internal analytics and customer-facing data products, as well as AI capabilities focused on business intelligence and insights.

In his blog post, Zima said: “I’m incredibly proud of what we’ve built – a true platform to explore data in every way. This funding milestone is just the beginning.

“Thank you to our customers, partners, investors, and our incredible team for making this journey possible. The future of data isn’t fragmented – it’s coming together with Omni.”

We hope you enjoyed this article.
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