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Company pair · Software
VS

Alation vs ThoughtSpot

Software Both private US-headquartered No Canborsa market

Alation and ThoughtSpot are often weighed against each other in software.

On this pageSide by sideValuation marksWhat each disclosesVerdictFAQ
AlationPRIVATE · US
ThoughtSpotPRIVATE · US
VS
Last valuation$1.7B$4.2B
Basis Post-money Post-money
As ofNov 2022Nov 2019
Founded20122012
Employees≈700≈600
On CanborsaNo marketNo market
At a glance
$1.7B
AlationPost-money, Series E · Nov 2022
$4.2B
ThoughtSpotPost-money, Series F · Nov 2019
2.47×
GapBoth post-money, 36 months apart
0 of 2
On CanborsaNeither company has a market
VS
Head-to-head · field by field

Alation vs ThoughtSpot — side by side

Field
AlationPRIVATE · FOUNDED 2012
ThoughtSpotPRIVATE · FOUNDED 2012
VS
Last valuation
$1.7B Post-money
$4.2B Post-money
Valuation date
1 Nov 2022
1 Nov 2019
Valuation basis
Post-money
Post-money
Latest round
Series E
Series F
Round size
$123M
$100M
Named investors
Costanoa Ventures Data Collective Riverwood Capital Sanabil Investments
Lightspeed Venture Partners Khosla Ventures General Catalyst Partners Hewlett Packard Pathfinder
Founded
2012
2012
Employees (est.)
≈700
≈600
Sector & HQ
Computer software (enterprise data catalog) · 🇺🇸 US
Analytics / business intelligence software · 🇺🇸 US
Status & market
Private — no Canborsa market
Private — no Canborsa market
Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $1.7B for Alation (post-money, Nov 2022) and $4.2B for ThoughtSpot (post-money, Nov 2019).

Alation
$1.7BPost-money · Nov 2022
ThoughtSpot
$4.2BPost-money · Nov 2019
ALATION · $1.7B · NOV 2022THOUGHTSPOT · $4.2B · NOV 2019
Alation vs ThoughtSpot · what each company discloses

What each company discloses, and what it leaves out

AlationPRIVATESoftware · US · 2012
+Last disclosed mark $1.7B — post-money, Nov 2022.
+Founded 2012 .
+≈700 employees.
+Latest round: Series E, $123M raised, led by Thoma Bravo.
ThoughtSpotPRIVATESoftware · US · 2012
+Last disclosed mark $4.2B — post-money, Nov 2019.
+Founded 2012 .
+≈600 employees.
+Latest round: Series F, $100M raised.
Verdict

Verdict

The $1.7B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
How much capital arrived with it:$123M, led by Thoma Bravo in Nov 2022.
A dated print: it moves only when a newer round is announced.
The $4.2B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
How much capital arrived with it:$100Min Nov 2019.
A dated print: it moves only when a newer round is announced.

Both marks are post-money, so 2.47× compares like with like. Both are private: there is no public quote and no Canborsa market on either name.

Frequently asked questions

Are Alation and ThoughtSpot in the same sector?›

Alation's sector is Computer software (enterprise data catalog); ThoughtSpot's sector is Analytics / business intelligence software.

Which is worth more, Alation or ThoughtSpot?›

Alation is valued at $1.7B, and ThoughtSpot at $4.2B.

How much capital have Alation and ThoughtSpot raised in total?›

Alation has raised $315M in total; ThoughtSpot has raised $737.7M.

When did Alation and ThoughtSpot last raise funding?›

Alation's most recent round was Series E, raising $123M in November 2022; ThoughtSpot's was Series F-1, raising $124M in July 2023.

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