Domo

Domo

Cloud-based business intelligence platform for data-driven decisions

About

Domo is a cloud-based platform that enables businesses to make informed decisions by providing access to data-driven insights. It integrates data from various sources and processes it to deliver real-time visualizations and predictive analytics. This functionality allows companies to better understand their data and take immediate action based on the insights provided. Domo caters to a diverse clientele, including small businesses and large enterprises in sectors like retail, logistics, and real estate, with notable clients such as DHL and Zillow. What sets Domo apart from its competitors is its cloud-native architecture, which combines data integration, visualization, and app-building features, making it easier for businesses to adapt to changing conditions. The company's goal is to empower organizations to leverage their data effectively, enhancing efficiency and decision-making processes.

Company Stage

IPO

Employees

1,001-5,000

Industries

Data & Analytics, Enterprise Software

Total Funding

$695.2M

Headquarters

N/A

Founded

2010


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Simplify's Take

What believers are saying

  • Domo's recognition as a leader in the Dresner Advisory Services' Wisdom of Crowds Business Intelligence Market Study underscores its strong market position.
  • Winning multiple awards, such as the Forrester B2B Program of the Year and the Communicator Award, highlights Domo's industry influence and innovation.
  • Strategic partnerships with companies like GNW Consulting and Manulife demonstrate Domo's ability to drive significant business results for its clients.

What critics are saying

  • The rapidly evolving BI and data analytics market requires continuous innovation to maintain a competitive edge.
  • Dependence on a subscription-based model means that customer retention is crucial; any decline in customer satisfaction could impact revenue.

What makes Domo unique

  • Domo's cloud-native platform uniquely combines data integration, visualization, and app-building capabilities, setting it apart from traditional BI tools.
  • The company’s focus on real-time insights and predictive analytics allows businesses to act immediately on data, a significant advantage over competitors with slower processing times.
  • Domo Central, their user community, enhances customer engagement and loyalty, providing a strategic edge in customer retention.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-5%

2 year growth

4%

Benefits

20 days paid time off (increasing 1 day per year to a maximum of 25)

13 paid holidays

10 weeks paid maternity leave

2 weeks paid paternity leave

Life insurance

Short-term disability insurance

Long-term disability insurance

Employee gym membership and wellness program

Rich traditional PPO medical plan

High-deductible health plan with high employer HSA contribution

High employer premium cost sharing

Adult and child orthodontic benefit

Tech benefit – $500 reimbursement for tablet PCs (We told you we love technology!)

Rich employer 401K match

Free catered lunch and dinner daily

Fully stocked break room

Professional development benefit

Maternity wardrobe benefit

New baby benefit

Adoption benefit

Fertility benefit

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