Omni Analytics raises $120M Series C funding at $1.5B valuation. April 24, 2026 at 3:16 PM - by MLQ Agent Key points. * Omni Analytics raised $120 million in Series C funding led by ICONIQ, with participation from Theory Ventures, First Round Capital, Redpoint Ventures and GV123. * The round values the company at $1.5 billion, up from $650 million in March 2025, and includes a $30 million employee tender offer14. * Revenue grew 4x year-over-year, tripled year-to-date in 2026, and the company achieved profitability last month14. * Founded in 2022 by ex-Looker co-founders, Omni provides an AI analytics platform with a governed semantic data layer for enterprise customers34. * Funds will support platform development, enterprise expansion and scaling of AI features34. Omni Analytics, a San Francisco-based AI analytics platform founded by former Looker co-founders, announced a $120 million Series C funding round on April 23, 2026, at a $1.5 billion valuation. The round, led by ICONIQ with participation from existing investors, includes a $30 million employee tender offer and follows strong revenue growth. Funding details and investors. ICONIQ led the $120 million Series C round, with participation from Theory Ventures, First Round Capital, Redpoint Ventures and GV. This brings Omni's total funding to about $217 million 4. The valuation doubles the company's previous $650 million mark from March 2025 14. The employee tender offer provides liquidity to staff 12. Company background and growth. Founded in 2022 and based in San Francisco, Omni unifies business intelligence with AI through a governed semantic data layer that offers shared metrics, permissions and Git version control 134. Customers include BambooHR and Mercury. The platform serves as a trusted source of truth for AI by turning company data into a context graph for the enterprise 1. Revenue performance and use of funds. Omni reported 4x year-over-year revenue growth, with revenue tripling year-to-date in 2026, and achieved profitability for the first time last month 14. Companies are consolidating legacy BI tools, accelerating AI adoption and building AI data products with Omni 12. Proceeds will fund platform development, enterprise sales expansion, more integrations and agentic AI features 34. Valuation surge drivers. Omni's valuation jump from $650 million to $1.5 billion in just over a year underscores investor confidence in AI-driven analytics amid enterprise demand for reliable data infrastructure 14. The 4x revenue growth and recent profitability signal strong product-market fit, particularly as businesses shift from traditional BI tools to AI-integrated platforms 1. The governed semantic layer addresses key enterprise challenges like data trust and permissions, differentiating Omni in a crowded market 1. Inclusion of a $30 million tender offer reflects maturity, allowing employee liquidity while retaining talent during rapid scaling 14. Enterprise AI expansion. Omni plans to accelerate enterprise expansion and develop agentic AI features, aiming to build institutional memory that evolves over time 4. With funds targeted at integrations and sales, the company could capture more market share from legacy BI providers as AI adoption grows 34. Revenue trajectory suggests potential for further milestones, including broader profitability and possible IPO preparation 4. Competition in AI analytics will intensify, but Omni's focus on governance positions it for sustained growth in enterprise settings. Further sources. Written with AI assistance, verified and edited by its team. Questions? Contact MLQ.ai.

Omni raises Series C at $1.5B valuation, building the AI Analytics platform for the enterprise. Revenue tripled year to date after growing 4x last year, driven by enterprise AI adoption SAN FRANCISCO-BUSINESS WIRE- Omni, the AI Analytics platform, today announced its Series C funding round raising $120M at a $1.5B valuation, led by ICONIQ with participation from existing investors Theory Ventures, First Round Capital, Redpoint Ventures, and GV. The round includes a $30M employee tender offer. The round marks a significant step-up from Omni's previous $650M valuation in March 2025, driven by 4x year-over-year revenue growth from companies consolidating legacy BI use cases, accelerating AI adoption, and building AI data products with Omni. "AI isn't replacing analytics, it's expanding it," said Colin Zima, CEO & co-founder of Omni. "Dashboards and spreadsheets aren't going away, but now anyone can get instant answers without technical expertise. To capture that advantage, you need to build for it. This is how data work is changing. Our customers are already doing it - they're encoding their business context and using AI to work smarter." As companies race to connect AI to their data, many attempts fail. Most AI tools generate queries without understanding business context. They ignore permissions and return numbers that stakeholders can't verify and trust. The gap between AI spending and AI accuracy has become one of the pernicious problems in the enterprise. Omni was built for this problem. The platform is built on a semantic model, a governed context graph that stores metric definitions, business logic, and permissions for your business. The same model powers dashboards, workbooks, spreadsheets, ad-hoc SQL, and AI queries. When AI generates a query, it uses the model's definitions and access controls. The result is a governed answer, the same answer a trained data analyst would produce. What you build for great business intelligence also powers great artificial intelligence. Customers are already seeing this in production. "There's relevant, untapped business context everywhere," said Sarah Fischbach, Staff Analytics Engineer at Checkr. "Omni stands out because it makes all of our knowledge structured and durable for smarter AI. It gets more valuable as more people and more AI tools depend on it. Building in Omni's governed context graph lets us capture institutional knowledge that compounds." The approach is working at scale. BambooHR launched its Elite Analytics product to 30,000+ people in the first four months and now serves 100,000+ people with Omni. Cribl scaled company-wide self-service AI analytics after fully migrating to Omni in three months. Guitar Center consolidated multiple BI tools into Omni and built a governed, context-rich foundation for AI to serve every team. Omni's agentic capabilities extend the model's value beyond the core platform. Users can query governed data from Claude, ChatGPT, Cursor, and VS Code. Queries inherit the same business logic and permissions as native Omni queries. Users stay in the tools they already use. Data stays governed. This makes Omni the semantic foundation for both native and external AI agents. "The barrier in data has shifted from access to understanding," said Matt Jacobson, Partner at ICONIQ. "Everyone can ask questions, but without a shared layer of business context, the answers can break down. We believe the real problem was never accessibility - it was trust. And we believe Omni is building the missing layer. Data analytics is one of the top workloads for AI agents, and Omni is building a governed data layer to help those agents to get it right. We believe they will be the leading platform in the data analytics category." Omni integrates with Snowflake, Google BigQuery, Databricks, Amazon Redshift, Postgres, ClickHouse, and other major data platforms. Customers include BambooHR, Checkr, Cribl, dbt Labs, Guitar Center, Heidi AI, Mercury, Pendo, and Synthesia. About Omni Omni is the AI analytics platform. Omni turns company data into a trusted source of truth for AI. Built on a semantic model that provides shared metrics, permissions, and Git version control, Omni is the governed context graph for the enterprise. It connects to the company data estate and serves as the semantic foundation for native and external AI agents. Users ask questions in plain English, refine results in workbooks, and bring Omni intelligence into the tools teams already use. For more information, visit omni.co. Contact details:

Omni raises $120M in Series C funding, at $1.5B valuation. April 23, 2026 Omni, a San Francisco, CA-based provider of an AI Analytics platform, raised $120M in Series C funding, at a $1.5B valuation. The round was led by ICONIQ with participation from existing investors Theory Ventures, First Round Capital, Redpoint Ventures, GV, and included a $30M employee tender offer. The company intends to use the funds to expand operations and its development efforts. Led by CEO Colin Zima, Omni is a provider of an AI analytics platform that turns company data into a source for AI. Built on a semantic model that provides shared metrics, permissions, and Git version control, the platform becomes the governed context graph for the enterprise. The solutions connects to the company data estate and serves as the semantic foundation for native and external AI agents. Omni integrates with Snowflake, Google BigQuery, Databricks, Amazon Redshift, Postgres, ClickHouse, and other major data platforms. Customers include BambooHR, Checkr, Cribl, dbt Labs, Guitar Center, Heidi AI, Mercury, Pendo, and Synthesia. Don't just read the news. Own the data. Stop manually tracking deals. Access this round and over 100 others this week - in our structured Master Database (XML) + Weekly Intelligence PDF. [Access FinSMEs Intelligence Hub] 23/04/2026