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- Pyramid Analytics
Pyramid Analytics Acquisition, Valuation, Funding & Investors
Pyramid Analytics was acquired by ServiceNow in February 2026.
Cumulative funding Pyramid Analytics raised
$244M
across 6 funding rounds
Key investors in Pyramid Analytics
Sequoia Capital
Jerusalem Venture Partners (JVP)
Maor Investments
Viola Growth
BlackRock
Kreos Capital
H.I.G. Growth Partners
Clal Insurance
About Pyramid Analytics
Pyramid Analytics is a Tel Aviv-headquartered developer of the Decision Intelligence Platform uniting data preparation, business analytics, and data science in a no-code environment with AI assistance. The platform connects to diverse data sources for self-service reporting and predictive modeling, deployed by enterprises in finance, retail, and manufacturing globally since its 2014 launch.
Founded
2008
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Subscription
Valuation
$900M (May 2022)
Pyramid Analytics Acquisition
Pyramid Analytics was acquired by ServiceNow for an undisclosed price on 12 February 2026.
Before the acquisition Pyramid Analytics had raised $244M across 6 funding rounds.
ServiceNow agreed to acquire Pyramid Analytics, an Amsterdam-based business intelligence software company, on 12 February 2026, with the deal closing on 10 March 2026. ServiceNow has not disclosed the purchase price; some press reports estimated it in the hundreds of millions of dollars, while a ServiceNow spokesperson described the purchase as immaterial to its financial results. Pyramid Analytics, founded in 2009 and employing about 200 people, makes an enterprise analytics platform spanning self-service data visualization to large-scale, machine-learning-driven deployments. ServiceNow plans to use the acquisition to give more of its workflow customers direct access to business intelligence and analytics.
| Acquirer | Date | Type |
|---|---|---|
| 12 Feb 2026 | Strategic M&A |
Sources: en.globes.co.il, theregister.com, servicenow.com
Pyramid Analytics Valuation
Pyramid Analytics is currently valued at $900M, based on its Series E in May 2022.
The $120M round was led by H.I.G. Growth Partners, with participation from Viola Growth, Kreos Capital, Jerusalem Venture Partners (JVP), Maor Investments, Kingfisher Capital and 3 other investors.
Pyramid Analytics valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| May 2022 | Series E | $900M |
Pyramid Analytics Funding History
Pyramid Analytics has raised a total of $244M across 6 funding rounds.
Pyramid Analytics' first fundraising round was a $6M Series A in March 2013. The most recent completed round was a $50M undisclosed-stage round in November 2024.
Pyramid Analytics funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Nov 2024 | Undisclosed stage | BlackRock (lead) | $50M | - | Pyramid Analytics is an AI-driven analytics and decision intelligence platform founded in 2009 by Omri Kohl, Avi Perez, and Herbert Hochman, with offices in Amsterdam, London, New York City, and Tel Aviv. The company provides an all-in-one solution combining data preparation, business intelligence, and data science, using machine learning and AI integrated throughout the data lifecycle to simplify analytics and improve decision-making. In November 2024, Pyramid Analytics secured $50 million in new financing from funds and accounts managed by BlackRock Capital Investment Advisors. This investment followed a Series E round in May 2022 in which the company raised $120 million, bringing total historical funding to over $200 million. The company's customer base includes enterprise and Fortune 2000 organizations such as the U.S. FDA, Hallmark, Deloitte, and Volkswagen. Pyramid has achieved significant market recognition, being named a Visionary in Gartner's 2024 Magic Quadrant for Analytics and Business Intelligence Platforms and receiving the highest rank in all four use cases of Gartner's 2024 Critical Capabilities report, surpassing established competitors including Power BI, Tableau, MicroStrategy, and Qlik. The company also ranked number one in 17 different KPIs on BARC's 2025 BI and Analytics Survey and was recognized as a leader in 52 KPIs across various groups. BlackRock's investment reflects the firm's strategy to back innovative software and technology businesses positioned at the intersection of data analytics and AI, segments the investor identified as experiencing robust secular growth. |
| May 2022 | Series E | H.I.G. Growth Partners (lead); Viola Growth; Kreos Capital; Jerusalem Venture Partners (JVP); Maor Investments; Kingfisher Capital; Sequoia Capital; Clal Insurance; General Oriental | $120M | $900M | Pyramid Analytics, a decision intelligence platform provider based in London, New York City, and Tel Aviv (incorporated in Amsterdam), closed a $120 million Series E funding round in May 2022, led by H.I.G. Growth Partners with participation from Clal Insurance Enterprises Holdings, General Oriental Investments, Kingfisher Capital, Jerusalem Venture Partners (JVP), Maor Investments, Sequoia Capital, and Viola Growth, bringing total funding raised to over $200 million (specifically $211 million per TechCrunch). The round was completed at a nearly $1 billion valuation and was oversubscribed by $20 million. Funds are earmarked for hyper-growth, global expansion, hiring (from 245 to nearly 350 employees by year-end), and enhancing augmented analytics capabilities combining data prep, business analytics, data science, and AI in a single governed self-service environment. The Pyramid Platform targets enterprise analytics needs, enabling instant data access, automated self-service for all users, and serving diverse analytics from simple to sophisticated, with over 1 million decision-makers relying on it and 2,450 customers including the U.S. Department of Veterans Affairs. CEO Omri Kohl highlighted its differentiation in scaling data-driven decisions amid complex tools, positioning it as a first-mover in augmented analytics and decision intelligence. In May 2022, Pyramid ranked first in Gartner's Critical Capabilities for Analytics and BI Platforms for the Augmented Analytics use case, scoring top 5 across four use cases among 20 vendors. The platform reduces cost and complexity while accelerating innovation, competing in a crowded BI and analytics market with vendors like Noogata and Fractal Analytics. |
| Feb 2020 | Series D | Jerusalem Venture Partners (JVP) (lead); Viola Growth; Maor Investments; Sequoia Capital | $25M | - | - |
| Dec 2018 | Series C | Jerusalem Venture Partners (JVP); Maor Investments; Sequoia Capital | $13M | - | - |
| Dec 2015 | Series B | Sequoia Capital | $30M | - | Pyramid Analytics is a business intelligence software company founded in 2009, headquartered in Amsterdam with offices in Tel Aviv, London, Seattle, and elsewhere, providing data-driven decision-making tools for organizations, competing with Tableau, Qlik, and Microsoft Power BI. In March 2013, it closed an $11.5 million funding round led by Sequoia Capital to support its platform for business users at all levels. On October 20, 2015, Pyramid Analytics raised $30 million in a growth equity round led by Viola Private Equity, with additional investment from existing investor Sequoia Capital, to expand its workforce, strengthen partner ties, improve sales pipeline, build market share, and leverage momentum following a Microsoft Power BI alliance. Subsequent rounds included a $25 million growth equity funding in March 2020 led by Jerusalem Venture Partners (JVP), with participation from Sequoia Capital, Viola Growth, and Maor Investments, aimed at global expansion, partnerships, and product development amid crisis resilience. In May 2022, Pyramid closed an oversubscribed $120 million Series E led by H.I.G. Growth Partners, with Clal Insurance, Kingfisher Capital, General Oriental Investments, and prior investors including Sequoia, JVP, Maor, and Viola Growth, bringing total VC raised to over $211 million to drive hyper-growth in decision intelligence, targeting a $215.7 billion market. |
| Mar 2013 | Series A | Sequoia Capital (lead) | $6M | - | Pyramid Analytics announced the closing of a Series A funding round of $11.5 million led by Sequoia Capital in March 2013. The Amsterdam-based company develops a business intelligence platform designed to bring data-driven decision making to business users at all levels within organizations. The platform integrates reporting, analytics, and dashboards into a single web-based solution. Sequoia Capital partner Haim Sadger highlighted the company's vision for enabling business users to access information meaningfully, addressing the challenge that despite ubiquity of data, enabling data-driven decision making remains difficult for organizations of all sizes. The company would go on to raise additional funding rounds, including a $30 million Series B in October 2015 and eventually a $120 million Series E in May 2022. |
Who has invested in Pyramid Analytics?
10 investors have backed Pyramid Analytics across its funding rounds, including Sequoia Capital, Jerusalem Venture Partners (JVP), Maor Investments, Viola Growth, BlackRock and Kreos Capital.
Lead investors include BlackRock, H.I.G. Growth Partners, Jerusalem Venture Partners (JVP) and Sequoia Capital.
Pyramid Analytics Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 5 | Lead | Mar 2013 | ||
| 3 | Lead | Dec 2018 | ||
| 3 | Participant | Dec 2018 | ||
| 2 | Participant | Feb 2020 | ||
| 1 | Lead | May 2022 | ||
| 1 | Participant | May 2022 | ||
| 1 | Lead | Nov 2024 | ||
| 1 | Participant | May 2022 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialPyramid Analytics Competitors
Pyramid Analytics competitors include listed companies like Beijing Join-Cheer and WingArc1st, and private ones like SecurityScorecard, GWI, EcoVadis and Govini.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $900M | - | ||
| Publicly listed | $386M | $11M | $865M | - | ||
| Private | - | - | $850M | - | ||
| Private | $115M | - | $1B | 8.7x | ||
| Private | $100M | - | $1B | 10.0x | ||
| Publicly listed | $199M | $70M | $747M | 3.3x |
Pyramid Analytics Public Comps
Pyramid Analytics is no longer listed, but its public comps include Beijing Join-Cheer, WingArc1st, Similarweb, Cognyte Software, Clarivate, Plus Alpha Consulting, Red Violet, Latent View Analytics, Claritev and Happiest Minds Technologies.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $386M | $11M | 1.9x | - | 68.9x | - | |||
| $199M | $70M | 3.5x | 3.3x | 10.0x | 10.5x | |||
| $283M | ($15M) | 2.5x | 2.3x | (48.6x) | 26.2x | |||
| $400M | $21M | 1.5x | 1.4x | 27.6x | 9.8x | |||
| $2.5B | $829M | 2.1x | 2.2x | 6.3x | 5.3x | |||
| $110M | $36M | 4.2x | 3.8x | 12.9x | 9.4x | |||
| $90M | $24M | 13.2x | 11.7x | 50.0x | 31.7x | |||
| $111M | $27M | 4.4x | 4.0x | 17.8x | 18.2x | |||
This data is available for Pro users. Sign up to see all Pyramid Analytics competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Pyramid Analytics
| When was Pyramid Analytics founded? | Pyramid Analytics was founded in 2008. |
| Where is Pyramid Analytics headquartered? | Pyramid Analytics is headquartered in Amsterdam, Netherlands. |
| Is Pyramid Analytics publicly listed? | No, Pyramid Analytics was acquired by ServiceNow in February 2026. |
| Who acquired Pyramid Analytics? | Pyramid Analytics was acquired by ServiceNow in February 2026. |
| What is Pyramid Analytics' valuation? | Pyramid Analytics was last valued at $900M in its Series E in May 2022. |
| How much funding has Pyramid Analytics raised? | Pyramid Analytics has raised $244M across 6 funding rounds. |
| What was Pyramid Analytics' last funding round? | Pyramid Analytics' last funding round was a $50M undisclosed-stage round in November 2024, led by BlackRock. |
| Who are Pyramid Analytics' investors? | Pyramid Analytics' investors include Sequoia Capital, Jerusalem Venture Partners (JVP), Maor Investments, Viola Growth, H.I.G. Growth Partners, Kreos Capital, BlackRock, Kingfisher Capital, Clal Insurance and General Oriental. |
| Which companies are comparable to Pyramid Analytics? | Companies comparable to Pyramid Analytics include SecurityScorecard, Beijing Join-Cheer, GWI, EcoVadis, Govini and WingArc1st. |
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