Sisense (SISE.PVT)
Forge Price is a derived data point that reflects the up-to-date price performance of venture-backed, late-stage companies. Forge Price is calculated by Forge Data based on a proprietary model incorporating pricing inputs from publicly-available primary funding round information, secondary market transactions and indications of interest on Forge and other private market trading platforms. Forge Price is not a quotation, and does not indicate available supply or demand, is solely for informational purposes, and may rely on limited data.
Learn MoreDescription
Sisense provides an AI-driven platform for infusing analytics. The platform aims to provide organizations with the ability to infuse analytics throughout their systems, embedded in both customer and employee applications and workflows. Sisense was founded in 2010 and is headquartered in New York, New York. Notable investors include Opus Capital, Bessemer Venture Partners, and Insight Partners.
Sisense
- Sector:
- Data and Analytics
- Industry: Analytics, Artificial Intelligence (AI), Big Data, Business Intelligence, Data Visualization, Enterprise Software, Information Technology, Software
- Full Time Employees:
- 501
Key Executives
Name | Title |
---|---|
Amir Orad | Chief Executive Officer |
Scott Castle | Chief Strategy Officer |
Key Facts
Sisense has reported partnerships with major cloud platforms like AWS and Microsoft Azure, which they believe will help the company expand its reach and its offerings. The company recently announced a partnership with Barrios, an aerospace company, which will give Sisense access to the aerospace and commercial spaceflight sectors. These are just two of the many industries that Sisense serves as its customer base continues to grow with notable clients including eBay, UiPath, and Wix.
Sisense has achieved significant valuation and funding growth since the company's founding in 2004. At the end of 2023 the company reportedly achieved $150 million of ARR and a positive cash flow after its $100 million funding round led by Insight Partners and other renowned venture capital funds such as Bessemer Ventures Partners, Battery Ventures, and Access. This funding has enabled Sisense to expand its platform and invest in research and development as well as product innovation.
Sisense stated that it is committed to continually publishing 'Sisense product roundup reports' in order to provide their customers with insights into the new capabilities they develop. In February 2025, Sisense published its Embedded AI and product tour, which details the latest tools and updates that they claim will help customers deliver exceptional analytics experiences that can drive engagement, streamline decision-making and help them achieve business goals. These reports offer a level of transparency to Sisense's customers and demonstrate the company's continuing innovation.
Sisense underwent a second round of layoffs in January 2024, 6 months after laying off 100 employees. This new round impacted 60 employees or approximately 13% of its remaining workforce. These layoffs are another negative development for the company as several senior executives departed in 2022 and the company halted recruitment. Not only do these layoffs raise concerns over the company's future funding opportunities and investor confidence, they could also impact Sisenses's operational capacity and employee morale.
Sisense handles sensitive data for enterprises across various industries and can face significant data security and compliance risks. In fact, Sisense experienced a breach in April 2024, which exposed its customers to potential supply chain attacks and could have provided the attacker with a door into the company's customer networks. Any further breaches could result in reputational damages or financial penalties.
Sisense faces strong competition within the business intelligence and analytics space from well-established players like Tableau, Google Data Studio and Qlik, all which offer similar data visualization and analytics capabilities. Sisense must continually differentiate itself if it wants to stay competitive and while generating enough revenue to satisfy investors.