ThoughtSpot Announces Leadership Change for Next Phase of Growth and Innovation

Co-founder and Executive Chairman Ajeet Singh leads Office of the CEO while board initiates search for the CEO successor

Mountain View, California — February 26, 2024 — ThoughtSpot, the AI-Powered Analytics company, today announced that Sudheesh Nair has elected to step down as Chief Executive Officer (CEO) as the company prepares to pass $150M in ARR and enter a new era of growth.

While the Board conducts an external search for a permanent successor, ThoughtSpot Co-Founder and Executive Chairman, Ajeet Singh, will lead the business alongside members of the executive leadership team in the newly formed Office of the CEO, which includes Chief Development Officer, Sumeet Arora, Chief Financial Officer, Mohit Daswani and Chief Revenue Officer, Jeff Depa. With a proven track record of collaborative leadership, the Office of the CEO is well-equipped to lead ThoughtSpot during the search for a permanent CEO.

“I am extremely proud of our team and what ThoughtSpot has accomplished over the last five years. From building our SaaS platform to launching our embedded solution, the company has transformed and pushed the industry to new heights in the process,” said Sudheesh Nair. “With this foundation and the incredible team, I know that ThoughtSpot will continue to drive innovation and deliver value for customers and partners as the company embarks on its next chapter.”

“We are extremely grateful for the growth the company has experienced during Sudheesh’s tenure, notably transforming to a SaaS offering, advancing to a multi-product strategy with ThoughtSpot Everywhere and Mode, and enhancing our leadership in applying AI to analytics,” said Ajeet Singh. “ThoughtSpot has delivered over a decade of innovation in data democratization through self-serve analytics based on search and AI, and today serves over 1,000 customers, from Global 2000 to high growth digital-natives. I am confident in our team’s ability to drive value for customers and build industry-leading solutions as we conduct a search for a permanent successor to take ThoughtSpot through the next phase of growth.”

About ThoughtSpot

ThoughtSpot is the AI-Powered Analytics company. Our mission is to create a more fact-driven world with the easiest to use analytics platform. With ThoughtSpot, anyone can leverage natural language search powered by large language models to ask and answer data questions with confidence. ThoughtSpot enables everyone within an organization to limitlessly engage with live data in any popular cloud data platform, making it easy to create and interact with granular, hyper-personalized, and actionable insights. Customers can take advantage of both ThoughtSpot’s web and mobile applications to improve decision-making for every employee, wherever and whenever decisions are made. With ThoughtSpot’s low-code developer-friendly platform, ThoughtSpot Everywhere, customers can also embed AI-Powered Analytics to their products and services, monetizing their data and engaging users to keep them coming back for more. Organizations like BT, Snowflake, Daimler, CVS, Medtronic, Royal Bank of Canada, Nasdaq, OpenTable, Capital One, Huel, and Comcast rely on ThoughtSpot to transform how their employees and customers take advantage of data. Try ThoughtSpot today and see for yourself.