Omni’s projected to reach $30M ARR by year-end — representing 4x growth

SAN FRANCISCO--(BUSINESS WIRE)--

Omni, the business intelligence and embedded analytics platform with a built-in semantic layer, announced the acquisition of Explo, a leading embedded analytics company. The acquisition comes during a period of rapid growth for Omni, with projected annual recurring revenue (ARR) reaching $30 million by the end of 2025, representing 4x year-over-year growth after 10x growth in 2024. Omni expects to double ARR again in 2026, driven by growing demand for a unified analytics platform that delivers trustworthy AI across both internal and customer-facing use cases.

Omni helps companies improve self-service, accelerate AI adoption, and build customer-facing data products — all from a single platform. Whether users prefer AI, spreadsheets, SQL, or point-and-click, Omni makes it easy for anyone to explore and act on data. At the core of Omni’s platform is a built-in semantic layer that ensures consistency, trust, and AI readiness. Omni’s semantic layer is capable of integrating with other semantic layers, providing customers with the flexibility to connect with the most widely used storage, processing, and modeling tools.

“The Explo team built a product customers love in a crowded market — that’s not easy, and it says a lot about their quality and focus,” said Colin Zima, CEO and co-founder of Omni. “We see an opportunity to learn from their team and customers, and to bring them onto a platform that can grow with them. It’s a step toward helping more teams manage all of their analytics use cases — no matter what tools they’re using today.”

Under the terms of the acquisition, Explo will become a wholly owned subsidiary of Omni. Explo's platform will continue to operate for the next 12 months while Explo's founders, Andrew Chen and Gary Lin, along with members of the Explo team, work closely with customers to support migrations and ensure a smooth transition to Omni. Existing Explo customers will continue to receive full platform access and support during this period.

“Omni is the right long-term home for Explo. We're excited to join them and provide our customers more power and flexibility, with the same focus on speed and support,” said Gary Lin, CEO and co-founder of Explo.

The acquisition adds to Omni’s momentum as it expands globally and delivers rapid product development. In the past year, Omni has:

Raised its Series B led by ICONIQ

Delivered 10x growth in 2024 and is pacing 4x in 2025 to reach $30M ARR by year-end

Expanded internationally, including new operations in APAC

Added hundreds of new customers, including Cribl, dbt Labs, Guitar Center, and Hightouch

Released product features every week, including launching an MCP Server, Agentic Analytics, and new Spreadsheet functionality

“Omni's ability to pair strong growth with real product velocity and operational discipline is rare,” said Matt Jacobson, Partner at ICONIQ. “AI success in analytics is not about crafting better prompts – it is about building deep context into the data itself. Omni is purpose-built to deliver exactly that.”

About Omni

Omni is a business intelligence and embedded analytics platform that helps customers improve self-service, accelerate AI adoption, and build customer-facing data products. Whether users prefer SQL, spreadsheets, AI, or a point-and-click interface, Omni makes it easy for anyone to explore data — all from the same platform. At Omni’s core is a built-in semantic layer that ensures answers are trustworthy and provides AI with the context it needs to deliver accurate, explainable insights. Omni is backed by ICONIQ, Theory Ventures, First Round Capital, Redpoint Ventures, GV, Snowflake Ventures, and Databricks Ventures. Learn more at www.omni.co.

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Source: Omni