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Data analytics startup Clari just raised $150 million in a Series E funding round backed by Sequoia – and hit a $1.7 billion valuation in the process.
The California-based unicorn, which helps companies use data to forecast future revenues, is working to disrupt the business intelligence industry, which Insider previously reported would be worth $33 billion globally by 2025.
Clari has more than tripled its valuation from $500 million in 2019, with its latest funding round being led by Twitter backer Silver Lake, alongside investment from the likes of Sequoia, Sapphire Ventures, and Bain Capital Ventures.
The firm counts big-name tech firms such as UiPath, Databricks, and Sumo Logic among its client base. Insider got an exclusive look at the pitch deck Clari used to bring investors on board. Check it out below: