SUNNYVALE, Calif. – April 25, 2019 – ThoughtSpot, the leader in search & AI-driven analytics, was recognized as one of the 50 Highest Rated Private Cloud Computing Companies To Work For in a list released by Battery Ventures, a global investment firm and cloud investor, with data specifically provided by Glassdoor*, one of the world’s largest job and recruiting sites. The list highlights 50 privately held companies—all business-to-business, cloud-computing companies--where employees report the highest levels of satisfaction at work, according to employee feedback shared on Glassdoor.
The distinction placed ThoughtSpot at number 40 (out of 50 total) with an overall company rating of 4.6. The broader average across Glassdoor is 3.4. ThoughtSpot’s CEO, Sudheesh Nair, boasts a 100% approval rating on Glassdoor—compared to an average of 69% for all approximately 900,000 employers on the site--and the company has a 91% positive business-outlook rating, again based on feedback shared by employees. The broader Glassdoor average is 49%. A positive business outlook means employees believe business will improve in the next six months.
This is the third year Battery has issued the list, along with a related ranking of the 25 Highest Rated Public Cloud Computing Companies to Work For. The rankings highlight the broader trend of businesses increasingly turning to the cloud to run critical technology systems and software, instead of using on-premise systems.
They also highlight the increasing importance of cohesive culture and employee happiness in running a successful business, said Neeraj Agrawal, a Battery general partner who specializes in cloud investing.
“The private companies on this list have not only scaled their products, teams and business functions—but they’ve managed to scale culture,” Agrawal said. “We view these rankings as a key indicator of company health and longevity, and we hope all companies on this list view it as an honor to be included.” It was also more difficult to make the list this year, compared with last year, Agrawal added. A Glassdoor economic research study, as well as other third party studies, show that companies with high employee satisfaction often post stronger financial performance.
“At ThoughtSpot, we have a highly ambitious goal to create a more fact-driven world by empowering every person with the ability to analyze data. We’re lucky enough to have a team with the passion, talent, and grit to drive such transformation,” said ThoughtSpot CEO Sudheesh Nair. “I’m incredibly honored to work with a team that embodies our culture of selfless excellence, going above and beyond at everything they do not for personal glory, but for the good of the team, our customers, and society at large. Today’s recognition from Battery Ventures and Glassdoor is a testament to every ThoughtSpotter for building a company where people can do the best work of their lives.”
Glassdoor noted that employees at these highly rated companies commonly mention in online reviews that they enjoy working for mission-driven companies with strong and unique company cultures; employers that promote transparency; and companies with experienced senior leaders who regularly and clearly communicate with employees. For instance, according to one anonymous employee review of ThoughtSpot on Glassdoor, the best parts of working at ThoughtSpot include:
“The culture! Our leaders talk all day about self-less excellence and it's so true! Everyone goes out of their way to be a team player and work on the big picture goal. And the opportunities! This market is HOT and once you see the product and the company's vision, the sky is the limit. This product can change the world for the better.”
Full lists of the highest-rated 50 private cloud companies and 25 public cloud companies to work for can be found here.
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The world’s most innovative enterprises use ThoughtSpot to empower every person in their organization, from C-suite executive to front-line employee, with the ability to quickly uncover data-driven insights. With ThoughtSpot, business people can type a simple Google-like search in natural language to instantly analyze billions of rows of data, and leverage artificial intelligence to get trusted, relevant insights pushed to them as answers to thousands of questions they might not have thought to ask. ThoughtSpot is simple enough for any business person to use, yet powerful enough to handle even the largest, most complex enterprise data without sacrificing speed, security, or governance. That’s why customers like 7-11, BT, Celebrity Cruises, Daimler, De Beers, Hulu, Miami Children’s Health System, Nationwide Building Society, and Scotiabank have turned to ThoughtSpot to transform their decision-making cultures and analyst firm Gartner named ThoughtSpot a Leader in the 2019 Magic Quadrant. By making insights a part of every conversation and every decision, ThoughtSpot is reimagining the role of data in creating a more fact-driven world. For more information, please visit www.thoughtspot.com.
About Battery Ventures
Battery strives to invest in cutting-edge, category-defining businesses in markets including software and services, Web infrastructure, consumer Internet, mobile and industrial technologies. Founded in 1983, the firm backs companies at stages ranging from seed to private equity and invests globally from offices in Boston, the San Francisco Bay Area, London, New York and Israel. Follow the firm on Twitter @BatteryVentures, visit our website at www.battery.com and find a full list of Battery's portfolio companies here.
*By a company name, denotes a Battery investment. For a full list of all Battery investments and exits, please click here.