Domo, Inc.

Domo, Inc. is an American cloud software company headquartered in American Fork, Utah, specializing in artificial intelligence, business intelligence, and data visualization. Founded in 2010 by Josh James, its core mission is to provide real-time access to business data for decision-makers across an organization with minimal IT involvement, transforming business operations by putting data to work for everyone.

The company offers a cloud-native data experience platform that enables organizations to connect, visualize, and analyze data from diverse sources in real-time. Key offerings include data integration with over 1,000 pre-built connectors, intuitive dashboards and visualizations for business intelligence and analytics, and AI-powered insights and predictive capabilities. The platform also supports automation through AI agents for workflows, reporting, alerts, and approvals, serving various industries such as financial services, healthcare, pharmaceuticals, energy, and technology.

In recent news, Domo has been navigating significant financial and strategic challenges. In June 2026, the company disclosed that its annualized recurring revenue did not meet loan covenants and it lacked sufficient cash to repay a $137 million principal balance, leading to a forbearance agreement until July 31 to secure a sale agreement. The board has concluded that pursuing a strategic transaction is the optimal path to maximize shareholder value, with advanced negotiations currently underway. This period has also seen executive departures, including the Chief Technology Officer in July 2026, and a reported 0.9% year-over-year decline in revenue for the first quarter of fiscal year 2027.