Omni, the business intelligence and embedded analytics platform known for its built-in semantic layer, has announced the acquisition of Explo, a leading embedded analytics company. This move comes amid a period of rapid growth for Omni, which projects its annual recurring revenue (ARR) to reach $30 million by the end of 2025, reflecting a fourfold increase year-over-year following tenfold growth in 2024. The company anticipates doubling ARR again in 2026, fueled by rising demand for a unified analytics platform that delivers trustworthy AI across both internal and customer-facing use cases.
Omni’s platform enables organizations to enhance self-service analytics, accelerate AI adoption, and build customer-facing data products from a single interface. Whether users prefer AI-driven insights, spreadsheets, SQL, or point-and-click exploration, Omni ensures ease of access and action on data. Central to the platform is its semantic layer, which guarantees consistency, trust, and AI readiness, while also integrating with other semantic layers to connect seamlessly with popular storage, processing, and modeling tools.
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“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 acquisition, Explo will operate as a wholly owned subsidiary of Omni. Explo’s platform will remain fully operational for the next 12 months, during which founders Andrew Chen and Gary Lin, alongside their team, will collaborate with customers to ensure a smooth transition to Omni. Current Explo customers will continue to receive full access and support throughout 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.
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The acquisition complements Omni’s ongoing global expansion and rapid product development. Over the past year, Omni has raised a Series B led by ICONIQ, expanded into APAC, added hundreds of new customers including Cribl, dbt Labs, Guitar Center, and Hightouch, and rolled out new features weekly, including an MCP Server, Agentic Analytics, and enhanced 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.”
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