Domo Inc - Class B

Domo, Inc. is an AI and data products platform company that enables organizations to leverage data and artificial intelligence to drive business value. The Domo platform allows users to prepare, visualize, automate, distribute, and build end-to-end data products across the entire data journey, from hydrating a data foundation to building fully embedded applications and deploying AI models across a variety of providers. The company's offerings include its core cloud-based business intelligence platform with Domo.AI capabilities, serving enterprises that need to connect, transform, and act on data in real time. Domo generates revenue primarily through subscription-based software licensing, approaching $300 million in annualized recurring revenue, supplemented by professional services. The company is currently in advanced negotiations regarding a potential strategic transaction after its Board of Directors concluded that such a path best maximizes shareholder value. Domo has disclosed a going concern risk due to covenant noncompliance under its credit facility and has entered into a forbearance agreement with its lender. Updated Jun 15, 2026