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Omni Raises $120 Million at $1.5 Billion Valuation for Its Enterprise Semantic Layer

The deal signals rising demand for a governed data layer to keep AI answers consistent.

Colin Zima, who is Omni’s CEO, served as Looker's chief analytics officer and vice president of product.
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Overview

  • Omni disclosed the Series C on Thursday led by Iconiq, valuing the startup at roughly $1.5 to $1.51 billion.
  • The company sells a governed semantic layer that defines metrics and access rules so people and AI get the same answers from the same data.
  • Annual recurring revenue grew nearly fourfold over the past year, and the company recorded its first profitable month last month.
  • Customers include BambooHR, Guitar Center, Checkr, Mercury, Pendo, and Heidi AI, with BambooHR serving more than 100,000 users through Omni.
  • Competition is intensifying as OpenAI’s Frontier and platforms like Snowflake and Databricks push their own semantic layers, while Omni plans to scale sales, add integrations, and has shipped an MCP server and open APIs for tools like Claude, ChatGPT, Cursor, and VS Code.