Omni, the business intelligence and embedded analytics platform with a built-in semantic layer, announced the acquisition of Explo, a leading embedded analytics company. The acquisition comes during a period of rapid growth for Omni, with projected annual recurring revenue (ARR) reaching $30 million by the end of 2025, representing 4x year-over-year growth after 10x growth in 2024. Omni expects to double ARR again in 2026, driven by growing demand for a unified analytics platform that delivers trustworthy AI across both internal and customer-facing use cases.
Omni helps companies improve self-service, accelerate AI adoption, and build customer-facing data products – all from a single platform. Whether users prefer AI, spreadsheets, SQL, or point-and-click, Omni makes it easy for anyone to explore and act on data. At the core of Omni’s platform is a built-in semantic layer that ensures consistency, trust, and AI readiness. Omni’s semantic layer is capable of integrating with other semantic layers, providing customers with the flexibility to connect with the most widely used storage, processing, and modeling tools.
“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.”
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Under the terms of the acquisition, Explo will become a wholly owned subsidiary of Omni. Explo’s platform will continue to operate for the next 12 months while Explo’s founders, Andrew Chen and Gary Lin, along with members of the Explo team, work closely with customers to support migrations and ensure a smooth transition to Omni. Existing Explo customers will continue to receive full platform access and support during 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.
SOURCE: Businesswire