Sisense was founded in 2004 by Elad Israeli, Eldad Farkash, Aviad Harell, Guy Boyangu, and Adi Azaria. CEO Amir Orad stated that he plans to keep the company private for now, continuing to pursue growth opportunities so that "we will emerge with a strong profile that provides optionality if we choose to be a public company, one day." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Sisense is a software company that offers AI-powered analytics solutions to small and midsize businesses. In 2019, the company acquired Periscope Data, another business analytics firm. Investors include Insight Venture Partners, ClalTech, Bessemer Venture Partners, and Battery Ventures. A $100 million funding round in 2020 brought Sisense's total funding to $270 million and increased the company's valuation to $1.1 billion.