New Alteryx Corporate Ventures Fund Will Help Startups Accelerate Innovation in Areas that Complement Alteryx’s Strategy and Vision
IRVINE, Calif. — May 18, 2021—Alteryx, Inc. (NYSE: AYX),
the analytics automation company, today announces the formation of Alteryx Ventures, a $50 million fund that will
invest in companies with innovative technology and services that complement and expand Alteryx’s analytics and data
science products and further its analytics process automation (APA) platform. Alteryx’s vision centers on enabling
every person to achieve breakthrough outcomes from data through analytics automation, data science and unprecedented
“I’m thrilled to announce Alteryx Ventures, our first strategic venture fund as a company. Our goal is to foster
and accelerate innovation by investing in companies creating unique technology that advance all aspects of analytics
and data science automation and help make it easy for everyone to access and democratize data,” said Mark Anderson,
chief executive officer of Alteryx. “We believe Alteryx Ventures will help bring value to our customers and expose
them to new possibilities with the Alteryx platform.”
In addition to investing in innovative companies, the fund seeks companies that build complementary solutions to
extend the Alteryx APA Platform. Qualifying companies will receive additional support, services and go-to-market
benefits. Several companies have already built successful business-to-business (B2B) applications and businesses on
the Alteryx platform. Examples include companies that have delivered ground-breaking B2B solutions in marketing
analytics, personal finance, tax and audit, supply-chain, healthcare applications and more.
Alteryx Ventures launches this week as the company begins its largest ever Global Inspire Conference, opening May 18. The three-day virtual event
will feature new products and innovations in analytics and data science, and more than 80 customer speakers,
strategic alliance partners and industry luminaries. More than 10,000 customers from over 100 countries are
participating in the event.
For more information on Alteryx Ventures, contact [email protected]
Alteryx, the analytics automation company, is focused on enabling every person to
transform data into a breakthrough. Alteryx unifies analytics, data science and business process automation in one,
end-to-end platform to accelerate digital transformation and shape the future of analytic process automation (APA™).
Organizations of all sizes, all over the world, rely on Alteryx to deliver high-impact business outcomes and the
rapid upskilling of their modern workforce. For more information visit www.alteryx.com.
Alteryx is a registered trademark of Alteryx, Inc. All other product and brand names may be trademarks or
registered trademarks of their respective owners.