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Alteryx Ventures Invests in Toucan Toco for Data Storytelling and Customer-Facing Analytics

What's New   |   Resham Mehta   |   May 11, 2023

We are excited to announce that Alteryx Ventures has invested in Toucan Toco (“Toucan”), a leader in data storytelling and customer-facing analytics. With this investment, we are proud to support the growth and innovation of a pivotal capability in the modern data stack to ensure last mile delivery of analytics to all end users. Toucan provides industry leading end user experiences, on any device. With this investment from Alteryx Ventures, Toucan will be able to grow in key markets in North America, expand strategic partnerships, and continue platform innovation. Alteryx’s investment in Toucan strongly aligns with our goal to enable Analytics for All – making data and analytics more accessible and easier to use.

Toucan empowers organizations to drive engagement with data storytelling. Alteryx has a strong track record of partnering with innovative vendors to deliver self-service insights from enterprise data. Together, the two companies help their customers create a robust solution that enables data teams to collaborate on data and analytics from multiple sources seamlessly and engage their customers and end users with rich data stories.

“Toucan’s platform will be a strong partner for our customers looking for seamless collaboration on their data and a robust customer-facing analytics experience” said Jay Henderson, SVP of Product Management, Alteryx.

Commenting on this partnership, Charles Miglietti, Toucan CEO and Founder, said, “We are excited to strengthen our position as the industry leader in customer-facing analytics, enabling our clients to drive engagement with their end users. Aligning with Alteryx is the next step in this journey.”

We are excited to partner with Toucan to propel our common mission of democratizing analytics and making it easy for any user to derive value from their data.

Alteryx Ventures invests in companies with innovative technology and services that complement the Alteryx Platform and encourage innovation within the analytics ecosystem. Alteryx’s vision centers on enabling every person to achieve breakthrough outcomes from data through analytics automation, data science and unprecedented ease of use.