o9 Solutions Raises Additional $116M in Funding; Valued at $3.7 Billion

o9 Solutions, a Dallas, TX-based enterprise AI software platform provider, raised additional $116M in funding at a valuation of $3.7 Billion. The round was led by General Atlantic’s BeyondNetZero, with participation from KKR and Generation Investment Management. In conjunction with the transaction, o9 also announced that General Atlantic Operating Partner and tenured business executive Gary Reiner has joined the Company’s Board of Directors, bringing deep expertise at the intersection of technology, strategy and operations. To this end, the company has brought together technology innovations—such as graph-based enterprise modeling, big data analytics, advanced algorithms for scenario planning, collaborative portals, interfaces and cloud-based delivery. The investment follows a period of continued outperformance by o9, including 55% year-over-year growth in Annual Recurring Revenue (ARR) as of Q2’23.