Alteryx, Inc.

What does Alteryx do?

Alteryx sells an analytics automation platform used to prepare, blend, and analyze enterprise data. Its Alteryx One product unifies workflow automation, cloud analytics, machine learning, and governance, marketed as a business logic and AI data layer for enterprises.

Who owns Alteryx?

Private equity firms Clearlake Capital Group and Insight Partners jointly control the company following a $4.4 billion take-private completed in March 2024 at $48.25 per share.

Is Alteryx publicly traded?

No. The company traded on the NYSE as AYX from March 2017 until the buyout closed in March 2024. It no longer reports quarterly results publicly.

Who founded Alteryx?

Dean Stoecker, Olivia Duane Adams, and Ned Harding founded the company in 1997 in Irvine, California as SRC, LLC. Stoecker led it for 27 years before Andy MacMillan took over as CEO in December 2024.

Where is Alteryx headquartered?

Alteryx is headquartered in Irvine, California, with additional major offices in Colorado and international operations in Europe and Asia.

What is Alteryx One?

Alteryx One is the unified platform launched in 2025 that combines Designer workflows, cloud analytics, governance, and AI capabilities under capacity-based pricing. It is central to the company's repositioning as the governed data layer for enterprise AI.

The company began in 1997 as SRC, LLC, founded by Dean Stoecker, Olivia Duane Adams, and Ned Harding in Irvine. SRC sold spatial analytics and demographic datasets to retailers deciding where to build stores, work that required constant manual data blending.

The founders productized the blending itself. Their workflow designer let analysts drag tools onto a canvas to join, clean, and model data without writing code, and it spread virally through analyst communities. The company renamed itself Alteryx in 2010 after the product.

Alteryx went public on the NYSE in March 2017 and grew steadily, reaching $970 million in revenue by fiscal 2023. But the public years exposed weaknesses: the product was desktop-centric while the market moved cloud-first, seat-based pricing capped expansion, and Databricks, Snowflake, and dbt absorbed more of the preparation workflow.

Leadership churned. Stoecker stepped down as CEO in 2020, returned as executive chairman, and the board ran through operational resets while the stock fell far below its 2021 highs. The take-private process followed, and in December 2023 Clearlake and Insight agreed to pay $48.25 per share, closing March 14, 2024.

The private era brought sharper changes. MacMillan took the CEO job in December 2024. Alteryx One launched in 2025, folding Designer, server, and cloud products into one capacity-priced platform marketed as an "AI data clearinghouse." In November 2025 the company arranged a $2.4 billion refinancing that also funds a sponsor dividend, and in September 2026 a Delaware court dismissed the shareholder lawsuit over the sale.

Alteryx appeared in Gartner leader quadrants for data science and analytics platforms during its public years and retained strong user-satisfaction scores on peer review sites, where Designer consistently ranks among the most loved analytics tools. Its community and annual Inspire conference remain notable assets in the analytics industry.

The $4.4 billion sale generated a Delaware shareholder lawsuit alleging former executives breached fiduciary duties and that Insight aided the process. The Court of Chancery dismissed the claims in September 2026, vindicating the transaction's structure.

The November 2025 dividend recapitalization drew debt-market scrutiny typical of leveraged buyouts: borrowing $2.4 billion partly to pay the owners a dividend increases the company's fixed obligations. Post-buyout layoffs and the repricing of legacy customers into Alteryx One have also produced community friction.