The data analytics provider has set the range for an initial public offering that will raise between $108m and $126m and which will allow Thomson Reuters to exit.

Alteryx, a US-based data analytics software producer backed by media group Thomson Reuters, set the range for its initial public offering yesterday and will raise up to $126m when it floats.

The company plans to issue 9 million shares priced between $12 and $14 each when it lists on the New York Stock Exchange.

Founded in 1997, Alteryx provides a subscription-based software platform that enables organisations to manage, organise and assess data sourced from several places using an intuitive drag-and-drop…