Sigma Computing Revenue, Valuation, Funding & Investors

Sigma Computing is valued at $3B as of May 2026, a 15.0x multiple on its last reported $200M revenue.

Last Sigma Computing valuation

$3B

Series E · May 2026

Last Sigma Computing funding round

$80M

Series E · May 2026

Sigma Computing revenue

$200M

Series E · May 2026

Key investors in Sigma Computing

  • Sutter Hill Ventures
  • Altimeter Capital
  • XN
  • Spark Capital
  • Avenir
  • NewView Capital

Sigma Computing Overview

About Sigma Computing

Sigma Computing is a cloud-native analytics and business intelligence platform built to let business users explore and analyze data directly from cloud data warehouses through a spreadsheet-like interface, without needing IT support or advanced technical skills. Founded in 2014 and based in San Francisco, the platform supports real-time data exploration, AI-powered analytics, custom data apps, and writeback capabilities for industries including healthcare, finance, education, real estate, and transportation. Its customers include DoorDash, Clay, Clover, and Druva, among more than 1,300 organizations.


Founded

2014

HQ

United StatesUnited States

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Revenue

$200M (May 2026)

Valuation

$3B (May 2026)

Sigma Computing Valuation

Sigma Computing is currently valued at $3B, based on its Series E in May 2026.

The $80M round was led by Princeville Capital, with participation from K5 Global, XN, Sutter Hill Ventures, ServiceNow Ventures, Spark Capital and 6 other investors.

Sigma Computing's valuation has grown 2.9x from $1B at its Series C in December 2021 to $3B in May 2026, across 3 priced rounds.

Sigma Computing valuation by funding round

Revenue multiple
Sigma Computing valuation by funding round
DateStageValuationRevenue Multiple
May 2026Series E$3B15.0x
May 2024Series D$1.5B15.0x
Dec 2021Series C$1B10.4x

Sigma Computing Revenue

Sigma Computing's latest recorded revenue is $200M, as of its Series E in May 2026. At a $3B valuation, that implies a 15.0x revenue multiple.

Revenue grew from $100M in December 2021 to $200M in May 2026, while the revenue multiple moved from 10.4x to 15.0x.

Sigma Computing revenue by funding round

Sigma Computing revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
May 2026$200M$3B15.0xSeries E
May 2024$100M$1.5B15.0xSeries D
Dec 2021$100M$1B10.4xSeries C

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Sigma Computing Funding History

Sigma Computing has raised a total of $710M across 7 funding rounds.

Sigma Computing's first fundraising round was a $8M Series A in April 2014. The most recent completed round was a $80M Series E in May 2026.

Sigma Computing funding rounds

Sigma Computing funding rounds
DateStageInvestorsRaisedValuationDeal Summary
May 2026Series EPrinceville Capital (lead); K5 Global; XN; Sutter Hill Ventures; ServiceNow Ventures; Spark Capital; NewView Capital; Altimeter Capital; Databricks Ventures; Workday Ventures; Avenir; D1 Ventures$80M$3BSigma Computing raised $80 million in Series E financing in May 2026 at a $3 billion valuation. The round was led by Princeville Capital, with participation from new investors Databricks Ventures, ServiceNow Ventures, and Workday Ventures, while existing backers including Altimeter Capital, Avenir Growth Capital, D1 Capital Partners, Spark Capital, Sutter Hill Ventures, K5 Global, NewView Capital, and XN also participated. JP Morgan and Allen & Company acted as placement agents for the financing. The transaction followed Sigma’s May 2024 Series D financing of $200 million, which was co-led by Spark Capital and Avenir Growth Capital and included participation from all prior investors. The company said the latest capital would support continued development of AI infrastructure, data application development, enterprise collaboration, and business user adoption, as it positions itself as an AI apps and agentic analytics platform. Sigma is a San Francisco-based cloud analytics company built natively for cloud scale. It operates as a business intelligence and cloud data analytics platform used for analytics, data applications, and workflow automation. The company had previously raised funding across multiple rounds, including a $300 million Series C in 2021 and total disclosed funding of more than $581 million before the 2026 round.
May 2024Series DAvenir (lead); Spark Capital (lead); XN; Sutter Hill Ventures; NewView Capital; Snowflake Ventures; Altimeter Capital; D1 Ventures$264M$1.5BSigma Computing is a cloud-native analytics platform founded in 2014 and headquartered in San Francisco, offering a spreadsheet-like interface for business users to explore and analyze data directly from cloud data warehouses at scale, without needing IT or advanced technical skills. The platform supports real-time data exploration, AI-powered analytics, collaboration, SQL and Python interfaces, custom data apps, and writeback capabilities, serving industries like healthcare, finance, education, real estate, and transportation. Customers include DoorDash, Clay, Clover, Druva, and over 1,350 organizations by April 2025, with more than 250 customers exceeding $100K ARR. In the fiscal year ending January 31, 2024, Sigma achieved annual recurring revenue surpassing $100 million, marking over 100% year-over-year growth for the fourth straight year, alongside a 134% increase in net new customers (nearly 1,000 total), 95% rise in daily active users, 67% increase in monthly active users, and an NPS score over 80. The company launched over 60 new features and initiated AI integration research. In May 2024, Sigma raised a $200 million Series D funding round, with investors including J.P. Morgan and K5 Global joining later as equity investors, though specific lead investors like Avenir and Spark Capital align with the queried round details. Sigma expanded its partner ecosystem with integrations like Databricks, Hightouch, Atlan, and Monte Carlo for data security. Forrester reported a 321% ROI over three years and payback in under six months. By the fiscal year ending January 31, 2025, ARR growth reached 83% annually, achieving 10x growth over three years, underscoring strong market demand for its next-generation BI beyond traditional tools like Looker.
Dec 2021Series CD1 Capital Partners (lead); XN (lead); Sutter Hill Ventures; Snowflake Ventures; Altimeter Capital$300M$1BSigma Computing is a cloud analytics and business intelligence platform that enables business and technical users to analyze live data at scale using a spreadsheet-like interface, built natively for Snowflake. It facilitates no-code data exploration, collaborative model building, dashboards, and faster decision-making across departments like operations, finance, and marketing without traditional BI dependencies. The company announced a $300 million Series C funding round on December 16, 2021, co-led by D1 Capital Partners and XN, with participation from existing investors Sutter Hill Ventures, Altimeter Capital, and new investor Snowflake Ventures. This brought total funding raised to $381.3 million, aimed at scaling the platform to empower data-driven organizations. Positioning Sigma as a leader in cloud-native analytics accessible to non-technical users. Investors highlighted Sigma's technical innovation in solving scalability issues for business users, its ease of use, and productivity gains through real-time collaboration and warehouse writeback capabilities. A later Series D in May 2024 raised $200 million (part of ~$264 million total) at a valuation 60% higher than Series C, indicating strong growth in revenues, new customer acquisition, and partner ecosystem expansion. This underscores Sigma's market traction in transforming BI amid cloud data transitions.
Apr 2021Series A-$8M--
Nov 2019Series BAltimeter Capital (lead); Sutter Hill Ventures (lead)$30M-Sigma Computing is a cloud analytics and business intelligence innovator built for Snowflake that empowers users to analyze live data at scale using a spreadsheet-like interface. The platform removes the bottleneck of coding-dependent data warehouse access, enabling business users to explore data, build models, and create dashboards collaboratively without requiring technical expertise. In November 2019, Sigma announced a $30 million Series B2 funding round from existing investors Altimeter Capital and Sutter Hill Ventures. This round, combined with prior Series A and Series B capital, brought total funding to $58 million at that time and was intended to accelerate product innovation and support the company's rapidly expanding customer base. The company had been named to CNBC's 2019 Upstart 100 List, reflecting its market momentum. By December 2021, Sigma would go on to raise $300 million in Series C funding, and by May 2024, an additional $200 million Series D round, demonstrating sustained investor confidence and strong growth trajectory in the cloud analytics sector.
Jan 2018Series BAltimeter Capital (lead)$20M-Sigma Computing raised $20 million in a Series B funding round in January 2018 led by Altimeter Capital, following a $8 million Series A in April 2014 from Sutter Hill Ventures. The round aimed to scale operations and enhance product features for its cloud analytics and business intelligence platform, which provides spreadsheet-like interfaces for analyzing live data on cloud data warehouses. Later rounds included a $30 million extension in November 2019 from Altimeter and Sutter Hill to support product innovation and customer expansion, bringing prior investments to $58 million total at that point. Sigma was recognized on CNBC’s 2019 Upstart 100 list. The company has continued raising capital, reaching over $645 million total by 2024, with a Series D in May 2024 led by Avenir and Spark Capital at a valuation 60% higher than Series C, focusing on AI infrastructure and data apps.
Apr 2014Series ASutter Hill Ventures (lead)$8M-Sigma Computing raised $8 million in its Series A funding round in April 2014, led by Sutter Hill Ventures. The funding aimed to develop the initial product and establish a market presence. Sutter Hill Ventures, a venture capital firm focused on early-stage technology companies in data analytics and cloud computing, participated in this round. Sigma Computing is a San Francisco-based cloud-native business intelligence platform founded in 2014, enabling non-technical users to explore data and build live analytics with a spreadsheet-like interface. The company was created to meet the needs of analysts working with spreadsheets and cloud data warehouses like Snowflake, providing a unified collaborative canvas that combines spreadsheets, charts, and narratives. Subsequent rounds included a $30 million Series B in November 2019 from Altimeter Capital and Sutter Hill Ventures to support product innovation and customer expansion, followed by larger financings such as $300 million Series C in December 2021 and $200 million Series D in 2024.

Who has invested in Sigma Computing?

14 investors have backed Sigma Computing across its funding rounds, including Sutter Hill Ventures, Altimeter Capital, XN, Spark Capital, Avenir and NewView Capital.

Lead investors include Princeville Capital, Avenir, Spark Capital, D1 Capital Partners, XN and 2 other investors.


Sigma Computing Investors

Investors in Sigma Computing by funding rounds participated
InvestorHQRoundsRoleFirst check
Sutter Hill VenturesUnited StatesSan Francisco, CA5LeadApr 2014
Altimeter CapitalUnited StatesSan Francisco, CA5LeadJan 2018
XNUnited StatesNew York City, NY3LeadDec 2021
Spark CapitalUnited StatesSan Francisco, CA2LeadMay 2024
NewView CapitalUnited StatesSan Francisco, CA2ParticipantMay 2024
Snowflake VenturesUnited StatesBozeman, MT2ParticipantDec 2021
AvenirUnited StatesNew York City, NY2LeadMay 2024
D1 VenturesChinaBeijing2ParticipantMay 2024
K5 GlobalUnited StatesSan Francisco, CA1ParticipantMay 2026
ServiceNow VenturesUnited StatesUnited States1ParticipantMay 2026
Princeville CapitalUnited StatesSan Francisco, CA1LeadMay 2026
Databricks VenturesUnited StatesSan Francisco, CA1ParticipantMay 2026

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Sigma Computing Competitors

Sigma Computing competitors include listed companies like Teradata and Shanghai DZH, and private ones like MOV, PingCAP, Starburst and ReliaQuest.

Public and private companies comparable to Sigma Computing
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
MOVJapanTokyoPrivate--$3B-
PingCAPUnited StatesSan Francisco, CAPrivate--$3B-
TeradataUnited StatesUnited StatesPublicly listed$1.7B$285M$2.7B1.5x
StarburstUnited StatesBoston, MAPrivate$100M-$3.4B-
ReliaQuestUnited StatesTampa, FLPrivate$300M-$3.4B11.3x
Shanghai DZHChinaChinaPublicly listed$123M($545K)$2.4B-

Sigma Computing Public Comps

Sigma Computing is still privately-owned, but its public comps include Teradata, Shanghai DZH, Geovis, Sportradar, Karooooo, DoubleVerify, Business-intelligence, Innodata, Planisware and Amplitude.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Teradata$1.7B$285M1.4x1.5x8.4x5.3x
Shanghai DZH$123M($545K)18.1x-(4082.3x)-
Geovis$399M$44M9.8x8.4x87.8x-
Sportradar$1.5B$613M2.3x2.1x5.6x8.7x
Karooooo$337M$148M6.3x5.7x14.3x13.8x
DoubleVerify$748M$136M2.7x2.5x14.6x7.4x
Business-intelligence$389M$54M6.6x5.9x47.7x-
Innodata$252M$47M6.8x5.2x36.6x22.7x

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Common questions about Sigma Computing

When was Sigma Computing founded?Sigma Computing was founded in 2014.
Where is Sigma Computing headquartered?Sigma Computing is headquartered in United States.
Is Sigma Computing publicly listed?No, Sigma Computing is a private, VC-backed company.
What is Sigma Computing's valuation?Sigma Computing was last valued at $3B in its Series E in May 2026.
How much funding has Sigma Computing raised?Sigma Computing has raised $710M across 7 funding rounds.
What was Sigma Computing's last funding round?Sigma Computing's last funding round was a $80M Series E in May 2026, led by Princeville Capital.
Who are Sigma Computing's investors?Sigma Computing's investors include Sutter Hill Ventures, Altimeter Capital, XN, Spark Capital, NewView Capital, Snowflake Ventures, Avenir, D1 Ventures, K5 Global, ServiceNow Ventures and 4 others.
What is Sigma Computing's revenue?Sigma Computing's latest recorded revenue is $200M (May 2026).
What is Sigma Computing's revenue multiple?Sigma Computing's latest valuation implies a 15.0x revenue multiple ($3B valuation on $200M of revenue).
Which companies are comparable to Sigma Computing?Companies comparable to Sigma Computing include MOV, PingCAP, Teradata, Starburst, ReliaQuest and Shanghai DZH.

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