About Dremio
Dremio is a company based in Mountain View (United States) founded in 2015 was acquired by SAP in May 2026.. Dremio has raised $405 million across 6 funding rounds from investors including SAP, Lightspeed Venture Partners and StepStone Group. The company has 32 employees as of April 05, 2024. Dremio offers products and services including Unified Lakehouse Platform, Dremio Cloud, and SQL Query Engine. Dremio operates in a competitive market with competitors including Starburst, e6data, Datazip, Husky Data Science and Trino, among others.
- Headquarter Mountain View, United States
- Employees 32 as on 05 Apr, 2024
- Stage Unicorn
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Dremio Software India Private Limited
- Date of Incorporation 26 Nov, 2019
- Jurisdiction Shaikpet, Telangana, India
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Annual Revenue
$2.67 M (USD)0as on Mar 31, 2021
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Net Profit
$305.14 K (USD)0as on Mar 31, 2021
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EBITDA
$427 K (USD)0as on Mar 31, 2021
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Total Equity Funding
$405 M (USD)
in 6 rounds
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Latest Funding Round
$160 M (USD), Series E
Jan 25, 2022
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Investors
SAP
& 9 more
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Employee Count
32
as on Apr 05, 2024
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Acquired by
SAP
(May 06, 2026)
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Products & Services of Dremio
Dremio offers a comprehensive portfolio of products and services, including Unified Lakehouse Platform, Dremio Cloud, and SQL Query Engine. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables flexible data management and analytics at low cost.
Fully managed SAAS for unified data access.
Optimizes BI and interactive queries for performance.
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Funding Insights of Dremio
Dremio has successfully raised a total of $405M across 6 strategic funding rounds. The most recent funding activity was a Series E round of $160 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series E — $160.0M
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First Round
First Round
(25 Sep 2015)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series E - Dremio | Valuation | Adams Street Partners | |
| Jan, 2021 | Amount | Series D - Dremio | Valuation | Sapphire Ventures | |
| Mar, 2020 | Amount | Series C - Dremio | Valuation | Insight Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Dremio
Dremio has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include SAP, Lightspeed Venture Partners and StepStone Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private markets investment management with strategies in equity, credit, and secondary investments.
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Founded Year | Domain | Location | |
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Venture capital firm partnering with enterprise software companies and early-stage funds.
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Founded Year | Domain | Location | |
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Dremio
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Dremio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dremio Comparisons
Competitors of Dremio
Dremio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Starburst, e6data, Datazip, Husky Data Science and Trino, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Starburst is recognized as a leading data lakehouse platform provider.
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| domain | founded_year | HQ Location |
Developer of a compute engine for SQL analytics and AI workloads
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| domain | founded_year | HQ Location |
Cloud-based solutions for enterprise data management are offered.
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| domain | founded_year | HQ Location |
Offers data lake engine for interactive queries on AWS, Azure and private clouds.
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| domain | founded_year | HQ Location |
Open-source engine for efficient distributed SQL queries on large datasets.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dremio
Frequently Asked Questions about Dremio
When was Dremio founded?
Dremio was founded in 2015.
Where is Dremio located?
Dremio is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Is Dremio a funded company?
Dremio is a funded company, having raised a total of $405M across 6 funding rounds to date. The company's 1st funding round was a Series C of $70M, raised on Sep 25, 2015.
How many employees does Dremio have?
As of Apr 05, 2024, the latest employee count at Dremio is 32.
What is the annual revenue of Dremio?
Annual revenue of Dremio is $2.67M as on Mar 31, 2021.
What does Dremio do?
Dremio was founded in 2015 and is headquartered in Mountain View, United States. Operations focus on the data analytics sector, where cloud-based solutions for analytical processing and data lake management are delivered. Self-service analytics are enabled through integrated data warehouse and lake functionalities, allowing consolidation and analysis of data from various sources. Security features, including SSO authentication and inbound impersonation, are incorporated, alongside workload management and automatic backups.
Who are the top competitors of Dremio?
What products or services does Dremio offer?
Dremio offers Unified Lakehouse Platform, Dremio Cloud, and SQL Query Engine.
Who are Dremio's investors?
Dremio has 10 investors. Key investors include SAP, Lightspeed Venture Partners, StepStone Group, Norwest Venture Partners, and Cisco Investments.
What is Dremio's valuation?
The valuation of Dremio is $2B as of Jan 2022.