About Snowflake
Snowflake is a company based in Bozeman (United States) founded in 2012 by Thierry Cruanes and Benoit Dageville. It operates as a SaaS (Software-as-a-Service). Snowflake has raised $1.56 billion across 11 funding rounds from investors including QlikTech, Dragoneer and Altimeter Capital. The company has 7,830 employees as of January 31, 2024. Snowflake has completed 14 acquisitions, including Applica, Crunchy Data and CryptoNumerics. Snowflake offers products and services including Snowflake AI Data Cloud. Snowflake operates in a competitive market with competitors including Databricks, PayPal, Alteryx, Synchrony and Chainalysis, among others.
- Headquarter Bozeman, United States
- Employees 7830 as on 31 Jan, 2024
- Founders Thierry Cruanes, Benoit Dageville
- Stage Public
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Snowflake Inc.
-
Annual Revenue
$3.63 B29.21as on Jan 31, 2024
-
Net Profit
$-1.29 B-53.77as on Jan 31, 2024
-
EBITDA
$-1.25 B-27.99as on Jan 31, 2024
-
Total Equity Funding
$1.56 B (USD)
in 11 rounds
-
Latest Funding Round
-
Investors
QlikTech
& 12 more
-
Employee Count
7830
as on Jan 31, 2024
-
Investments & Acquisitions
Applica
& 13 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Snowflake
Snowflake is a publicly listed company on the NYSE with ticker symbol SNOW in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Snowflake
Snowflake offers a comprehensive portfolio of products and services, including Snowflake AI Data Cloud. 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.
A platform for data storage and analytics is provided.
Unlock access to complete
Unlock access to complete
Software Development Team
308 people
Sales and Marketing
213 people
Leadership Team
134 people
Senior Team
88 people
Finance and Accounting
60 people
Product Management Team
49 people
Data Analysis and Operations Team
38 people
Principal Team
34 people
Unlock access to complete
Funding Insights of Snowflake
Snowflake has successfully raised a total of $1.56B across 11 strategic funding rounds. 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 11
- Last Round Last Round
-
First Round
First Round
(01 Aug 2012)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Post-IPO - Snowflake | Valuation |
investors |
|
| Feb, 2020 | Amount | Series G - Snowflake | Valuation | Dragoneer Investment Group , Salesforce Ventures | |
| Oct, 2018 | Amount | Series F - Snowflake | Valuation | Sequoia Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Snowflake
Snowflake has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include QlikTech, Dragoneer and Altimeter Capital. 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 |
|---|---|---|---|---|
|
Private equity investments are made in technology-enabled growth companies.
|
Founded Year | Domain | Location | |
|
Long/short equity hedge fund and VC fim
|
Founded Year | Domain | Location | |
|
Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Snowflake
Snowflake has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include Applica, Crunchy Data and CryptoNumerics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Multimodal data pipelines for AI are orchestrated securely.
|
2023 | ||||
|
Cloud-based solutions for secure data collaboration and management are provided.
|
2022 | ||||
|
A keyword-based private search engine is offered by Neeva.
|
2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Snowflake
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Snowflake Comparisons
Competitors of Snowflake
Snowflake 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 Databricks, PayPal, Alteryx, Synchrony and Chainalysis, 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 |
Data, analytics, and AI capabilities are unified in a platform.
|
|
| domain | founded_year | HQ Location |
Online payment solutions are offered to consumers and businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based data analytics solutions are delivered for insight generation.
|
|
| domain | founded_year | HQ Location |
Synchrony is engaged in providing credit cards and banking services.
|
|
| domain | founded_year | HQ Location |
Blockchain data platform insights for cryptocurrency are delivered.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Snowflake
Frequently Asked Questions about Snowflake
When was Snowflake founded?
Snowflake was founded in 2012.
Where is Snowflake located?
Snowflake is headquartered in Bozeman, United States. It is registered at Bozeman, Montana, United States.
Who is the current CEO of Snowflake?
Frank Slootman is the current CEO of Snowflake.
Is Snowflake a funded company?
Snowflake is a funded company, having raised a total of $1.56B across 11 funding rounds to date. The company's 1st funding round was a Series F of $450M, raised on Aug 01, 2012.
How many employees does Snowflake have?
As of Jan 31, 2024, the latest employee count at Snowflake is 7,830.
What is the annual revenue of Snowflake?
Annual revenue of Snowflake is $3.63B as on Jan 31, 2024.
What does Snowflake do?
Snowflake Inc. is recognized for providing a cloud-based data platform. Data storage, processing, and analytics solutions are delivered through the Snowflake AI Data Cloud. Services are focused on enabling organizations to manage and analyze data across multiple cloud environments. The technology sector, particularly cloud computing and data management, is primarily served. Scalable and secure data solutions are ensured for businesses globally.
Who are the top competitors of Snowflake?
Snowflake's top competitors include Databricks, Synchrony and Oracle.
What products or services does Snowflake offer?
Snowflake offers Snowflake AI Data Cloud.
Is Snowflake publicly traded?
Yes, Snowflake is publicly traded on NYSE under the ticker symbol SNOW.
How many acquisitions has Snowflake made?
Snowflake has made 14 acquisitions, including Applica, Crunchy Data, and CryptoNumerics.
Who are Snowflake's investors?
Snowflake has 13 investors. Key investors include QlikTech, Dragoneer, Altimeter Capital, Madrona, and Sequoia Capital.
What is Snowflake's ticker symbol?
The ticker symbol of Snowflake is SNOW on NYSE.
What is Snowflake's valuation?
The valuation of Snowflake is $12.4B as of Feb 2020.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.