What is Snowflake?
Snowflake Inc. operates a sophisticated cloud-native data platform that serves as a centralized source of truth for global enterprises. By enabling organizations to consolidate disparate data sets, the platform facilitates the development of data-driven applications and the deployment of artificial intelligence to address complex business challenges. Headquartered in Bozeman, Montana, the company has evolved from its origins as Snowflake Computing into a critical component of the modern enterprise technology stack, providing essential tools for data sharing and product development in an increasingly competitive digital landscape.
How much funding has Snowflake raised?
Snowflake has raised a total of $5.1B across 9 funding rounds:
Series A
$5M
Series B
$26M
Series C
$45M
Series D
$100M
Series E
$263M
Series F
$450M
Series G
$479M
Stock Offering
$3.4B
Stock/Share Issuance
$376.1M
Series A (2012): $5M with participation from Sutter Hill Ventures
Series B (2014): $26M led by Sutter Hill Ventures, wing ventures, and redpoint ventures
Series C (2015): $45M supported by altimeter capital, Sutter Hill Ventures, redpoint ventures, and wing ventures
Series D (2017): $100M featuring ICONIQ Capital, Sutter Hill Ventures, Madrona Venture Group, Altimeter Capital, Redpoint Ventures, and Wing Ventures
Series E (2018): $263M backed by Altimeter Capital, Redpoint Ventures, Wing Ventures., Seqouia Capital, ICONIQ Capital, Sutter Hill Ventures, and Madrona Venture Group
Series F (2018): $450M with participation from Meritech Systems, ICONIQ Capital, Sutter Hill Ventures, Madrona Venture Group, Altimeter Capital, Redpoint Ventures, Wing Venture Capital, Capital One Growth Ventures, and Steamboat Ventures
Series G (2020): $479M led by Dragoneer Investment Group and Salesforce Ventures
Stock Issuance/Offering (2020): $3.4B, investors not publicly disclosed
Stock/Share Issuance (2026): $376.1M, investors not publicly disclosed
Key Investors in Snowflake
Sutter Hill Ventures
A Palo Alto-based firm specializing in financing technology-based start-ups and assisting entrepreneurs in building market-leading companies.
Altimeter Capital
An investment firm that partners with technology companies from early growth through public markets, focusing on long-term value creation.
Redpoint Ventures
A venture capital firm founded in 1999 that focuses on strategic investments in early growth-stage technology companies.
What's next for Snowflake?
With the infusion of recent capital, Snowflake is well-positioned to accelerate its product roadmap, particularly in the realms of AI-driven analytics and cross-platform data interoperability. The company's strategic focus remains on expanding its Data Cloud ecosystem, which is essential for maintaining its competitive edge in the enterprise software market. As the firm continues to scale, the integration of advanced machine learning capabilities and the expansion of its global footprint will likely remain central to its long-term growth strategy, supported by a syndicate of high-conviction investors who have backed the company since its early stages.
See full Snowflake company page
