Sigma (analytics company)

Sigma
Company typePrivate
IndustryAnalytics
Business intelligence
Founded2014; 11 years ago
FoundersJason Frantz
Rob Woollen
Headquarters
San Francisco, California
,
United States
Number of employees
537 (Feb. 2025, U.S. only)
Websitesigmacomputing.com

Sigma is an American cloud-based analytics and business intelligence company.[1][2] Sigma was founded in 2014 by Jason Frantz and Rob Woollen.[3][4]

History

Sigma was founded in 2014 in California by Jason Frantz and Rob Woollen under the name Bitmoon Computing.[5] That same year, the company raised an $8 million Series A funding round.[6][7][8] At some point in time, the company changed its name from Bitmoon Computing to Sigma Computing.

In 2018, the company launched analytics and business intelligence services for cloud data storage.[9] That year, Sigma raised $20 million in a Series B funding round from Sutter Hill Ventures[10] and Altimeter Capita and moved its headquarters to San Francisco’s financial district.[11]

In 2019, Sigma was named to CNBC's Upstart 100 list.[12] The company also released modeling and lineage features and accepted additional funding from Sutter Hill Ventures and Altimeter Capital, bringing its total funding to $58 million.[13][14]

In 2020, Sigma was recognized as a Best Place to Work by the San Francisco Business Times and Inc. magazine.[15]

In 2021, it raised $300 million in a Series C funding round led by D1 Capital Partners.[16][17]

In 2023, the company was named Snowflake Business Intelligence Partner of the Year by Snowflake.[18] In 2024, the company shortened its name to Sigma. That year, it raised a $200 million Series D round.[19][20]

In 2025, Sigma was included in the Gartner Magic Quadrant for Analytics and Business Intelligence.[21] That year, the company surpassed $100 million in annual recurring revenue[22] and achieved a valuation of $1.5 billion, having raised a total of $560 million to date.[23] Also, Sigma was named Snowflake and Databricks' partners of the year.[24][25]

References

  1. ^ Wiggers, Kyle (May 16, 2024). "Sigma is building a suite of collaborative data analytics tools". TechCrunch. Retrieved November 26, 2025.
  2. ^ "Sigma Computing Inc - Company Profile and News". Bloomberg.com. Retrieved November 26, 2025.
  3. ^ bio, See full. "Sigma working on a full-frame Foveon sensor". CNET. Retrieved November 26, 2025.
  4. ^ "Computer Software Firm Learning While Growing". The Washington Post. November 30, 1981. ISSN 0190-8286. Retrieved November 26, 2025.
  5. ^ "Sigma - Products, Competitors, Financials, Employees, Headquarters Locations". www.cbinsights.com. Retrieved November 26, 2025.
  6. ^ "Sigma Computing Funding Information". Wellfound. Retrieved November 26, 2025.
  7. ^ "Sell or Invest in Sigma Computing Stock Pre-IPO". Nasdaq Private Market. Retrieved November 26, 2025.
  8. ^ Cole, Zachary (April 26, 2014). "Roundup of Form D Regulatory Filings--April 25". Wall Street Journal. ISSN 0099-9660. Retrieved October 21, 2025.
  9. ^ team, Lokad. "Review of Sigma Computing, Cloud–Native BI Software Vendor". www.lokad.com. Retrieved November 26, 2025.
  10. ^ "Sigma Computing Funding Information". Wellfound. Retrieved November 26, 2025.
  11. ^ "Sigma Computing 2025 Company Profile: Valuation, Funding & Investors | PitchBook". pitchbook.com. Retrieved November 26, 2025.
  12. ^ Spiegel, David (November 12, 2019). "100 of the world's most promising start-ups to watch in 2019". CNBC. Retrieved November 26, 2025.
  13. ^ Kyle Wiggers (November 13, 2019). "Sigma Computing raises $30 million more for cloud data analytics tools". VentureBeat. Retrieved November 26, 2025.
  14. ^ FinSMEs (November 13, 2019). "Sigma Computing Raises $30M in Series B2 Funding". FinSMEs. Retrieved November 26, 2025.
  15. ^ "Best Places to Work Small". San Francisco Business Times. April 24, 2020. Retrieved November 26, 2025.
  16. ^ "Cloud analytics startup Sigma Computing raises $300 mln in funding round". December 16, 2021. Retrieved November 26, 2025.
  17. ^ "No-code cloud analytics startup Sigma Computing raises $300M". SiliconANGLE. December 16, 2021. Retrieved November 26, 2025.
  18. ^ "Partner Summit: Future-Focused Innovation". Snowflake. Retrieved November 26, 2025.
  19. ^ "Differentiation key as Sigma Computing raises $200M | TechTarget". Search Business Analytics. Retrieved November 26, 2025.
  20. ^ Davis, Dominic-Madori (February 20, 2025). "60 US startups became unicorns in 2024: Here's the full list". TechCrunch. Retrieved November 26, 2025.
  21. ^ Mitchell, Charlie (June 25, 2025). "Gartner Magic Quadrant for Analytics and Business Intelligence (ABI) Platforms 2025: The Rundown". CX Today. Retrieved November 26, 2025.
  22. ^ Tian, John (April 20, 2025). "How "AI + 3000 Dietitians" made it $50M in Revenue". The Signal. Retrieved November 26, 2025.
  23. ^ Davis, Dominic-Madori (February 20, 2025). "60 US startups became unicorns in 2024: Here's the full list". TechCrunch. Retrieved November 26, 2025.
  24. ^ "Announcing the 2025 Partner Award Winners". www.snowflake.com. Retrieved November 26, 2025.
  25. ^ "Databricks Announces 2025 Global Partner Awards". Databricks. June 9, 2025. Retrieved November 26, 2025.