Snowflake has raised $1.56B across venture rounds, including late-stage financings and post-IPO capital. Headquartered in Bozeman, Montana, United States, Snowflake provides a cloud-native data platform that combines warehousing, data lakes, data engineering, data science, and secure data sharing across multi-cloud environments. Funding supported global expansion, product development (data marketplace, data apps, analytics, and ML workflows), and go-to-market acceleration, positioning Snowflake for one of the largest tech IPOs.
Keep reading to learn how Snowflake enables enterprise-scale cloud analytics and data collaboration.
What Is Snowflake and What Does It Do?
Snowflake, founded in 2012 by Benoit Dageville and Thierry Cruanes, is a cloud data platform company based in Bozeman, Montana, United States.
Snowflake employs 7,004 people and provides a multi-cloud data warehouse and data cloud that supports analytics, data engineering, machine learning, and secure data sharing. Snowflake’s architecture separates compute and storage, enabling elastic scaling, multi-tenant security, and workload optimization for global enterprises.
How Much Funding Has Snowflake Raised?
1. Series G
- Amount Raised: $479M
- Date: Feb 07, 2020
- Lead Investors: Dragoneer, Salesforce Ventures, Altimeter, Madrona, Sequoia, Sutter Hill, Redpoint, ICONIQ
- Purpose: Scale product and international go-to-market
2. Series F
- Amount Raised: $450M
- Date: Oct 09, 2018
- Lead Investors: Sequoia Capital, Meritech, Madrona, Wing, Redpoint, Altimeter, Sutter Hill, ICONIQ
- Purpose: Expand engineering, global reach, and channel ecosystem
Total Funding Raised: $1.56B
Latest Funding Date: Jun 2022
Current Valuation: Public company (market cap fluctuates)
Key Investors
- Sutter Hill Ventures
- Details: Early investor in enterprise software and infrastructure
- Focus Areas: Data infrastructure, cloud, enterprise software
- Notable Investments: Snowflake, Cloudera, Databricks (via other funds), Atlassian
- Sequoia Capital
- Details: Iconic VC backing breakout systems and infrastructure companies
- Focus Areas: Cloud, data platforms, enterprise SaaS
- Notable Investments: Apple (early), Google (early), Snowflake, Stripe, Airbnb
- Salesforce Ventures
- Details: Corporate VC investing in cloud and enterprise software aligned with the Salesforce ecosystem
- Focus Areas: CRM extensions, data, analytics, SaaS
- Notable Investments: Snowflake, MuleSoft, Zoom, Slack integration partners
- Altimeter Capital
- Details: Growth investor focusing on technology and enterprise scale-ups
- Focus Areas: Cloud, data infrastructure, SaaS
- Notable Investments: Snowflake, Salesforce (support), Shopify, Datadog
- Dragoneer Investment Group
- Details: Long-term investor in high-growth private and public tech companies
- Focus Areas: Enterprise software, marketplaces, data
- Notable Investments: Snowflake, Spotify, Roblox, Databricks, ZoomInfo
Where Is Snowflake’s Headquarters?
Snowflake is headquartered in Bozeman, Montana, United States (global HQ & engineering), with major offices in San Mateo and other multi-cloud ecosystems.
What’s Next for Snowflake?
Snowflake will expand its data cloud offerings (data apps, marketplace), deepen partner integrations, and invest in AI/ML features and governance to capture growing enterprise analytics workloads.
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