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Sigma (analytics company)
From Wikipedia, the free encyclopedia
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Sigma is an American cloud-based analytics and business intelligence company.[1][2]
 | This article contains promotional content. (November 2025) |
In 2025, it was valued at $1.5 billion.[3]
It was founded in 2014 by Jason Frantz and Rob Woollen.[4][5]
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Sigma was founded in 2014 in California by Jason Frantz and Rob Woollen under the name Bitmoon Computing.[6] That same year, the company raised an $8 million Series A funding round.[7][8][9] 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.[10] That year, Sigma raised $20 million in a Series B funding round from Sutter Hill Ventures[11] and Altimeter Capita and moved its headquarters to San Francisco’s financial district.[12]
In 2019, Sigma was named to CNBC's Upstart 100 list.[13] 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.[14][15]
In 2020, Sigma was recognized as a Best Place to Work by the San Francisco Business Times and Inc. magazine.[16]
In 2021, it raised $300 million in a Series C funding round led by D1 Capital Partners.[17][18]
In 2023, the company was named Snowflake Business Intelligence Partner of the Year by Snowflake.[19] In 2024, the company shortened its name to Sigma. That year, it raised a $200 million Series D round.[20][21]
In 2025, Sigma was included in the Gartner Magic Quadrant for Analytics and Business Intelligence.[22] That year, the company surpassed $100 million in annual recurring revenue[23] and achieved a valuation of $1.5 billion, having raised a total of $560 million to date.[24] Also, Sigma was named Snowflake and Databricks' partners of the year.[25][26]
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References
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