/Companies

Sigma

Unicorn · $3B

San Francisco, US · Founded 2014 · 14 known investors

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Sigma Computing provides a warehouse-native analytics platform that lets business teams build, deploy, and govern AI applications on live data warehouse data without moving it, using spreadsheet-style input tables, embedded agents, and automated actions. It serves enterprise data, finance, and operations teams building self-service dashboards and workflow apps.

Also known as Sigma Computing

Founders & leadership

Sigma was founded in 2014 by Robert Woolen, Rob Woollen, and Jason Frantz.

RW
Robert WoolenCo-founder
RWRob Woollen
Rob WoollenCTO / Co-founderHe co-founded Sigma Computing in 2014 and led it as CEO until 2020, when he moved into the CTO role. Before that he was an Entrepreneur in Residence at Sutter Hill Ventures and spent six years at Salesforce as Principal Architect, CTO of Platform, SVP of Platform Product Management and CTO of Work.com, following work as Chief Architect for WebLogic Server at BEA Systems.
JFJason Frantz
Jason FrantzCo-founder · Chief ArchitectHe co-founded Sigma Computing in 2014 and served as CTO until 2020, when he became Chief Architect. He was previously an Entrepreneur in Residence at Sutter Hill Ventures, a software architect at MapR Technologies, and an engineer at Clustrix and Agami Systems.
MPMike Palmer
Mike PalmerCEOHe joined Sigma in 2020 after serving as Chief Product Officer at Druva and as EVP and Chief Product Officer at Veritas Technologies. Earlier roles include SVP and General Manager at Seagate Technology, nearly a decade in product, cloud, security and marketing leadership at Verizon Enterprise Solutions, and management positions at Totality and XUMA.
CLChristina Liu
Christina LiuCFOChristina Liu spent 20 years in finance roles ranging from Big 4 accounting firms to C-suite positions at public SaaS and enterprise software companies, and now serves as CFO of Sigma Computing. She advises startups on organizational structure, talent acquisition, and financial operations.
EDEran Davidov
Eran DavidovSVP EngineeringEran Davidov has over 15 years of experience in product and service creation across corporate and startup environments, with expertise in team building, product development, and cross-functional leadership. He serves as SVP of Engineering at Sigma Computing.
OCOrla Clifford
Orla CliffordVP OperationsOrla Clifford is VP Operations at Sigma Computing and brings experience in operations, pricing, planning, M&A, and business integration across organizations managing over $2 billion in annual revenue, with expertise in process management, metrics, and cross-functional program execution.
AH
Ali HarmerGeneral Counsel
JF
Jason FranzNamed on SEC filing

Board

MSMichael Speiser
Michael SpeiserBoard directorManaging Director at Sutter Hill Ventures
BG
Brad GerstnerBoard director
CP
Chad PeetsBoard director

Investors · 14

Spark CapitalreportedSan Francisco · $500K – $25M

How we know: a partner's Signal profile · funding news · press coverage · the VCSheet dataset · research · sigmacomputing.com · Not right? Tell us

Also in the syndicate · 2

D1 Capital PartnersXN

Funding

SEC filings, press & company announcements

$735.3M disclosed across 7 of 10 rounds · 2014–2026

▶$264MraisedJan 2025 · 36 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael SpeiserDirector
  • Michael PalmerExecutive Officer, Director
  • Brad GerstnerDirector
  • Jason FrantzExecutive Officer, Director
  • John McMahonDirector
  • Rene BonvanieDirector
  • Robert WoollenExecutive Officer, Director
  • Chad PeetsDirector
  • Scott DietzenDirector
Offering amount
$274M
Amount sold
$264M
First sale
Apr 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$340MraisedMay 2023 · 63 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael SpeiserDirector
  • Brad GerstnerDirector
  • Scott DietzenDirector
  • John McMahonDirector
  • Robert WoollenExecutive Officer, Director
  • Michael PalmerExecutive Officer, Director
  • Jason FrantzExecutive Officer, Director
Offering amount
$340M
Amount sold
$340M
First sale
Nov 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$15MraisedSep 2021 · 23 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Jason FrantzExecutive Officer, Director
  • Scott DietzenDirector
  • Robert WoollenExecutive Officer, Director
  • John McMahonDirector
  • Michael PalmerExecutive Officer, Director
  • Kevin WangDirector
  • Michael SpeiserDirector
Offering amount
$15M
Amount sold
$15M
First sale
Sep 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$8.3MraisedApr 2021 · 23 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Jason FranzExecutive Officer, Director
  • Robert WoolenDirector
  • Michael PalmerExecutive Officer, Director
  • Scott DietzenDirector
  • Kevin WangDirector
  • Michael SpeiserDirector
  • John McMahonDirector
Offering amount
$21M
Amount sold
$8.3M
First sale
Apr 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$30MofferedNov 2019 · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Scott DietzenDirector
  • John McMahonDirector
  • Kevin WangDirector
  • Mike SpeiserDirector
  • Robert WoollenExecutive Officer, Director
  • Jason FrantzExecutive Officer, Director
Offering amount
$30M
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$20MraisedJan 2018 · 27 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Jason FrantzExecutive Officer, Director
  • Mike SpeiserDirector
  • Kevin WangDirector
  • Robert WoollenExecutive Officer, Director
Offering amount
$20M
Amount sold
$20M
First sale
Dec 2017
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$8MraisedApr 2014 · 31 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Jason FrantzExecutive Officer, Director
  • Mike SpeiserDirector
  • Robert WoollenExecutive Officer, Director
  • Sam PullaraDirector
Offering amount
$8M
Amount sold
$8M
First sale
Apr 2014
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$3Bvaluation at Series EMay 2026
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Sigma (Sigma Computing) provides a platform for analytics, applications, and AI agents that runs directly on cloud data warehouses and lakehouses. Users interact with live warehouse data through a spreadsheet-style interface, SQL, Python, or natural language, and can build dashboards, pixel-perfect paginated reports, embedded analytics, and interactive AI applications. Because Sigma queries the warehouse directly rather than moving data, permissions, audit, lineage, and change management are handled through a single control plane and security is inherited from the underlying cloud data platform (sources cite SOC 2 Type II, HIPAA, GDPR, and SSO/SCIM support).

Beyond reporting, the platform supports write-back of decisions, forecasts, and inputs to the warehouse, approvals, and automated workflow steps. Product components include AI Apps with an AI Builder, writeback and actions; dashboards and analysis with self-service exploration, natural-language query, drill-down and data models; batch report delivery with PDF export and bursting; and embedded analytics with a React SDK, white-labeling, SSO readiness, and multi-tenant deployment. Recent additions described by the company include Sigma Agents (no-code agents that operate within cloud data platform governance), Sigma Assistant (an AI copilot that answers data questions and builds apps from prompts), data modeling skills that let engineers build and deploy Sigma data models from AI coding agents such as OpenAI Codex, Claude Code, Cursor, and Snowflake Cortex Code, and a Sigma MCP server that surfaces governed answers inside AI chat assistants such as ChatGPT and Claude. A free tier, Sigma Public, lets users publish and explore community-built apps on the same platform.

Common use cases published by the company include financial reporting and live P&L analysis, budget and variance approvals, headcount and compensation planning, demand planning, promotion pricing, commission reconciliation, lifecycle marketing activation, and executive briefing workbooks.

Founding story

Sources identify Rob Woollen (CTO) and Jason Frantz (Chief Architect) as co-founders; no founding date or founding narrative is given.

Business model

Sigma sells a software platform used by enterprises and their teams, offering a free trial, a free Sigma Public tier, and paid enterprise deployments including embedded analytics for customers' own products. Specific pricing terms are not disclosed in the sources.

Sources report annual recurring revenue ($200 million ARR reached in April 2026), indicating a subscription/recurring software model; pricing details are not disclosed.

Traction

Sources report 2,000+ customers/enterprises worldwide, 1,900+ organizations building on Sigma, more than 6,000 AI apps built by customers, over 1.1 million new active users added in the latest fiscal year, $200 million ARR reached in April 2026, and 100%+ year-over-year growth in the latest fiscal year. The company states Sigma Agents was the fastest-adopted product in its history in the first quarter of the current fiscal year.

Latest developments

May 2026: $80 million Series E at a $3 billion valuation led by Princeville Capital, with Princeville partner Vivian Huang joining the board. Recent product releases cited include Sigma Agents, Sigma Assistant, Sigma Data Modeling Skills for AI Agents, and the Sigma MCP Server. Leadership listed on the company site: Mike Palmer (CEO), Rob Woollen (CTO/co-founder), Jason Frantz (Chief Architect/co-founder), Christina Liu (CFO), Eran Davidov (SVP Engineering), Orla Clifford (VP Operations), Ali Harmer (General Counsel); board members listed are Brad Gerstner, John McMahon, René Bonvanie, Chad Peets, and Pete Schlampp.

▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positioned by the company as an AI apps and agentic analytics platform built on the cloud data warehouse, aiming to replace standalone SaaS tools and spreadsheet workflows; in 2024 it described itself as a cloud analytics solution built natively for cloud scale and claimed market growth leadership in cloud data analytics. Third-party review-site ratings shown on its homepage are 4.4 (500+ reviews) and 4.8 (200+ reviews).

Company-stated differentiators: querying the data warehouse directly so governance and security are inherited at the source rather than duplicated; a single control plane for permissions, audit, lineage, and change management; a familiar spreadsheet interface combined with SQL, Python, and natural language in one workspace; warehouse write-back and input tables allowing users to add data without code; and agents that execute workflows and trigger actions in external systems.

Technology

Warehouse-native architecture: Sigma executes queries directly against the customer's cloud data warehouse or lakehouse so governance and security remain at the source, with no data movement. Interfaces include a spreadsheet UI with familiar formulas and functions, SQL, Python, a notebook-style coding experience, and natural-language querying. Capabilities include input tables and warehouse write-back, data modeling and joins, calling warehouse-hosted AI models within workflows, AI columns and AI-assisted formulas, configurable AI providers, a REST API, a React SDK for embedding, and an MCP server. Integrations referenced include Databricks (Genie, Unity Catalog) and Snowflake. Compliance and identity features cited: SOC 2 Type II, HIPAA, GDPR, SSO and SCIM.

Go-to-market

Self-serve free trial and a free Sigma Public tier alongside enterprise sales with demos; developer documentation, QuickStarts, a community with live workshops and meetups, an app-building competition tied to its Workflow 2027 event, consulting partners, and a partner/investor ecosystem including Snowflake Ventures, Databricks Ventures, ServiceNow Ventures, and Workday Ventures.

Enterprises across industries and stages, from startups to Fortune 10 companies, spanning business teams (finance, marketing, sales operations, planning) and technical teams (data engineers, analysts, developers embedding analytics in products). Named customers cited include AMD, Duolingo, Colgate-Palmolive, JPMorgan Chase, and Bilt.

Geography

Press releases are datelined San Francisco, California; the company describes customers worldwide, and its example dashboards reference NA, EMEA, APAC, LATAM, and Japan regions.

History

Sigma announced a $200 million Series D in May 2024 at a valuation 60% above its Series C, which had been raised three years earlier. In May 2026 it announced an $80 million Series E at a $3 billion valuation, described as double its prior valuation, following $200 million ARR reached in April 2026.

Risks & controversies

No risks or controversies are described in the available sources; nearly all material is company-published, so claims about growth, customer counts, and ARR are self-reported and unverified by independent sources.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
AI apps built by customersJan 20266,000 apps
ARRApr 2026$200M
CustomersMay 20262,000 customers
New active users added in latest fiscal yearMay 20261,100,000 users
Organizations building on SigmaJan 20261,900 organizations
ValuationMay 2026$3B
Year-over-year growth (latest fiscal year)May 2026100%+

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

3 people who came through Sigma went on to found or lead other companies.

Timeline · 6

launches, deals, and filings
May 2026
Sigma raises $80M Series E at $3B valuation

Sigma closed $80 million in Series E financing at a $3 billion valuation, led by new investor Princeville Capital with participation from Databricks Ventures, ServiceNow Ventures, Workday Ventures and returning investors. JP Morgan and Allen & Company acted as placement agents. Princeville partner Vivian Huang joined the board.

$80M source ↗

May 2026
Vivian Huang of Princeville Capital joins board of directors

Princeville Capital partner Vivian Huang joined Sigma's board of directors in connection with the Series E financing.

source ↗

Jan 2026
Sigma Agents

Customizable no-code AI agents that run within the security and governance of the cloud data platform to automate business workflows; described as the fastest-adopted product in company history in Q1 of the current fiscal year.

source ↗

Jan 2026
Sigma Assistant, Data Modeling Skills for AI Agents, and MCP Server

Sigma Assistant is an AI copilot answering data questions and building AI apps from natural-language prompts; Data Modeling Skills let engineers deploy Sigma data models from AI coding agents (OpenAI Codex, Claude Code, Cursor, Snowflake Cortex Code); the Sigma MCP Server delivers governed answers inside AI chat assistants such as ChatGPT and Claude.

source ↗

May 2024
Sigma raises $200M Series D

Series D co-led by Spark Capital and Avenir Growth Capital with new investor NewView Capital and all previous investors participating, at a valuation 60% higher than the Series C raised three years earlier.

$200M source ↗

Jan 2024
Spring product launch: AI Toolkit, data applications, Python/SQL notebooks

Sigma announced features including an AI Toolkit for Business, capabilities for building scalable data applications, a notebook-style SQL and Python experience, and enhancements to embedded analytics.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

▸Research sources · 8

primary sources listed
  • Sigmasigmacomputing.com · web

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Sigma do?
Sigma is a warehouse-native analytics, AI apps, and agent platform for building governed applications on cloud data.
Who founded Sigma?
Sigma was founded by Robert Woolen, Rob Woollen, Jason Frantz in 2014.
Who are Sigma's investors?
Sigma's investors include Avenir Growth Capital, NewView Capital, Princeville Capital, Altimeter Capital, Altimeter Venture Partners, Databricks Ventures, K5 Global, ServiceNow Ventures and 4 more.
How much funding has Sigma raised?
Sigma has disclosed $735.3M raised across 7 of its 10 known rounds.
Where is Sigma headquartered?
Sigma is headquartered in San Francisco, US.