Sigma

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.