Sigma

About Sigma

Financials

Dated, source-cited figures. Estimates are marked.

Products by Sigma

All products by Sigma reviewed by our AI panel of experts.

Sigma ComputingAI Analytics

The AI runtime for business

From $25/mo7.6/10

Competitive Landscape

Who Sigma competes with, and how they differ.

Tableau (Salesforce)7.7/10

The incumbent Sigma most often displaces: Tableau centres on visual authoring by analysts and its heritage is extract-based, whereas Sigma keeps a spreadsheet grid over live warehouse tables and supports write-back. Tableau sells into the wider Salesforce estate; Sigma sells alongside Snowflake, Databricks and AWS.

2 products reviewed on TopReviewed

Microsoft Power BI7.8/10

Power BI wins on price and Microsoft 365 bundling, with per-user licensing far below Sigma and semantic modelling done in Power BI Desktop. Sigma pushes all computation into the customer cloud data platform instead of an in-memory model, which is its argument at large data volumes and for governance.

9 products reviewed on TopReviewed

Looker (Google Cloud)7.9/10

Closest architectural analogue: both query the warehouse live and both centre on a governed model, but Looker requires LookML defined by data engineers while Sigma exposes a spreadsheet interface business users edit directly. Looker is tied to Google Cloud go-to-market; Sigma is warehouse-neutral.

2 products reviewed on TopReviewed

ThoughtSpot7.8/10

The most direct rival on the AI and natural-language axis, where ThoughtSpot search-first Spotter agent competes with Ask Sigma and Sigma Agents. ThoughtSpot leads with search and answer generation; Sigma leads with a spreadsheet surface and write-back data apps built on the same warehouse.

1 product reviewed on TopReviewed

Hex8.1/10

Overlaps on AI-assisted data apps built on the warehouse, but Hex targets analysts and data scientists through SQL and Python notebooks, while Sigma targets business users who never leave a spreadsheet grid. Hex is stronger for exploratory and modelling work; Sigma for operational apps distributed to non-technical teams.

1 product reviewed on TopReviewed

O

Omni

Founded in 2022 by Looker alumni and the nearest same-generation competitor: warehouse-native BI that combines a governed semantic model with spreadsheet-style and SQL editing. Omni is the smaller, later entrant and competes mainly in new mid-market deals rather than the enterprise accounts Sigma now targets.

Company Timeline

Key milestones in Sigma's history, with sources.

1. Aug 6, 2026Partnership

   Multi-year strategic collaboration agreement with AWS

   Sigma and Amazon Web Services signed a multi-year strategic collaboration agreement covering joint go-to-market work and availability of Sigma through AWS Marketplace, letting customers buy the platform against their existing AWS commitments.

   sigmacomputing.com
2. May 18, 2026Funding

   Series E — $80M at a $3B valuation led by Princeville Capital

   New investors Princeville Capital (lead), Databricks Ventures, ServiceNow Ventures and Workday Ventures joined returning backers Altimeter Capital, Avenir Growth Capital, D1 Capital Partners, K5 Global, NewView Capital, Spark Capital, Sutter Hill Ventures and XN. The valuation doubled from the 2024 Series D.

   sigmacomputing.com
3. Apr 13, 2026Milestone

   ARR doubles to $200M

   Sigma said annual recurring revenue reached $200 million in April 2026, doubling year over year, with more than 2,000 customers and 1.1 million new active users added in the fiscal year. Sigma Agents was described as the fastest-adopted feature in company history.

   sigmacomputing.com
4. Sep 10, 2025Launch

   AI Builder, Sigma Reveal and Sigma Tenants announced

   Sigma unveiled AI Builder, expanded Ask Sigma discovery, Sigma Reveal for interactive exploration, and Sigma Tenants for managing isolated customer workspaces at scale.

   sigmacomputing.com
5. Apr 9, 2025Milestone

   $100M ARR passed; J.P. Morgan and K5 Global join as equity investors

   Sigma reported crossing $100 million in annual recurring revenue after 83% growth in the fiscal year ended 31 January 2025, with more than 1,350 customers and over 250 accounts above $100,000 ARR. J.P. Morgan and K5 Global came on as equity investors.

   sigmacomputing.com
6. Mar 13, 2025Launch

   Data Apps released

   Sigma launched Data Apps, no-code tooling for building custom data-driven applications and workflows that run directly on the cloud data platform rather than on extracted copies.

   sigmacomputing.com
7. Dec 12, 2024Launch

   Ask Sigma and AI Query added to the platform

   A platform update introduced Ask Sigma, a natural-language query interface that exposes the steps behind each answer, AI Query for applying machine-learning models to warehouse data, and Input Table write-back to Amazon Redshift.

   sigmacomputing.com
8. May 16, 2024Funding

   Series D — $200M co-led by Spark Capital and Avenir Growth Capital

   New investor NewView Capital joined returning backers Snowflake Ventures, Sutter Hill Ventures, D1 Capital Partners, XN and Altimeter Capital. Sigma said the round priced roughly 60% above its 2021 Series C.

   sigmacomputing.com
9. Dec 16, 2021Funding

   Series C — $300M co-led by D1 Capital Partners and XN

   The round took Sigma total funding to $381.3 million. Returning investors Sutter Hill Ventures and Altimeter Capital participated alongside new investor Snowflake Ventures.

   sigmacomputing.com
10. May 12, 2020Milestone

    Mike Palmer appointed CEO

    Former Druva chief product officer Mike Palmer became chief executive. Co-founder Rob Woollen moved from CEO to CTO and co-founder Jason Frantz became chief architect.

    sigmacomputing.com
11. Nov 13, 2019Funding

    $30M momentum round from Altimeter Capital and Sutter Hill Ventures

    Existing investors Altimeter Capital and Sutter Hill Ventures added $30 million in an off-cycle B2 round, taking Sigma total funding to $58 million. The company had just been named to CNBC 2019 Upstart 100 list.

    sigmacomputing.com
12. 2014Founded

    Sigma Computing founded in San Francisco

    Co-founders Rob Woollen and Jason Frantz started Sigma in 2014 to serve analysts who work in spreadsheets but need to query data held in cloud warehouses such as Snowflake, removing the requirement to write SQL.

    sigmacomputing.com