Snowflake Inc.

Snowflake Inc.
Snowflake Inc.
  • Headquarters

    Bozeman, MT
  • Founded

    2012
  • CEO / Founder

    Sridhar Ramaswamy
  • Employees

    5001-10000
  • Funding

    Public
  • Stock

    SNOW
  • Products

    1 product listed
  • Avg. AI Score

    8.3/10

Profile updated

Products
1
Avg AI Score
8.3/10
Founded
2012
Funding
$3.4B
About Snowflake Inc.

Snowflake Inc. was founded in 2012 by Benoit Dageville, Thierry Cruanes, and Marcin Zukowski to build a cloud-native data warehouse with separated storage and compute. The Data Cloud platform now spans data warehousing, data lakes, data engineering, data science, data applications, and AI workloads.

The company went public on the NYSE in September 2020 in what was at the time the largest software IPO in US history. Sridhar Ramaswamy became CEO in February 2024, succeeding Frank Slootman. Snowflake operates across AWS, Microsoft Azure, and Google Cloud regions.

Headquartered in Bozeman, Montana with major engineering offices in San Mateo, California, Snowflake employs approximately 7,000 people and reported FY24 revenue of $2.8 billion.

Financials

Dated, source-cited figures. Estimates are marked.

Valuationest.
$70.4B
cnbc.com
Revenue
$1.3B
sec.gov
Total Raised
$3.4B
cnn.com
Valuation over time
$12.4B(February 2020, est.)$22.3B(September 2020, est.)$33.3B(Sep 15, 2020, est.)$70.4B(Sep 16, 2020, est.)
Revenue over time
$265M(2019)$242M(Jul 31, 2020, est.)$1.2B(2022, est.)$1.2B(Jan 31, 2022)$2.1B(2023, est.)$2.1B(Jan 31, 2023)$774.7M(Jan 31, 2024)$2.8B(Feb 28, 2024)$828.7M(Apr 30, 2024)$868.8M(Jul 31, 2024)$942.1M(Oct 31, 2024)$3.6B(2025, est.)$986.8M(Jan 31, 2025)$1.3B(Jan 31, 2026)
Total Raised over time
$1.4B(February 2020, est.)$3.4B(Sep 16, 2020)
Products by Snowflake Inc.

All products by Snowflake Inc. reviewed by our AI panel of experts.

How Our Review Panel Scores Snowflake Inc.

Six independent reviewer personalities assessed Snowflake Inc.'s product on their own terms. They disagreed by 1.6 points — The Finance Lead was the hardest to convince, The Decision Maker the most positive.

The Decision Maker
8.8
The Domain Strategist
8.8
The Domain Practitioner
8.4
The Power User
8.2
The Skeptic
8.2
The Finance Lead
7.2

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Snowflake Inc. competes with, and how they differ.

Databricks logo
Databricks8.4/10

Lakehouse architecture built on Spark and Delta Lake, emphasizing unified data engineering, ML, and AI workloads with open-format storage rather than Snowflake's managed proprietary storage layer.

1 product reviewed on TopReviewed
G
Google BigQuery

Serverless, fully-managed data warehouse tightly integrated with Google Cloud, priced on a pay-per-query or capacity model, competing directly for cloud analytics workloads.

MongoDB logo
MongoDB8.4/10

Document-oriented NoSQL database optimized for operational application workloads rather than analytical data warehousing, though its Atlas platform increasingly overlaps in analytics and search use cases.

1 product reviewed on TopReviewed
Informatica logo
Informatica7.4/10

Enterprise data integration and management software vendor focused on ETL, MDM, and governance across on-prem and cloud environments, often deployed alongside Snowflake rather than as a warehouse replacement, but competes for enterprise data platform budget.

1 product reviewed on TopReviewed
Collibra logo
Collibra8.0/10

Data governance and cataloging platform that layers on top of warehouses like Snowflake; competes for enterprise data platform spend but is not a warehouse substitute itself.

1 product reviewed on TopReviewed
Fivetran, Inc. logo
Fivetran, Inc.8.1/10

Managed ELT/data pipeline tool that loads data into warehouses including Snowflake, positioning it as a complementary ingestion layer rather than a direct storage/compute competitor, though it increasingly bundles transformation and destination features that push into adjacent territory.

1 product reviewed on TopReviewed
Company Timeline

Key milestones in Snowflake Inc.'s history, with sources.

  1. Acquisition

    Announces intent to acquire Observe

    Snowflake signed a definitive agreement to acquire AI-powered observability platform Observe, aiming to unify telemetry data with its AI Data Cloud on Apache Iceberg and OpenTelemetry standards.

    snowflake.com
  2. Acquisition

    Acquires Crunchy Data for ~$250M

    Snowflake agreed to acquire enterprise PostgreSQL provider Crunchy Data for approximately $250 million, launching "Snowflake Postgres" to give customers a native Postgres option.

    blocksandfiles.com
  3. Milestone

    Sridhar Ramaswamy named CEO, succeeding Frank Slootman

    Frank Slootman retired as CEO and remained Chairman of the Board; Sridhar Ramaswamy, who joined via the Neeva acquisition, was named CEO effective immediately.

    snowflake.com
  4. Acquisition

    Acquires Neeva

    Snowflake acquired AI search startup Neeva, founded in 2019 by ex-Google executives including Sridhar Ramaswamy; deal terms were not disclosed at announcement.

    techcrunch.com
  5. Acquisition

    Acquires Streamlit for ~$800M

    Snowflake signed a definitive agreement to acquire Streamlit, the open-source Python framework for building data apps, in a deal reported at approximately $800 million.

    techcrunch.com
  6. Milestone

    IPO on NYSE — largest software IPO at the time

    Snowflake priced its IPO at $120/share, raising nearly $3.4 billion at a $33.2 billion valuation; shares opened at $245, more than double the IPO price on the first day of trading.

    news.crunchbase.com
  7. Funding

    Raises $479M private round at $12.4B valuation

    Snowflake closed a $479 million private funding round in February 2020, valuing the company at $12.4 billion ahead of its September 2020 IPO filing.

    news.crunchbase.com
  8. Milestone

    Frank Slootman named Chairman and CEO

    Snowflake appointed Frank Slootman, former ServiceNow and Data Domain CEO, as Chairman and CEO, succeeding Bob Muglia who had led the company for five years.

    prnewswire.com
  9. Founded

    Snowflake Computing founded in San Mateo, California

    Snowflake was founded by Benoit Dageville, Thierry Cruanes, and Marcin Zukowski, former Oracle and Vectorwise data-warehousing engineers, to build a cloud-native data warehouse.

    en.wikipedia.org

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