2024 Revenue
$10.1M(Est.)
Funding
$20M
Team
53
Founded
2017
Five Sigma Revenue & Funding (2024)
Five Sigma generated an estimated $10.1M in annual revenue in 2024. Source: GetLatka estimate
Five Sigma is a B2B insurtech start-up selling SaaS claims management systems to help carriers transform their claims management process
Last updated
Five Sigma Revenue
In 2024, Five Sigma's revenue reached $10.1M. The company previously reported $3.6M in 2024. Since its launch in 2017, Five Sigma has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Five Sigma Hit $10.1m revenue in November 2024 | Estimated |
| 2024 | Five Sigma Hit $3.6m revenue in October 2024 | Estimated |
| 2023 | Five Sigma Hit $2.9m revenue in October 2023 | Estimated |
| 2021 | Five Sigma Hit $1.3m revenue in September 2021 | Not recorded |
| 2017 | Launched with $0 revenue |
Five Sigma Valuation, Funding Rounds
Five Sigma has not publicly disclosed its valuation. The company has raised $20M in total funding to date.
Five Sigma has raised $20M in total funding across 3 rounds, most recently a $2M Series A round in 2022.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2022 | Series A | $2M | - | - | Not recorded |
| 2021 | Series A | $12M | - | - | Not recorded |
| 2019 | Seed | $6M | - | - | Not recorded |
Founder / CEO
Customers
We do not have customer count information for Five Sigma yet.
Five Sigma Employees & Team Size
Five Sigma employs approximately 53 people as of 2026.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 53 employees (October 2024) | Not recorded |
| 2023 | Reached 53 employees (October 2023) | Not recorded |
| 2022 | Reached 53 employees (October 2022) | Not recorded |
| 2022 | Reached 24 employees (January 2022) | Not recorded |
| 2021 | Reached 28 employees (December 2021) | Not recorded |
| 2021 | Reached 13 employees (September 2021) | Not recorded |
Frequently Asked Questions about Five Sigma
What is Five Sigma's revenue?
As of 2024, Five Sigma generated an estimated $10.1M in annual revenue.
Who founded Five Sigma?
Five Sigma was founded by Oded Barak.
Who is the CEO of Five Sigma?
The CEO of Five Sigma is Oded Barak.
How much funding does Five Sigma have?
Five Sigma raised $20M across 3 rounds.
How many employees does Five Sigma have?
As of 2024, Five Sigma had 53 employees.
Where is Five Sigma headquartered?
Five Sigma is headquartered in Tel Aviv, Israel.
Compare Five Sigma to the industry
Five Sigma operates across multiple industries. Browse revenue, funding, and growth data for Five Sigma in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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