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2024 Revenue

$10.1M

Funding

$20M

Team

53

Founded

2017

Five Sigma Revenue & Funding (2024)

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.

Five Sigma Revenue GrowthReported revenue / ARR over time$0$2.5M$5M$7.5M$10M$12.5M20172018201920202021202220232024$0$1.3M$2.9M$10.1MSource: GetLatka.com
YearMilestoneSource
2024Five Sigma Hit $10.1m revenue in November 2024
2023Five Sigma Hit $2.9m revenue in October 2023Estimated
2021Five Sigma Hit $1.3m revenue in September 2021
2017Launched 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.

Five Sigma Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$5M$0.4$10M$0.6$15M$0.8$20M$1$25M201720182019202020212022Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2022Series A$2M--
2021Series A$12M--
2019Seed Round$6M--

Founder / CEO

Oded Barak

CEO

Oded Barak is the CEO and co-founder of Five Sigma.

Q&A

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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.

Five Sigma Team GrowthReported headcount over time0132538506320172018201920202021202220232024005353Source: GetLatka.com
YearMilestoneSource
2024Reached 53 employees (October 2024)
2023Reached 53 employees (October 2023)
2022Reached 53 employees (October 2022)
2022Reached 24 employees (January 2022)
2021Reached 28 employees (December 2021)
2021Reached 13 employees (September 2021)

Frequently Asked Questions about Five Sigma

What is Five Sigma's revenue?

Five Sigma generates $10.1M in 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?

Five Sigma has 53 employees.

Where is Five Sigma headquarters?

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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Five Sigma Revenue 2024: $10.1M ARR, $20M Raised