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Five Sigma is a B2B insurtech start-up selling SaaS claims management systems to help carriers transform their claims management process
Last updated
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 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 | - | - | |
| 2021 | Series A | $12M | - | - | |
| 2019 | Seed Round | $6M | - |
| Question | Answer |
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| What's your age? | - |
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| Advice for 20 year old self | - |
We do not have customer count information for Five Sigma yet.
Five Sigma employs approximately 53 people as of 2026.
Five Sigma generates $10.1M in revenue.
Five Sigma was founded by Oded Barak.
The CEO of Five Sigma is Oded Barak.
Five Sigma raised $20M across 3 rounds.
Five Sigma has 53 employees.
Five Sigma is headquartered in Tel Aviv, Israel.
Five Sigma operates across multiple industries. Browse revenue, funding, and growth data for Five Sigma in each sector below.
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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2024 Revenue
$10.1M
Funding
$20M
Team
53
Founded
2017
| Year | Milestone | Source |
|---|---|---|
| 2024 | Five Sigma Hit $10.1m revenue in November 2024 | |
| 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 | |
| 2017 | Launched with $0 revenue |
| - |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 53 employees (October 2024) | |
| 2023 | Reached 53 employees (October 2023) | |
| 2022 | Reached 53 employees (October 2022) | |
| 2022 | Reached 24 employees (January 2022) | |
| 2021 | Reached 28 employees (December 2021) | |
| 2021 | Reached 13 employees (September 2021) |
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