Five Sigmarevenue & funding
Other Analytics SoftwareTel Aviv, IsraelFounded 2017CEO Oded Barak
Five Sigma is a B2B insurtech start-up selling SaaS claims management systems to help carriers transform their claims management process
Five Sigma revenue
Five Sigma has not published its revenue. GetLatka estimates it at about $10.1M a year (November 2024).
| As of | Revenue | Source |
|---|---|---|
| Sep 2021 | $1.3M | – |
| Oct 2023 | $2.9MEST. | GetLatka estimate |
| Oct 2024 | $3.6MEST. | GetLatka estimate |
| Nov 2024 | $10.1MEST. | GetLatka estimate |
– source not recorded
Five Sigma funding rounds & investors
Five Sigma has raised $20M across three rounds since 2019. The latest was a $2M Series A in January 2022.
| Date | Round | Raised |
|---|---|---|
| Jan 2022 | Series A | $2M |
| Sep 2021 | Series A | $12M |
| Jun 2019 | Seed | $6M |
| Total raised | $20M |
Five Sigma CEO, founders & employees
Oded Barak founded Five Sigma in 2017 and runs it as CEO. Five Sigma has 53 employees (October 2024, LinkedIn).
- Oded BarakCo-founder & CEO
All 6 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Oct 2024 | 53 | |
| Oct 2023 | 53 | |
| Oct 2022 | 53 | |
| Jan 2022 | 24 | – |
| Dec 2021 | 28 | |
| Sep 2021 | 13 | – |
Five Sigma FAQ
How much money does Five Sigma make?
Five Sigma has not published its revenue. GetLatka estimates about $10.1M a year (November 2024).
How much funding has Five Sigma raised?
$20M across 3 rounds; the latest was a $2M Series A in January 2022.
Who is the CEO of Five Sigma?
Oded Barak, a co-founder.
Who founded Five Sigma?
Oded Barak, in 2017.
How many employees does Five Sigma have?
About 53 as of October 2024 (LinkedIn).
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How this page is sourced
4 from public sources · 3 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Sep 10, 2026Data disclaimerReport a correctionClaim this profileRun Five Sigma? Join the podcast