Five Sigmarevenue & funding
Insurance Claims Management 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. ZoomInfo puts it at about $10.1M a year (November 2024).
All 4 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Sep 2021 | $1.3M | – |
| Oct 2023 | $2.9MEST | GetLatka estimate |
| Oct 2024 | $3.6MEST | GetLatka estimate |
| Nov 2024 | $10.1MEST | ZoomInfo 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 had 53 employees (October 2024, LinkedIn).
- Oded BarakFounder & 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
What is Five Sigma's revenue?
ZoomInfo estimates Five Sigma's revenue at about $10.1M a year (November 2024). The company hasn't published its own figure.
How much funding has Five Sigma raised?
Five Sigma has raised $20M across three funding rounds. The latest was a $2M Series A in January 2022.
How many employees does Five Sigma have?
Five Sigma had 53 employees in October 2024, according to LinkedIn.
Who is the CEO of Five Sigma?
Oded Barak is the CEO of Five Sigma and founded the company in 2017.
Who founded Five Sigma?
Oded Barak founded Five Sigma in 2017.
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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 Oct 30, 2026Data disclaimerReport a correctionClaim this profileRun Five Sigma? Join the podcast