How Sigopt hit $576K revenue and 12 customers in 2017.
SigOpt takes any research pipeline and tunes it, right in place, boosting your business objectives.Our cloud-based ensemble of optimization algorithms is proven and seamless to deploy.
2014
Founded
$576K
2017 Revenue
-----
YOY
$8.7M
Funding
Sigopt Revenue
In 2017, Sigopt revenue run rate hit $576K in revenue.
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2017
Sigopt hit $576K in revenue in 2017
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2014
Sigopt launched in 2014 with $0 revenue
Sigopt Funding History
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2016 Series A
Sigopt raised a Series A of in August, 2016
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2015 Seed Round
Sigopt raised a Seed Round of in June, 2015
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2015 Seed Round
Sigopt raised a Seed Round of in March, 2015
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| August, 24 2016 | Series A | ||
| June, 16 2015 | Seed Round | ||
| March, 22 2015 | Seed Round |
Team
Sigopt has 26 total employees and 2 sales reps that carry a quota. They have 12 customers an engineering team of 10 and a marketing team of 4.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 26 |
| Engineer | 10 (38%) |
| Sales | 2 (8%) |
| Marketing | 4 (15%) |
Founder / CEO
Scott Clark
Scott Clark, CEO & Co-Founder of SigOpt, is passionate about empowering experts to achieve their full potential with optimization solutions. He conceived of the idea for SigOpt while completing his Applied Mathematics Ph.D. at Cornell and proceeded to build an open source the Metric Optimization Engine at Yelp to help solve this problem. This process taught him that optimization needed to be productized to be effective for enterprises, which led him to found SigOpt in 2014, which has subsequently been funded by Y-Combinator, Andreessen Horowitz, Blumberg Capital, DCVC, In-Q-Tel, and others. SigOpt now helps firms and academics around the world accelerate and amplify their research through optimization in fields from machine learning to algorithmic trading and beyond. Scott holds a Ph.D. in Applied Mathematics and an MS in Computer Science from Cornell University, and BS degrees in Mathematics, Physics, and Computational Physics from Oregon State University. He was chosen as one of Forbes’ 30 under 30 in 2016.
Q&A
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What's your age?
31
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Favorite online tool?
Slack
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Favorite book?
Hard thing about hard things
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Favorite CEO?
Phil Knight
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Advice for 20 year old self
It doesn't get easier
Customers
Churn
Sigopt Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Scott Clark | CEO | [email protected] | - |
Sigopt Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Scott Clark | CEO | [email protected] | - |
Frequently Asked Questions about Sigopt
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When was Sigopt founded?
Sigopt was founded in 2014.
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How much revenue does Sigopt generate?
Sigopt generates $576K in revenue.
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Who is the CEO of Sigopt
The CEO of Sigopt is Scott Clark.
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How much funding does Sigopt have?
Sigopt raised $8.7M.
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How many employees does Sigopt have?
Sigopt has 26 employees.
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Where is Sigopt headquarters?
Sigopt is headquartered at 100-Bush Street, San Francisco, California, 94104, United States
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