Valuation
$29.8B
2024 Revenue
$2.8B
Customers
9.4K
Funding
$4.8B
Avg ACV
$297.4K
Team
7.3K
Profits
$1
Churn
5%
How Snowflake CEO Frank Slootman grew to $2.8B revenue and 9.4K customers in 2024.
Snowflake is a cloud-based data warehousing company that provides a platform for businesses to store, manage, and analyze their data. Snowflake's platform includes features such as data storage, processing, and analytics, as well as tools for data sharing and collaboration. The platform is designed to help businesses of all sizes and industries leverage the power of data to make informed decisions, improve operations, and drive growth.
Last updated
Snowflake Revenue
In 2024, Snowflake's revenue reached $2.8B. The company previously reported $264.7M in 2020. Since its launch in 2012, Snowflake has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Snowflake Hit $2.8b revenue in December 2024Source | |
| 2020 | Snowflake Hit $264.7m revenue in January 2020 | |
| 2019 | Snowflake Hit $96.7m revenue in January 2019 | |
| 2012 | Launched with $0 revenue |
Snowflake Valuation, Funding Rounds
Snowflake reached a $29.8B valuation in 2020.
Snowflake has raised $4.8B in total funding across 9 rounds, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2020 | Funding round | $3.4B | $29.8B | 11% | |
| 2020 | Series G | $478.8M | $11.9B | 4% | |
| 2018 | Series F | $450M | $3.5B | 13% | |
| 2018 | Series E | $263M | $1.5B | 18% | |
| 2017 | Series D | $105M | $400M | 26% | |
| 2015 | Series C | $79M | $183M | 43% | |
| 2014 | Series B | $26M | $55M | 47% | |
| 2012 | Series A | $5M | $14.5M | 34% | |
| 2012 | Seed Round | $900K | $5.8M | 15% |
Founder / CEO
Frank Slootman
Frank Slootman currently serves as Chairman and CEO at Snowflake. Frank has over 25 years of experience as an entrepreneur and executive in the enterprise software industry. Mr. Slootman served as CEO and President of ServiceNow from 2011 to 2017, taking the organization from around $100M in revenue, through an IPO, to $1.4B. Prior to that, Frank served as President of the Backup Recovery Systems Division at EMC following an acquisition of Data Domain Corporation/Data Domain, Inc., where he served as the Chief Executive Officer and President, leading the company through an IPO to its acquisition by EMC for $2.4B. Slootman holds undergraduate and graduate degrees in economics from the Netherlands School of Economics, Erasmus University Rotterdam.
Q&A
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Customers
Snowflake serves 9.4K customers.
Snowflake Employees & Team Size
Snowflake employs approximately 7.3K people as of 2026, up from 6.6K in 2023, including 916 sales reps that carry a quota. It serves 9.4K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2025 | Reached 7.3K employees (January 2025) |
| 2023 | Reached 6.6K employees (July 2023) |
| 2020 | Reached 2.3K employees (December 2020) |
| 2020 | Reached 1.9K employees (June 2020) |
| 2020 | Reached 671 employees (March 2020) |
| 2020 | Reached 2K employees (January 2020) |
| 2019 | Reached 1.5K employees (December 2019) |
Frequently Asked Questions about Snowflake
What is Snowflake's revenue?
Snowflake generates $2.8B in revenue.
Who founded Snowflake?
Snowflake was founded by Benoit Dageville.
Who is the CEO of Snowflake?
The CEO of Snowflake is Frank Slootman.
How much funding does Snowflake have?
Snowflake raised $4.8B.
How many employees does Snowflake have?
Snowflake has 7.3K employees.
Where is Snowflake headquarters?
Snowflake is headquartered in Bozeman, Montana, United States.
Compare Snowflake to the industry
Snowflake operates across multiple industries. Browse revenue, funding, and growth data for Snowflake 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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