Snowflake
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 Snowflake 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 |
|---|---|
| 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 |
|---|---|---|---|---|
| 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% |
Snowflake Employees & Team Size
Snowflake employs approximately 7.3K people as of 2026, up from 6.6K in 2023.
Snowflake has 7.3K total employees in different roles and functions and 916 sales reps that carry a quota. They have 9.4K customers that rely on the company's 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) |
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
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Snowflake acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently 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.
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Compare Snowflake to the industry
Snowflake operates across multiple industries. Browse revenue, funding, and growth data for Snowflake in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .