Snowflake logo
Founded 2012

Snowflake

2020 Revenue

$264.7M

YOY

173.73%

Funding

$1.4B

How Snowflake hit $264.7M in Revenue with 3K Customers in 2020.

About Snowflake

Snowflake is a cloud data platform that provides a data warehouse as a service designed for the cloud.

Monthly Revenue

$22.1M

+ $14.0M (173.73%)
Total Expenses

$22.1M

=
Net Income

-$1.0

Ebidta Margin

0.00%

+
YOY Growth

173.73%

=
Rule of 40

174


Headquarters

450 Concar Dr San MateoCaliforniaUnited States
$Funding$Revenue

Snowflake Revenue

In 2020, Snowflake revenue run rate hit $264.7M in revenue.

174.00%▲$96.7M$264.7M

Snowflake Valuation and Funding History

Snowflake has raised a total of $1.4B.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
02/07/2020$479.0M$12.4B
10/11/2018$450.0M$3.5B
01/25/2018$263.0M$1.5B
09/06/2017$105.0M
06/23/2015$79.0M
10/24/2014$26.0M
08/01/2012$5.0M
02/01/2012$900.0K

Customers

Snowflake has 3K customers.

Lifetime Months

×
Monthly ARPU

$7.1K

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$84.9K

$0$84.9K024681012

Churn

Snowflake has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Snowflake has 2,347 employees. They have 916 sales reps that carry a quota They have an engineering team of 478. and a marketing team of 83.

201820192020123.00%▲37.00%▲
DistributionQty

Total Team Size

2347

Engineers

478 (20%)

Sales

916 (39%)

Marketing

83 (4%)

CEO/Founder

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.


CEO Q&A

What's your age?

61

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Snowflake Board of Directors

NamePosition

Snowflake Executives

NamePosition
Frank SlootmanChief Executive Officer
Michael ScarpelliChief Financial Officer
Christopher DegnanChief Revenue Officer

Snowflake Employees

NamePosition
Benoit DagevilleCo-founder
Mark BloombergDirector of Sales
Brett MartinRecruiting
Matthew GlickmanVP of Customer & Product Strategy
Kathy O'DriscollVP of People

Frequently Asked Questions about Snowflake

When was Snowflake founded?

Snowflake was founded in 2012.


Who is the CEO of Snowflake?

The CEO of Snowflake is Frank Slootman


How many employees does Snowflake have?

Snowflake has 2,347 employees.

How much revenue does Snowflake generate?

Snowflake generates $264.7M in revenue.


How much funding does Snowflake have?

Snowflake has raised $1.4B.


Where is Snowflake headquarters?

Snowflake is headquartered at 450 Concar Dr San MateoCaliforniaUnited States

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