Snowflake
Bozeman, Montana, United States
Valuation
$29.8B
2024 Revenue
$2.8B
Customers
9.4K
Funding
$4.8B
Avg ACV
$297.4K
Team · 2025
7.3K
Founded
2012
Snowflake Revenue, Valuation & Funding (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 | Source |
|---|---|---|
| 2024 | Snowflake Hit $2.8b revenue in December 2024 | investors.snowflake.com |
| 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 | Source |
|---|---|---|---|---|---|
| 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% |
Founders
Frank Slootman
CEO
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.
Michael Scarpelli
Chief Financial Officer
Michael Scarpelli is listed as Chief Financial Officer at Snowflake.
Christopher Degnan
Chief Revenue Officer
Christopher Degnan is listed as Chief Revenue Officer at Snowflake.
Matthew Glickman
VP of Customer & Product Strategy
Matthew Glickman is listed as VP of Customer & Product Strategy at Snowflake.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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 | Source |
|---|---|---|
| 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 across 9 rounds.
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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