About
Snowflake is a public cloud data platform (SNOW) that hit $3.63B revenue in FY2025 (+29% YoY) and $2.8B in FY2024 (+36%). 9,400+ customers including 580 with $1M+ annual spend and 745 Forbes Global 2000 companies. 126% net revenue retention. $5.2B remaining performance obligations. Expanding into AI with Cortex features and Snowpark for data engineering and ML workloads.
Key Facts
- [1]Founded: Founded in 2012 in Bozeman, United States.
- [2]Funding: Total funding: $621M. Last round: Apr 2022. Stage: Public.
- [3]Customers: Key customers include Capital One, Adobe, DoorDash.
- [4]Employees: Employee count: 5,000+.
- [5]Company Type: Public company.
- [6]Website: Official website: snowflake.com.
- [7]AI Technology: Core AI/ML technologies: Infrastructure.
- [8]Region: Region: Americas (United States).
Founders
Benoit Dageville
Co-founder
Thierry Cruanes
Co-founder
Marcin Zukowski
Co-founder
Key Customers & Partners
AI Technology
Infrastructure
AI/ML infrastructure, compute networks, and tooling
Classification
Tech Stack Layers
Details
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Frequently Asked Questions
What is Snowflake?
Snowflake is a public cloud data platform (SNOW) that hit $3.63B revenue in FY2025 (+29% YoY) and $2.8B in FY2024 (+36%). 9,400+ customers including 580 with $1M+ annual spend and 745 Forbes Global 2000 companies. 126% net revenue retention. $5.2B remaining performance obligations. Expanding into AI with Cortex features and Snowpark for data engineering and ML workloads. Snowflake is classified in the Research & Data segment at the Infrastructure layer of the financial AI stack.
Who founded Snowflake?
Snowflake was founded by Benoit Dageville (Co-founder), Thierry Cruanes (Co-founder), and Marcin Zukowski (Co-founder) in 2012 in Bozeman, United States. The company has been operating for 14 years. Snowflake is now a publicly traded company.
How much funding has Snowflake raised?
Snowflake has raised $621M in total funding, placing the company at the Public stage. The most recent round closed in Apr 2022. Among 58 funded Research & Data companies, Snowflake ranks #9 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Snowflake use?
Snowflake primarily leverages Infrastructure technology. AI/ML infrastructure, compute networks, and tooling. Within the Research & Data segment, 10 companies use this technology.
What market segment does Snowflake operate in?
Snowflake operates in the Research & Data and Trading & Markets and Risk & Compliance and Lending & Credit and Insurance market segments. AI research and data companies provide the intelligence layer of the financial ecosystem — processing vast quantities of structured and unstructured data into actionable insights for investors, analysts, and financial institutions. The company also has a footprint in trading & markets and risk & compliance and lending & credit and insurance, reflecting its cross-functional approach to financial AI.
Where is Snowflake headquartered?
Snowflake is headquartered in Bozeman, United States. The company operates in the Americas region. The team consists of 5,000+ employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Snowflake's competitors?
Companies similar to Snowflake in the Research & Data space include Stripe ($9.8B raised), Natural ($10M raised), Catena Labs ($18M raised), Tegus ($112M raised), AlphaSense ($1.6B raised). These companies operate in related areas of financial AI: Stripe focuses on ai-powered payments platform with fraud detection. Natural focuses on payments infrastructure for ai agent transactions. Catena Labs focuses on building payment rails for ai agents. (Based on AIFI Map classification data.)
What products does Snowflake offer?
Snowflake builds infrastructure-layer solutions for the financial services industry. The company's core offering: AI-enhanced data platform for finance. The platform is powered by Infrastructure technology. Notable users include Capital One, Adobe, DoorDash.
Is Snowflake publicly traded?
Yes, Snowflake is a publicly traded company.