Snowflake Ventures
Description
Snowflake Ventures operates as the strategic investment arm of Snowflake, the prominent Data Cloud company. Established to foster innovation and growth within the broader data ecosystem, the venture fund primarily targets companies that are committed to mobilizing data and building solutions that complement or leverage the Snowflake Data Cloud. This strategic alignment ensures that their investments not only yield financial returns but also strengthen Snowflake's platform capabilities and expand its market reach.
The fund's investment thesis centers on identifying and supporting high-growth companies that are developing cutting-edge applications, services, and technologies across various data-centric domains, including data governance, analytics, artificial intelligence, machine learning, and data integration. While their stated focus is on growth-stage companies, Snowflake Ventures also engages in strategic early-stage investments where there is a strong potential for synergy with Snowflake's core offerings. Beyond capital, portfolio companies gain invaluable access to Snowflake's technical expertise, go-to-market support, and extensive customer base, accelerating their development and market penetration.
Snowflake Ventures is an active investor, having built a robust portfolio of over 50 companies since its inception. They typically write first checks ranging from $5 million to $20 million, participating in significant funding rounds for their portfolio companies. Their investments are designed to cultivate a vibrant ecosystem around the Snowflake Data Cloud, driving innovation that benefits both Snowflake and its partners. This approach underscores their commitment to shaping the future of data-driven enterprises by backing the next generation of data leaders.
Investor Profile
Snowflake Ventures has backed more than 51 startups, with 11 new investments in the last 12 months alone. The firm has led 15 rounds, about 29% of its total and boasts 4 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Series A, Series B rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, France.
- Strong thematic focus on Software, Analytics, Artificial Intelligence (AI).
- Led 1 rounds in the past year.
- Typical check size: $5M – $20M.
Stage Focus
- Series Unknown (27%)
- Series A (20%)
- Series B (12%)
- Series C (12%)
- Seed (10%)
- Series D (8%)
- Series F (6%)
- Series E (4%)
- Private Equity (2%)
Country Focus
- United States (69%)
- United Kingdom (12%)
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- France (4%)
- Germany (4%)
- Israel (4%)
- The Netherlands (2%)
- Canada (2%)
- Belgium (2%)
Industry Focus
- Software
- Analytics
- Artificial Intelligence (Ai)
- Information Technology
- Big Data
- Machine Learning
- Data Integration
- Enterprise Software
- Saas
- Cyber Security
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.
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