Sigma Computing

sigmacomputing.com →

-17%

est. 2Y upside i

DevOps & InfraSeries D+

Cloud analytics and business intelligence platform with spreadsheet interface

Rank

#1903

Sector

Business Intelligence / Cloud Analytics

Est. Liquidity

~3Y

Data Quality

Data: Medium

Sigma has compelling product and growth but elevated risk from $662M funding intensity, high burn, and warehouse vendor competition.

Last updated: March 20, 2026

Bull (25%)+200%

$200M+ ARR by 2027, de facto BI for Snowflake/Databricks, IPO at 10-12x.

Base (45%)+40%

Growth to 30-40%, $160-180M ARR, acquisition at 6-8x.

Bear (30%)-55%

Snowflake/Databricks build native analytics, high burn, distressed sale.

Est. time to liquidity~3.0 years
Adjusted for competitive dynamics: 64% (raw: -17%, adjustment: +12%)

Preference Stack Risk

severe

Funding Intensity

44%

$662M preferences at $1.5B val; $1B exit = common gets nothing.

Dilution Risk

high

High burn means more rounds likely; each dilutes common.

Secondary Liquidity

limited

Apr 2025 PE secondary included; discretionary for employees.

Other — 77 roles

View all 77 open roles at Sigma Computing →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Sigma Computing's data — designed to show you've done your homework.

  • 1

    “ARR, NRR, Snowflake Cortex competition?”

  • 2

    “Cap table and preference waterfall?”

  • 3

    “Path to cash-flow breakeven?”

Cluster Peers

Expected Upside

Sigma Computing
-17%
Starburst
-53%
dbt Labs
-71%
ThoughtSpot
-73%

Community

Valuation Sentiment

Our model estimates -17% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.