Sigma Computing has closed an $80 million Series E round at a $3 billion valuation, doubling its worth in a year. The round was led by Princeville Capital with strategic participation from Databricks Ventures, ServiceNow Ventures, and Workday Ventures. The company reached $200 million ARR in April, up from $100 million a year prior, with over 2,000 customers. Sigma's platform sits on top of cloud data warehouses (Snowflake, Databricks, BigQuery), offering a spreadsheet-like interface without requiring SQL. Its newest product, Sigma Agents, offers no-code AI agents operating within the warehouse's existing security framework and became the fastest-adopted feature in company history. The funding signals a broader repositioning from traditional BI toward 'agentic analytics,' competing with incumbents like Tableau, Power BI, and Looker.
