Diligence memo · auto-generated · as of July 2, 2026
Sigma Computing, Inc.
Sigma Computing, Inc. looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Sigma Computing, Inc. operates in AI / ML, based in SAN FRANCISCO. Our mission is to remove the barriers that prevent people from analyzing data by delivering the full spectrum of self-service cloud analytics and BI.
Sub-sector tags: ai/ml, data/analytics.
Capital & rounds (filed)filed
Sigma Computing, Inc. has raised $675M in disclosed capital across 7 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $340M on 2021-11-18.
Most recent recorded round closed around 2024-04-05.
Valuation (modeled)modeled
Provath models Sigma Computing, Inc. at approximately $3.4B (range $1.4B–$4.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.00× the median modeled value of Series D+ AI / ML companies in 2022–2024 (11 peers) — value vs value, same stage and era. Within the normal band (100% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 15 months.
Last raise 2.2 yr ago; this sector typically re-raises about every 11 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 1.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 99% of AI / ML peers (2067 compared).
Modeled value ranks above 99% of those peers.
Closest niche peers: Inflection Ai, Inc., Shield AI Inc, Magic AI, Inc., Snyk Ltd, Vendr, Inc..
Peoplefiled
14 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.