Diligence memo · auto-generated · as of July 2, 2026

Snowflake Computing, Inc.

Snowflake Computing, Inc. looks under-valued against its niche peers and is active on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

Snowflake Computing, Inc. operates in AI / ML, based in BOZEMAN. Snowflake powers AI, data engineering, applications, and analytics on a trusted, scalable AI Data Cloud—eliminating silos and accelerating innovation.

Sub-sector tags: ai/ml, devtools.

Capital & rounds (filed)filed

Snowflake Computing, Inc. has raised $2.4B in disclosed capital across 10 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).

Largest single filing: $621M on 2022-04-05.

Most recent recorded round closed around 2026-02-02.

Valuation (modeled)modeled

Provath models Snowflake Computing, Inc. at approximately $3.7B (range $2.9B–$4.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.43× the median modeled value of Growth/Late AI / ML companies in 2025–2027 (8 peers) — value vs value, same stage and era. Issuer reports $100M+ revenue while modeled below niche peers.

Financing rhythm & timingmixed

Historic cadence: a new round about every 15 months.

Last raise 5 mo ago; this sector typically re-raises about every 11 months.

Raising on or ahead of the sector's normal rhythm.

The last round was 1.7× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 100% of AI / ML peers (2067 compared).

Modeled value ranks above 99% of those peers.

Closest niche peers: Databricks, Inc., Genesys Cloud Services Topco LLC, Crusoe Energy Holdings Inc., Integris AI Healthcare Group, Inc., Grammarly, Inc..

Peoplefiled

24 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.