General Information
We believe in a data connected world where organizations have seamless access to explore, share, and unlock the value of data. To realize this vision, we are pioneering the Data Cloud, an ecosystem where Snowflake customers, partners, and data providers can break down data silos and derive value from rapidly growing data sets in secure, governed, and compliant ways.
Our Cloud Data Platform is the innovative technology that powers the Data Cloud. Our platform enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data. We deliver our platform through a customer-centric, consumption-based business model, only charging customers for the resources they use.
Our platform solves the decades-old problem of data silos and data governance. Leveraging the elasticity and performance of the public cloud, our platform enables customers to unify and query data to support a wide variety of use cases. It also provides frictionless and governed data access so users can securely share data inside and outside of their organizations, generally without copying or moving the underlying data. As a result, customers can blend existing data with new data for broader context, augment data science efforts, or create new monetization streams. Delivered as a service, our platform requires near-zero maintenance, enabling customers to focus on deriving value from their data rather than managing infrastructure.
Our cloud-native architecture consists of three independently scalable layers across storage, compute, and cloud services.
Employees: 2037
Founded: 2012
Contact Information
Address 450 Concar Drive, San Mateo, CA 94402, US
Phone Number (844) 766-9355
Web Address
View Prospectus: Snowflake
Financial Information
Market Cap $33274.8mil
Revenues $402.7 mil (last 12 months)
Net Income $-342.6 mil (last 12 months)
IPO Profile
Symbol SNOW
Exchange NYSE
Shares (millions): 28.0
Price range $120.00 - $120.00
Est. $ Volume $3360.0 mil
Manager / Joint Managers Goldman Sachs/ Morgan Stanley/ J.P. Morgan/ Allen & Co./ Citigroup
CO-Managers Credit Suisse/ Barclays/ Deutsche Bank Securities/ Mizuho Securities/ Truist Securities/ BTIG/ Canaccord Genuity/ Capital One Securities/ Cowen and Company/ D.A. Davidson & Co./ JMP Securities/ Oppenheimer & Co./ Piper Sandler/ Stifel/ Academy Securities/ Loop Capital Markets/ Ramirez & Co./ Siebert Williams Shank
Expected To Trade: 9/16/2020
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change