What is Dremio?
Dremio positions itself as the open and easy data lakehouse, offering self-service SQL analytics, data warehouse performance, and data lake flexibility. Hundreds of organizations, including three Fortune 5 companies, leverage Dremio for mission-critical business intelligence on their data lakes. As the original creator of Apache Arrow, Dremio is dedicated to advancing SQL capabilities for data lakes and supporting customers throughout their cloud migration journeys. Founded in 2015 and headquartered in Santa Clara, California, the company is at the forefront of democratizing data access and analytics.
How much funding has Dremio raised?
Dremio has raised a total of $420M across 6 funding rounds:
Unspecified
$10M
Series A
$15M
Series B
$30M
Series C
$70M
Series D
$135M
Series E
$160M
Unspecified (2015): $10M with participation from Redpoint Ventures and Lightspeed Venture Partners
Series A (2015): $15M led by Lightspeed Venture Partners and Redpoint Ventures
Series B (2018): $30M supported by Redpoint Ventures, Norwest Venture Partners, and Lightspeed Venture Partners
Series C (2020): $70M featuring Redpoint Ventures, Norwest Venture Partners, Insight Partners, Lightspeed Venture Partners, and Cisco Investments
Series D (2021): $135M backed by Redpoint Ventures, Norwest Venture Partners, Sapphire Ventures LLC, Insight Partners, Lightspeed Venture Partners, and Cisco Investments
Series E (2022): $160M with participation from Lightspeed Venture Partners, Insight Partners, and Adams Street Partners
Key Investors in Dremio
Lightspeed Venture Partners
Lightspeed Venture Partners (lsvp.com) is a global multistage venture capital firm that raises dedicated funds and invests in early and growthstage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure, partnering with founders from seed through IPO/M&A.
Insight Partners
Insight Partners is a global venture capital and private equity firm focused on investing in high-growth technology and software companies. They provide capital and strategic support to help their portfolio companies scale.
Redpoint Ventures
Redpoint Ventures was founded in 1999 and is a venture capital firm focused on investments in early growth-stage companies.
What's next for Dremio?
With substantial enterprise-level investment and a recent strategic financing round, Dremio is well-positioned for accelerated growth and market expansion. The company's focus on providing a unified data lakehouse experience, combining the best of data warehouses and data lakes, addresses a critical need in the modern data landscape. Continued investment in its core technology, particularly its Apache Arrow contributions, and its self-service SQL analytics capabilities will likely drive further adoption among enterprises seeking to derive greater value from their data assets. Dremio's trajectory suggests a strong emphasis on enhancing BI performance and enabling seamless cloud data strategies.
See full Dremio company page