How Much Did Dremio Raise?
Funding & Key Investors

Dremio, a prominent player in the data lakehouse market, has secured significant enterprise-level funding, with its most recent capital infusion described as a major strategic investment. The company's total funding to date stands at $420M, reflecting substantial backing for its innovative data analytics solutions. The latest funding round, which occurred on January 25, 2022, underscores continued investor confidence in Dremio's mission to reinvent SQL for data lakes.

What is Dremio?

Dremio
SoftwareBusiness Intelligence (BI) SoftwareDatabase & File Management Software

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:

2015

Unspecified

$10M

Series A

$15M

2018

Series B

$30M

2020

Series C

$70M

2021

Series D

$135M

2022

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.

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Frequently Asked Questions Regarding Dremio Financial Insights

What are the most recent funding rounds that Dremio has completed, and what were the funding rounds?
Dremio has recently completed 3 funding rounds: Series E on Jan 25, 2022, Series D on Jan 6, 2021, Series C on Mar 26, 2020.
What is the total amount of funding Dremio has raised to date?
Dremio has raised a total of $420M in funding to date.
How many funding rounds has Dremio completed?
Dremio has completed 3 funding rounds.
How much funding did Dremio raise in its most recent funding round?
Dremio raised $160M in its most recent funding round.
Who are the lead investors in Dremio's latest funding round?
The lead investor in Dremio's latest funding round was Lightspeed Venture Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Dremio's history?
The largest funding round in Dremio's history was $160M.
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