Founded in 2012, Snowflake Computing specializes in cloud data warehousing and AI data cloud services. Headquartered in Bozeman, Montana, it reported $3.5 billion in revenue for 2025 but faced a $1.5 billion loss. The company, led by CEO Sridhar Ramaswamy, emphasizes self-managed services for streamlined data governance and observability. Key offerings include Snowflake ML for model development and collaborations with partner companies. In 2025, it announced plans to acquire Crunchy Data to enhance their Postgres offerings and security capabilities, reinforcing their market position.
The Snowflake Platform enhances enterprises' data management under an AI Data Cloud, focusing on self-managed services, governance, and visibility without requiring extensive end-user hardware.
Snowflake reported a $3.5 billion revenue for the year 2025, a 30% increase from 2024, despite incurring a $1.5 billion net loss.
Snowflake's CEO, Sridhar Ramaswamy, emphasized capabilities in data integration and collaboration, with offerings such as Snowflake ML and Cortex AI for advanced data processing.
The company plans to acquire Crunchy Data, a move aimed at improving security and speed for their clients in utilizing Postgres solutions.
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