Dremio was founded in 2015 by Jacques Nadeau and Tomer Shiran. Dremio has not officially endorsed a plan to participate in an IPO.
Dremio is a data lake platform. Per Forge data, Dremio has raised a total of $410 million in funding over 6 rounds. Their latest funding was raised on Jan 25, 2022, from a Series E round. Key investors include Insight Partners, Adams Street Partners, Redpoint, Norwest Venture Partners, Saphire Ventures, Lightspeed Venture Partners, and Cisco Investments.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
01/25/2022 | Series E | $160MM | $xx.xx | $2B | Adams Street Partners, Cisco Investments, Dtcp, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Sapphire Ventures, Stepstone Group | |
Price per Share
$xx.xx
Shares Outstanding
18,783,742
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Adams Street Partners, Cisco Investments, Dtcp, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Sapphire Ventures, Stepstone Group
|
||||||
01/06/2021 | Series D | $135MM | $xx.xx | $1.08B | Cisco Investments, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures, Sapphire Venture | |
Price per Share
$xx.xx
Shares Outstanding
27,661,082
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cisco Investments, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures, Sapphire Venture
|
||||||
03/26/2020 | Series C | $70MM | $xx.xx | $400MM | Cisco Investments, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures | |
Price per Share
$xx.xx
Shares Outstanding
30,480,492
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cisco Investments, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures
|
||||||
01/23/2018 | Series B | $30MM | $xx.xx | $135MM | Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures | |
Price per Share
$xx.xx
Shares Outstanding
33,986,620
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures
|
||||||
09/01/2015 | Series A | $12.04MM | $xx.xx | $50MM | Lightspeed Venture Partners, Redpoint Ventures | |
Price per Share
$xx.xx
Shares Outstanding
32,190,812
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Lightspeed Venture Partners, Redpoint Ventures
|