Dremio was founded in 2015 by Jacques Nadeau and Tomer Shiran. While discussing the company's future, CPO Shiran stated that their goal "is to build a great standalone public company. We don't have a specific timeline in mind for an IPO, but it's definitely the path that we're headed." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Dremio is a high-performance data lake platform. The company has raised more than $400 million in venture capital funding, most recently in a January 2022 Series E round that brought in $160 million from investors including Adams Street Partners, Sapphire Ventures, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, and Cisco Investments. The round resulted in a post-money valuation of $2 billion, doubling the company's valuation from the previous year.
Dremio does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Dremio will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 1/25/2022 | Series E | $2B | $XXX.XX | $XXX.XX |
| 1/6/2021 | Series D | $1.08B | $XXX.XX | $XXX.XX |
| 3/26/2020 | Series C | $400MM | $XXX.XX | $XXX.XX |
| 1/23/2018 | Series B | $135MM | $XXX.XX | $XXX.XX |
| 9/1/2015 | Series A | $50MM | $XXX.XX | $XXX.XX |
Dremio is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Dremio pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Dremio is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
