Sequoia led the $12 million Series B investment that Sigmoid closed.
Startup Sigmoid has raised $12 million from Sequoia Capital India for its Series B round of funding for data engineering and AI solutions. With this, Sequoia Capital India has now invested a total of $19.3 million in Sigmoid.
The company stated in a press release that the additional funding will support its ambition to develop its market offers, increase delivery options, and serve new sectors.
Lokesh Anand, Mayur Rustagi, and Rahul Kumar Singh founded Sigmoid in 2013, a company that creates dependable, scalable data pipelines and accelerators that give enterprises quicker access to business insights. In order to assist businesses in gaining a competitive edge through efficient data-driven decision making, it combines data engineering with AI consultancy.
Over 500 data specialists make up the Sigmoid team, which has extensive knowledge in data engineering, cloud data modernization, artificial intelligence, and data operations.
In addition to Byju’s, CRED, Druva, Five Star Finance, Freshworks, GoTo, Groww, Kopi Kenangan, Mamaearth, Pine Labs, Polygon, Razorpay, Truecaller, Zomato, and others, Sequoia Capital India and Sequoia Capital Southeast Asia actively collaborate with founders from a wide range of businesses across industries.
15 firms were chosen for Sequoia’s Surge’s seventh cohort last month.
Sigmoid is a leading data engineering and AI solutions company that helps enterprises gain a competitive advantage with effective data-driven decision-making. Our team is strongly driven by the passion to unravel data complexities. We generate actionable insights and translate them into successful business strategies.
We leverage our expertise in open-source and cloud technologies to develop innovative frameworks catering to specific customer needs. Our unique approach has positively influenced the business performance of our Fortune 500 clients across CPG, retail, banking, financial services, manufacturing, and other verticals.
Backed by Sequoia Capital, Sigmoid has offices in New York, San Francisco, Dallas, Lima, Amsterdam, and Bengaluru. We are recognized among the world’s fastest growing and innovative tech companies, winning several awards and recognition like the Deloitte Technology Fast 500, Financial Times- The Americas’ Fastest Growing Companies, Inc. 5000, Great Place To Work- India’s Best Leaders in Times of Crisis, Data Breakthrough, Aegis Graham Bell, TiE50, NASSCOM Emerge 50, and others.
When was Sigmoid founded?
Sigmoid was founded in 2013.
Who is the founder of Sigmoid?
Lokesh Anand co-founded Sigmoid in 2013 along with Mayur Rustagi and Rahul Kumar Singh to enable companies to solve complex business problems using data and insights. An alumnus of IIT Kharagpur, Lokesh worked with Siemens and Procter & Gamble before co-founding Sigmoid.
Is Sigmoid hiring?
Sigmoid is hiring for multiple positions like Content Marketing Manager, UX Designer, Sr. Presales Consultant, and Director of Account Management.
What is the team size of Sigmoid?
As per the popular social media site LinkedIn, Sigmoid has 483 employees.
Where is the head office of Sigmoid?
Sigmoid headquarters is in San Francisco, California, United States.
How much is the revenue of Sigmoid?
Achieves a stellar two-year revenue growth of 778%, riding on customer focus and continuous innovations in the end-to-end data analytics value chain.
Sigmoid seems to be an interesting startup with spurring new development on IT services and IT consulting platform. Congratulations on your startup. May this new business bring you huge success and fulfillment.Shishir Gupta, Founder and CEO, StartupLanes
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