Sigma, a cloud-native analytics platform for data warehouses, closed an $80M Series E round led by Princeville Capital. The funding values the company at $3B.
The funding round included participation from strategic investors Databricks Ventures, ServiceNow Ventures, and Workday Ventures.
Sigma provides a platform layer that sits on top of existing data warehouses, enabling analytics capabilities without requiring organizations to migrate their underlying infrastructure. The company has positioned itself in the growing segment of tools designed to enhance and extend data warehouse functionality.
The $80M injection represents significant momentum for Sigma as it competes in the analytics and business intelligence space. The involvement of venture arms from Databricks, ServiceNow, and Workday signals confidence from established enterprise software players in Sigma's approach to cloud-native analytics.
---
PIVOT SECURES $40M FOR AI-POWERED PROCUREMENT
Paris-based Pivot raised $40M in Series B funding co-led by Forestay Capital and Notion Capital. The company develops AI tools for procurement and financial workflows.
Pivot plans to use the capital to expand its AI-powered platform and accelerate development of agentic AI capabilities—autonomous systems that can perform complex business tasks with minimal human intervention.
The funding reflects growing enterprise interest in applying AI to back-office operations, particularly in procurement and finance functions where automation can drive cost savings and efficiency gains.
Town, an enterprise personal AI assistant platform, is in talks to raise funding at a $1 billion valuation in a round led by Index Ventures, according to sources.
Product management platform Linear reached $100M in annual recurring revenue and conducted a $99M employee tender offer at a $2.5B valuation, doubling its valuation from $1.25B in 2025.
Flipboard is acquiring Bluesky feed-building startup Graze, integrating its ad technology and creator monetization tools into its open social web platform.
Artificial intelligence is fundamentally changing how startups operate, not just what they build. According to Floodgate co-founder Ann Miura-Ko, companies are deploying AI agents across engineering, sales, marketing, and strategy to accelerate learning and execution.