# Snowflake Ventures: portfolio, investments and team

> Snowflake Ventures is a corporate vc based in Australia. 7 investments on record, 5 in the last 12 months, latest Sept 2026.

Source: https://millionrounds.com/fund/snowflake-startup-challenge (Millionrounds; every figure on the page links to its filing or article)

Australia · [Investor](https://millionrounds.com/investors)

# Snowflake Ventures

Last cheque observed Sep 2026; 7 cheques on record.

Email

Corporate VC Deploying now

Seed Series A Series B Analytics Artificial Intelligence (ai) Cloud Data Services

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Deploying now

**100%** of best year **5** **cheques in 12 months**, 7 on record

Since the last cheque **36** days **00** hrs **00** min **00** sec

Median round **$65M** Rounds led **0 of 7** Mostly in **United States, 86%**

Pitch Snowflake Ventures

## Snowflake Ventures highlights

- 01 5 cheques in the last 12 months
- 02 Mostly Series B and Seed: 71% of its rounds

## What they do

> Snowflake powers AI, data engineering, applications, and analytics on a trusted, scalable AI Data Cloud, eliminating silos and accelerating innovation. From their own website

- **Type:** Corporate VC (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth Pre-IPO
- **Sectors:** Analytics Artificial Intelligence (ai) Cloud Data Services
- **Based in:** Sydney, Australia
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **7 appearances**

- **2026** 4 rounds
- **Sept** **[BAG Ventures](https://millionrounds.com/company/bag-ventures)** Seed · US · TechCrunch **$11M** With 3 others
- **Jun** **[Jedify](https://millionrounds.com/company/jedify)** Series A · US · TechCrunch **$24M** With 4 others
- **May** **[OpenRouter](https://millionrounds.com/company/openrouter)** Series B · US · TechCrunch **$113M** With 9 others
- **May** **[Dust](https://millionrounds.com/company/dust)** Series B · FR · TechStartups **$65M** With 6 others
- **2025** 3 rounds
- **Nov** **[Inception](https://millionrounds.com/company/inception)** Seed · US · TechCrunch **$50M** With 15 others
- **Jul** **[Observe](https://millionrounds.com/company/observe)** Series C · US · TechStartups **$156M** With 6 others
- **Mar** **[Omni](https://millionrounds.com/company/omni)** Series B · US · TechCrunch **$69M** With 7 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **19** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**5+** funds on file numbered funds in its name

## The cheque

Seed Series A Series B

Median round joined **$65M** the round, not its cheque

Led 0 of 7 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Series B said *3*
- Seed said *2*
- Series A said *1*
- Series C *1*
- Growth said *-*
- Pre-IPO said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) 2
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 2
- [nVentures](https://millionrounds.com/fund/nventures-2) 2

**Pitching Snowflake Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Snowflake Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Menlo Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/menlo-ventures)[**Sequoia Capital** VC firm **2** rounds together](https://millionrounds.com/fund/sequoia-capital)[**nVentures** VC firm **2** rounds together](https://millionrounds.com/fund/nventures-2)

## Recently backed

The latest companies Snowflake Ventures put money into.

[**Jedify** $24M · Jun 2026](https://millionrounds.com/company/jedify)[**OpenRouter** $113M · May 2026](https://millionrounds.com/company/openrouter)[**Dust** $65M · May 2026](https://millionrounds.com/company/dust)[**Observe** $156M · Jul 2025](https://millionrounds.com/company/observe)[**Omni** $69M · Mar 2025](https://millionrounds.com/company/omni)

## Books by the people here

2 books written by people at Snowflake Ventures: [Frank Slootman](https://millionrounds.com/person/frank-slootman).

- Amp It Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity [Frank Slootman](https://millionrounds.com/person/frank-slootman) · 2022 4.01 from 3,688 ratings on Goodreads About the book Wall Street Journal, USA Today, and Publishers Weekly BestsellerThe secret to leading growth is your mindset Snowflake CEO Frank Slootman is one of the tech world's most accomplished executives in enterprise growth, having led Snowflake to the largest software IPO ever after… On AmazonListen on Audible
- TAPE SUCKS: Inside Data Domain, A Silicon Valley Growth Story [Frank Slootman](https://millionrounds.com/person/frank-slootman) · 2011 4.08 from 326 ratings on Goodreads About the book Silicon Valley has been birthing renegade technology companies for the better part of a century, a storied lineage that traces from Stanford’s Fred Terman to the Varian brothers’ Klystron amplifier, from the hallowed garage of Bill Hewlett and Dave Packard to the bold… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about Snowflake Ventures

### What does Snowflake Ventures invest in?

Snowflake Ventures invests most often at Series B and Seed (71% of the rounds on record), in sectors such as Analytics, Artificial Intelligence (ai) and Cloud Data Services.

### How active is Snowflake Ventures?

7 investments on record, 5 of them in the last 12 months. The most recent was in Sept 2026.

### What has Snowflake Ventures invested in recently?

Its most recent investments on record: BAG Ventures (Seed, Sept 2026), Jedify (Series A, Jun 2026) and OpenRouter (Series B, May 2026).

### How big are Snowflake Ventures's cheques?

The median round it joins is $65M.

### Does Snowflake Ventures lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

### Where does Snowflake Ventures invest?

Most of the companies it backs are in the United States (86%) and France (14%).

### Is Snowflake Ventures investing now?

Yes: it is actively investing, with 5 investments in the last 12 months.

### Who does Snowflake Ventures invest alongside?

Most often Menlo Ventures (2 rounds together), Sequoia Capital (2 rounds together) and nVentures (2 rounds together).

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