DEAL_OVERVIEW
Deal Terms
Date
2025-06-02
Amount
$250M
Est. Multiple
N/A
Key Talent
N/A
Integration Time
N/A
Categories
DatabasePostgresAI Infrastructure
Deal Multiples
EV / Revenue
~$250M reported price over ~$30M annualized revenue ≈ 8x revenue.
8.3x
Strategic Rationale
~$250M for enterprise-grade Postgres (Crunchy reportedly ~$30M ARR), shipped as Snowflake Postgres — Snowflake's direct answer to Databricks buying Neon the same month. Gives Snowflake an OLTP / agent-ready transactional database to complement its analytical core.
POST_ACQUISITION_TIMELINE
No post-acquisition events tracked
KEY_PEOPLE
No tracked role transitions