SAP acquires Dremio

AUGUST 14, 2026

SAP acquires Dremio

TARGET

Open, high-performance data lakehouse platform enabling enterprise data and analytics teams to run SQL queries, BI, and AI workloads directly across cloud and on-premises data sources without ETL or data movement.

Ownership	VC-backed · Lightspeed Venture Partners, Insight Partners, Sapphire Ventures, Redpoint Ventures, Norwest Venture Partners +5 more
Capital raised	$420M
Headcount	372 FTEs
Headquarters	Austin, Texas
Sell-side advisor	—

ACQUIRER

SAP

Global enterprise application software company offering ERP, analytics, and cloud business solutions.

Ownership	—
Headquarters	Walldorf, Germany
Buy-side advisor	—

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SAP -> Dremio  (2026-08-21)
strategic_acquisition | DevTools/Infrastructure | closed
Target: Open, high-performance data lakehouse platform enabling enterprise data and analytics teams to run SQL queries, BI, and AI workloads directly across cloud and on-premises data sources without ETL or data movement.
Website: dremio.com
HQ: Austin, Texas | Ownership: vc-backed
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/sap-dremio.html

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