When was Sigma Systems founded?

Sigma Systems was founded in 1996 and raised its 1st funding round 4 years after it was founded.

Where is Sigma Systems located?

Sigma Systems is headquartered in Toronto, Canada.

Is Sigma Systems a funded company?

Sigma Systems is a funded company, having raised a total of $21M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Aug 22, 2000.

When was the latest funding round of Sigma Systems?

Sigma Systems' latest funding was a $***** Series C round on May 29, 2015, with participation from 1 investor. Its primary sector is Sales Force Automation. Globally, the Sales Force Automation sector has seen $386M in funding in 2026 to date.

Where does Sigma Systems rank among its competitors?

Sigma Systems ranks 38th amongst 461 active competitors, of which 44 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was PandaDoc, which secured $5.87M in Dec, 2025.

Who are the top competitors of Sigma Systems?

Sigma Systems' top competitors include Comviva, Conga and PandaDoc. Among them, PandaDoc secured the most recent funding round in December, 2025.

Sigma Systems - 2026 Company Profile, Team, Funding & Competitors

Sigma Systems is an acquired company based in Toronto (Canada), founded in 1996. It operates as a Product, order management and network provisioning solutions provider. Sigma Systems has raised $21M in funding. The company has 461 active competitors, including 44 funded and 80 that have exited. Its top competitors include companies like Comviva, Conga and PandaDoc.

Company Details

Offers a channel sales management solution for media and tech enterprises. Module include Sigma Catalog (allows enterprises to managing & creating entire product portfolio), Sigma CPQ (allows enterprises to configure, price and quote complex orders in real-time), Sigma Order management (allows enterprise to manage orders across multiple channels) and Sigma Cloud Broker service (allows enterprise to deliver personalized business bundles to customers). Also offers network provisioning and analytics solutions for the service providers. Customers include Vodafone, Telenor, Viasat, and TeliaSonera.

Website: sigma-systems.com
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Key Metrics

Founded Year

1996

Location

Toronto, Canada

Stage

Acquired

Total Funding

$21M in 3 rounds

Latest Funding Round

Series C, May 29, 2015, $*****

Investors

Kleiner Perkins & 4 more

Ranked

38^th among 461 active competitors

Investment & Acquisitions

Tribold

Similar Companies

Comviva & 391 more

Exit Details

Acquired by Hansen Technologies (May 01, 2019)

View Sigma Systems' full profile

Sigma Systems got acquired by Hansen Technologies on May 01, 2019 at an acquisition amount of $117M.

Click here to take a look at Sigma Systems's acquisition in detail

Sigma Systems has raised a total funding of $21M over 3 rounds. Its first funding round was on Aug 22, 2000. Its latest funding round was a Series C round on May 29, 2015 for $*****. 1 investor participated in its latest round. Sigma Systems has 5 institutional investors.

Here is the list of recent funding rounds of Sigma Systems:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 29, 2015	1125803	Series C	3454312	1805395	2318653	9982738
Feb 22, 2001	9642651	Series B	3322406	3863802	6125580	Cisco Investments
Aug 22, 2000	1485256	Series A	2739362	7725239	3211279	RedwoodVentures & 2 more

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Top competitors of Sigma Systems include Comviva, Conga and PandaDoc. Here is the list of Top 10 competitors of Sigma Systems, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Comviva 1999, Gurugram (India), Acquired	Developer of platforms for digital payments, marketing, and business operations	$13.5M	Cisco, Sequoia Capital & 27 others	77/100
2nd	Conga 2006, Broomfield (United States), Acquired	Provider of document automation, contract lifecycle management, and revenue solutions	$140M	Salesforce Ventures, Insight Partners & 3 others	72/100
3rd	PandaDoc 2011, San Francisco (United States), Series C	Provider of document management and automation platform with e-signature capabilities	$75.7M	G Squared, OMERS & 23 others	69/100
4th	Pricefx 2011, Pfaffenhofen (Germany), Series C	Platform offering cloud and AI based pricing management software	$131M	Credo Ventures, Bain & Company & 7 others	67/100
5th	Synchronoss 2000, Bridgewater (United States), Acquired	SaaS-based platform providing subscriber analytics, network asset management, and cloud services	$34M	Saints Capital, Adams Street Partners & 12 others	66/100
6th	Neusoft 1991, Shenyang (China), Public	IT solutions and service provider	-	Intel Capital, Legend Capital & 6 others	64/100
7th	Mobileum 2000, Cupertino (United States), Acquired	Telecom analytics solutions provider, securing networks and unlocking data intelligence	$59M	MC Capital, T Capital & 10 others	64/100
8th	Telness 2020, Stockholm (Sweden), Series A	Provider of business phone systems and VoIP phone systems	$15.7M	Industrifonden, Forestum Capital & 3 others	61/100
9th	Comarch 1993, Krakow (Poland), Acquired	Cloud-based enterprise resource planning software for enterprises	-	CVC, Europa	60/100
10th	Amdocs 1982, Chesterfield (United States), Public	Cloud-based OSS and BSS solutions provider	-	SG Americas Securities, Welsh, Carson, Anderson & Stowe ... & 3 others	60/100
38th	Sigma Systems 1996, Toronto (Canada), Acquired	Product, order management and network provisioning solutions provider	$21M	Kleiner Perkins, Cisco Investments & 3 others	48/100