Sumo Logic

Redwood City, CA Information Technology Public

Sumo Logic is a cloud-based log management and analytics platform that enables organizations to collect, ingest, and analyze machine-generated big data from applications, infrastructure, security, and IoT sources. The platform provides continuous intelligence for DevOps, security, and business intelligence use cases.

Public Company

Sumo Logic is publicly traded

IPO'd on September 17, 2020

SUMO NASDAQ

This company is no longer available on our private secondary market. Shares can be traded publicly under SUMO.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2010

Employees

983

Total Funding

$2.39B

10 rounds

Last Private Valuation

$1.7B

May 12, 2023

Funding

Total raised $2.39B across 10 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Take-private (Francisco Partners)

Date

May 12, 2023

Amount

$1.7B

Valuation

$1.7B

Lead Investors

Francisco Partners
DateRoundAmount RaisedValuationLead Investors
May 12, 2023 Take-private (Francisco Partners) $1.7B $1.7B Francisco Partners
September 17, 2020 IPO $326M $2.17B Morgan Stanley, J.P. Morgan
July 2019 Secondary / Tender $20M Not disclosed

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 5x 10x 20x 50x 100x 200x IPO 2013 2016 2019 2022 Sumo Logic

Entry · Series A

$0.0B

Apr 2010

Sumo Logic today

$1.7B

May 2023 · latest mark

Sumo Logic multiple

141x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Christian Beedgen

    Co-Founder, Chief Technology Officer

  • Kumar Saurabh

    Co-Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Datadog

    Cloud monitoring and observability platform for infrastructure, applications, and security

  • Splunk

    Data analytics platform for machine data with focus on security and operations

  • New Relic

    Cloud-based observability platform for application performance monitoring and tracing

  • Elastic

    Search and analytics engine for logs, metrics, and security data

Sumo Logic Investment FAQ

Sumo Logic FAQ

Yes, Sumo Logic is publicly traded under the ticker symbol SUMO on the NASDAQ. The company went public in September 17, 2020.

Sumo Logic trades under the ticker symbol SUMO on the NASDAQ. It began trading in September 17, 2020.

Sumo Logic (SUMO on the NASDAQ) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker SUMO to place an order.

Sumo Logic went public in September 17, 2020 via ipo, with an offering valuation of approximately $1.7B. Sumo Logic went public on NASDAQ under ticker symbol SUMO on September 17, 2020, raising $326 million at $22 per share. The company was acquired by Francisco Partners on May 12, 2023 for $1.7 billion at $12.05 per share in cash, taking it private.

Sumo Logic raised $2.39B across 10 disclosed funding rounds prior to its public listing.

Sumo Logic was co-founded by Christian Beedgen, and Kumar Saurabh in 2010.

Sumo Logic is headquartered in Redwood City, CA.

Access live market data

Sign Up

Data collected with AI, which can make mistakes. Please double-check this information.