Capital One Software named Snowflake 2023 Innovation Partner

June 27, 2023, Las Vegas, NV Capital One Software today announced at Snowflake’s annual user conference, Snowflake Summit 2023, that it has been named the Powered by Snowflake Innovation Partner of the Year by Snowflake, the Data Cloud company. Capital One Software was recognized for helping customers optimize their Snowflake compute spend and reduce waste and inefficiencies with Capital One Slingshot.

The flexibility of Snowflake helps companies like Capital One unlock access to its data with performance that enables near-infinite scalability. With Slingshot, customers can better understand their biggest cost drivers and areas of optimization, and more quickly improve performance and drive tangible business value.

“We’re thrilled to be recognized by Snowflake as their Innovation Partner of the Year,” said Ravi Raghu, President, Capital One Software, International, and Business Cards & Payments. “We announced Capital One Software as a new line of business one year ago and Snowflake has been an incredible partner as we brought our first product to market. We’re excited to continue delivering new features that allow our customers to spend less time managing their data and more time managing their business.”

“We’re excited to award Capital One Software the 2023 Powered by Snowflake Innovation Partner of the Year award,” said Scott Schilling, Senior Director of Global Partner Development at Snowflake. “Snowflake’s strong partner ecosystem is foundational to our mission of enabling every organization to be data-driven, and together with Capital One Software, we are helping our customers across industries better activate and unlock their data for business value.”

Snowflake’s partner awards recognize the most engaged partners in Snowflake’s partner ecosystem. Capital One Software is an enterprise B2B software business of Capital One dedicated to providing data management solutions for companies operating in the cloud. Building on Capital One’s pioneering adoption of modern cloud and data capabilities, Capital One Software is helping accelerate the data management journey at scale for businesses operating in the cloud.

For a demo of the latest Slingshot features, visit the Capital One Software at booth 1720 at Snowflake Summit, June 26-29, 2023, in Las Vegas. Be sure to check out the Snowflake Summit 2023 keynotes live or on-demand here and stay on top of the latest news and announcements from Snowflake on LinkedIn and Twitter.

About Capital One Software 

Capital One Software, an enterprise B2B software business of Capital One, is dedicated to helping businesses accelerate their cloud and data management journeys at scale. Backed by 25 years of data innovation, Capital One Software is focused on providing solutions that help businesses overcome key cloud and data management challenges related to data publishing, data consumption, data governance, and infrastructure management. Building on Capital One’s pioneering adoption of modern cloud and data capabilities to create exceptional customer experiences, Capital One Software will help other companies fully leverage their data to unlock new value for customers and accelerate innovation across areas like AI and ML. Capital One Software is based in McLean, Virginia, at Capital One's headquarters. To learn more, go to:

About Capital One

Capital One Financial Corporation ( is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N.A., had $313.4 billion in deposits and $434.2 billion in total assets as of March 31, 2022. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. Capital One, N.A. has branches located primarily in New York, Louisiana, Texas, Maryland, Virginia, New Jersey and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 100 index.

Additionally, please visit the Capital One newsroom for more Capital One news.

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