What is MongoDB?
MongoDB is a leading provider of a modern database platform engineered to enhance software development and data management for developers and the applications they create. The company's technology empowers innovators across various sectors to build, transform, and disrupt industries by leveraging the full potential of software and data. Its flexible, document-oriented database architecture is designed to handle complex, evolving data requirements, making it a preferred choice for cloud-native applications and large-scale deployments.
How much funding has MongoDB raised?
MongoDB has raised a total of $505M across 8 funding rounds:
Series B
$3.4M
Series C
$6.5M
Series D
$20M
Series E
$42M
Series F
$150M
Series G
$80M
Stock Offering
$201.6M
Series B (2009): $3.4M led by Union Square Ventures and Flybridge Capital Partners
Series C (2010): $6.5M supported by Union Square Ventures, Steamboat Ventures, and Flybridge Capital Partners
Series D (2011): $20M featuring Union Square Ventures, Flybridge Capital Partners, and Steamboat Ventures
Series E (2012): $42M backed by New Enterprise Associates, Steamboat Ventures, Union Square Ventures, and Flybridge Capital Partners
Series F (2013): $150M with participation from Altimeter Capital, Intel Capital, T. Rowe Price Associates, Red Hat, NEA, Steamboat Ventures, and salesforce.com
Series G (2015): $80M led by NEA, Steamboat Ventures, Altimeter Capital, Goldman Sachs, and T. Rowe Price Associates
Stock Issuance/Offering (2017): $201.6M supported by Undisclosed
Key Investors in MongoDB
Union Square Ventures
Union Square Ventures is a New York City-based venture capital firm that invests in transformative markets influenced by technological and societal changes, focusing on innovative companies poised for growth.
Flybridge Capital Partners
Flybridge is an early-stage venture capital fund specializing in AI-native startups, providing hands-on support to ambitious founders during the pivotal early stages of building a startup.
NEA
NEA (New Enterprise Associates) is a venture capital firm focused on helping entrepreneurs build businesses, with a significant presence in early to growth-stage technology companies.
What's next for MongoDB?
With substantial backing, MongoDB is strategically positioned to further accelerate its innovation in database technology and cloud services. The company is expected to continue expanding its enterprise offerings, enhancing its developer tools, and deepening its market penetration in key sectors. Future growth will likely focus on advancing its cloud-native capabilities, AI integration, and global expansion, solidifying its position as a critical infrastructure component for digital transformation initiatives worldwide. The consistent influx of capital signals strong investor confidence in MongoDB's long-term vision and its ability to adapt to the evolving landscape of data management and application development.
See full MongoDB company page
