What is MongoDB?
MongoDB is a modern database platform engineered to empower developers and the applications they build. It provides a flexible and scalable solution designed for the complexities of today's software development landscape. MongoDB enables innovators to create, transform, and disrupt industries by harnessing the power of software and data, positioning itself as a critical infrastructure component for businesses undergoing digital transformation.
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 Flybridge Capital Partners and Union Square Ventures
Series C (2010): $6.5M supported by Union Square Ventures, Steamboat Ventures, and Flybridge Capital Partners
Series D (2011): $20M featuring Union Square Ventures, Steamboat Ventures, and Flybridge Capital Partners
Series E (2012): $42M backed by Flybridge Capital Partners, Union Square Ventures, New Enterprise Associates, and Steamboat Ventures
Series F (2013): $150M with participation from NEA, salesforce.com, Altimeter Capital, Intel Capital, Red Hat, T. Rowe Price Associates, and Steamboat Ventures
Series G (2015): $80M led by Altimeter Capital, Goldman Sachs, NEA, T. Rowe Price Associates, and Steamboat Ventures
Stock Issuance/Offering (2017): $201.6M supported by Undisclosed
Key Investors in MongoDB
Flybridge Capital Partners
Flybridge Capital Partners is an early-stage venture capital fund with over 20 years of investing experience, focusing on AI-native startups across various domains including vertical SaaS, data infrastructure, and AI-enabled applications.
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, partnering with visionary entrepreneurs.
New Enterprise Associates
New Enterprise Associates (NEA) is a venture capital firm established in 1977, focused on helping entrepreneurs build businesses across various sectors.
What's next for MongoDB?
With a history of major enterprise-level funding and strategic investments, MongoDB is well-positioned for continued growth and innovation. The company's trajectory suggests a focus on expanding its platform capabilities, enhancing its cloud offerings, and further penetrating enterprise markets. Future developments will likely involve leveraging its robust data infrastructure to support advanced analytics, AI-driven applications, and the evolving demands of global businesses seeking agile and powerful database solutions. The consistent backing from prominent investors indicates a strong belief in MongoDB's long-term vision and market leadership.
See full MongoDB company page
