What is MongoDB?
MongoDB operates as a premier modern database platform, fundamentally designed to accelerate software development and data management for complex applications. By providing a flexible, scalable, and developer-centric environment, the company empowers innovators to transform and disrupt traditional industries. Its platform is engineered to handle the high-velocity data requirements of modern cloud-native applications, positioning MongoDB as a critical infrastructure provider in the digital transformation era.
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 Steamboat Ventures, Flybridge Capital Partners, and Union Square Ventures
Series E (2012): $42M backed by Union Square Ventures, Flybridge Capital Partners, New Enterprise Associates, and Steamboat Ventures
Series F (2013): $150M with participation from T. Rowe Price Associates, Red Hat, Steamboat Ventures, NEA, Intel Capital, salesforce.com, and Altimeter Capital
Series G (2015): $80M led by NEA, T. Rowe Price Associates, Goldman Sachs, Steamboat Ventures, and Altimeter Capital
Stock Issuance/Offering (2017): $201.6M supported by Undisclosed
Key Investors in MongoDB
T. Rowe Price Associates
T. Rowe Price is a global asset management organization providing investment solutions and financial services to institutions and individuals, focusing on active management and long-term research-driven perspectives.
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, targeting innovative companies poised for growth.
Steamboat Ventures
Steamboat Ventures focuses on helping young companies become market leaders by investing in early to growth stage firms within the technology, media, and consumer sectors.
What's next for MongoDB?
With the support of its diverse investor base, MongoDB is well-positioned to continue its expansion into high-growth sectors such as artificial intelligence, real-time analytics, and distributed cloud environments. The company's strategic focus remains on enhancing its core database capabilities while deepening its integration within the broader enterprise software stack. As it moves beyond its initial scaling phase, the firm is expected to prioritize long-term value creation through sustained product innovation and the expansion of its global footprint, ensuring it remains the preferred choice for developers building the next generation of data-intensive applications.
See full MongoDB company page
