What is SingleStore?
Founded in 2011, SingleStore has evolved into a critical infrastructure provider for businesses seeking to accelerate innovation through data. The company offers a unified, single-pane-of-glass experience that handles structured, semi-structured, and unstructured data with equal efficiency. By bridging the gap between transactional and analytical processing, SingleStore empowers workers to manage complex workloads at speed and scale. Its cloud-native architecture is specifically engineered to support the rigorous demands of modern digital enterprises, positioning the firm as a cornerstone of the contemporary data stack.
How much funding has SingleStore raised?
SingleStore has raised a total of $578.7M across 11 funding rounds:
Series A
$2M
Series B
$35M
Series C
$36M
Series D
$30M
Debt
$50M
Series E
$80M
Series F
$80M
Other Financing Round
$116M
Series F
$146M
Series A (2012): $2M supported by SV Angel, Data Collective, First Round Capital, Lerer Ventures, and Y Combinator
Series B (2014): $35M featuring Lerer Ventures, Khosla Ventures, Data Collective, First Round Capital, and Accel Partners
Series C (2016): $36M backed by Accel Partners, Data Collective, Caffeinated Capital, First Round Capital, Lerer Ventures, and Khosla Ventures
Series D (2018): $30M, investors not publicly disclosed
Debt (2020): $50M, investors not publicly disclosed
Series E (2020): $80M supported by Dell Technologies, Hercules Capital, Inc., Insight Partners, Accel Partners BV, GLYNN CAPITAL MANAGEMENT LLC, and Google Ventures
Series F (2021): $80M featuring Khosla Ventures, Hewlett Packard Enterprise, and Insight Partners
Other Financing Round (2022): $116M backed by Sanabil Investments, GV, Goldman Sachs, and Dell Technologies Capital
Series F (2022): $146M with participation from Goldman Sachs and Prosperity7 Ventures
Key Investors in SingleStore
Goldman Sachs
Goldman Sachs is a leading global investment banking, securities, and investment management firm providing strategic advisory and capital market services to institutional clients.
Prosperity7 Ventures
Prosperity7 Ventures is the diversified growth fund of Aramco Ventures, focusing on long-term investments in breakthrough technologies and transformational business models.
Sanabil Investments
Sanabil is a commercial investment company that provides patient, resilient capital to global private investments across the venture and growth asset lifecycle.
What's next for SingleStore?
Looking ahead, the strategic deployment of $146M is expected to accelerate SingleStore's product roadmap and global expansion efforts. As the demand for real-time data intelligence intensifies, the company is well-positioned to capture additional market share by enhancing its query processing capabilities and expanding its footprint in the enterprise sector. The continued support from high-profile institutional investors suggests a strong confidence in the company's ability to maintain its competitive edge in the rapidly evolving database management landscape.
See full SingleStore company page
