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PingCAPrevenue & funding

Vector Database SoftwareSunnyvale, CaliforniaFounded 2015CEO Max Liu

PingCAP is a Vector Database Software company based in Sunnyvale, founded in 2015.

pingcap.comLinkedInUpdated Dec 20, 2024
Annual revenue
$13.1M
Oct 2024EST.
Total raised
$341.6M
5 rounds
Employees
430
Dec 2024

PingCAP revenue

PingCAP has not published its revenue. GetLatka estimates it at about $13.1M a year (October 2024).

As ofRevenueSource
Apr 2021$7.6M–
Oct 2023$10.3MEST.GetLatka estimate
Oct 2024$13.1MEST.GetLatka estimate

– source not recorded

PingCAP funding rounds & investors

PingCAP has raised $341.6M across five rounds since 2015. The latest was a $270M funding round in November 2020.

DateRoundRaised
Nov 2020Funding round$270M
Sep 2018Funding round$50M
Jun 2017Funding round$15M
Aug 2016Funding round$5M
Apr 2015Funding round$1.6M
Total raised$341.6M

PingCAP competitors

PingCAP competes most directly with SingleStore, Yugabyte and PlanetScale.

CompanyRevenueFundingEmployeesFounded
SingleStore$110M$462M5232011
Yugabyte$45.3M$282M4122016
PingCAP$13.1M$341.6M4302015
PlanetScale$3.9M$105M932018

PingCAP CEO, founders & employees

Max Liu founded PingCAP in 2015 and runs it as CEO. PingCAP has 430 employees (December 2024, LinkedIn), up from 401 a year earlier.

0
200
400
352
378
401
430
2021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 7 headcount readings, with sources
As ofEmployeesSource
Dec 2024430LinkedIn
Oct 2024401LinkedIn
Oct 2023401LinkedIn
Jul 2023501–
Oct 2022378LinkedIn
Dec 2021352LinkedIn
Apr 2021217–

PingCAP FAQ

How much money does PingCAP make?

PingCAP has not published its revenue. GetLatka estimates about $13.1M a year (October 2024).

How much funding has PingCAP raised?

$341.6M across 5 rounds; the latest was a $270M round in November 2020.

Who is the CEO of PingCAP?

Max Liu, a co-founder.

Who founded PingCAP?

Max Liu, in 2015.

How many employees does PingCAP have?

About 430 as of December 2024 (LinkedIn).

How this page is sourced

5 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Dec 20, 2024Data disclaimerReport a correctionClaim this profileRun PingCAP? Join the podcast