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Valuation

$120M

2023 Revenue

$110M(Est.)

Funding

$462M

Team · 2024

523

Founded

2011

SingleStore Revenue, Valuation & Funding (2023)

The core of all AI, business intelligence and applications is data, various bits and bytes that come in all different formats. Only when we sift through this data, reason with it and build on top of it in real time does it give way to vast amounts of information and knowledge. Real-time insights are key to the way we live our lives today; the way we entertain ourselves; the way we listen to music; the way we order groceries. Real-time insights keep your BI tools fresh; they keep your ride-sharing app with the most current price; and they ensure you never miss a fraudulent payment. SingleStoreDB is the world’s only database that empowers users to transact, analyze and contextualize data in real time. It empowers the world’s makers to build, deploy and scale modern, intelligent applications, backed by streaming data ingestion, a unique table type that supports both transactional (OLTP) and analytical (OLAP) workloads, limitless point-in-time recovery and a distributed (shared-nothing), MySQL-compatible architecture.

Last updated

SingleStore Revenue

In 2023, SingleStore's revenue reached $110M. The company previously reported $40M in 2020. Since its launch in 2011, SingleStore has shown consistent revenue growth.

SingleStore Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$25M$50M$75M$100M$125M2011201320152017201920212023$0$40M$110MSource: GetLatka.com
YearMilestoneSource
2023SingleStore Hit $110m revenue in June 2023Estimated
2020SingleStore Hit $40m revenue in October 2020
2011Launched with $0 revenue

SingleStore Valuation, Funding Rounds

SingleStore's most recent disclosed valuation is $120M.

SingleStore has raised $462M in total funding across 9 rounds, most recently a $30M Series F round in 2022.

SingleStore Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$100M$0.4$200M$0.6$300M$0.8$400M$1$500M2011201320152017201920212022Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2022Series F$30M--
2022Series F$116M--
2021Series F$80M--
2020Series E$80M--
2020Debt Financing$50M--
2018Series D$30M--
2016Series C$36M--
2014Series B$35M--
2013Series A$5M--

Founder / CEO

Raj Verma

CEO

Raj Verma is listed as CEO at SingleStore.

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Customers

We do not have customer count information for SingleStore yet.

SingleStore Employees & Team Size

SingleStore employs approximately 523 people as of 2026.

SingleStore Team GrowthReported headcount over time01252503755006252011201320152017201920212023202400523523Source: GetLatka.com
YearMilestoneSource
2024Reached 523 employees (December 2024)
2024Reached 440 employees (May 2024)

Frequently Asked Questions about SingleStore

What is SingleStore's revenue?

SingleStore generates an estimated $110M in annual revenue.

Who founded SingleStore?

SingleStore was founded by Raj Verma.

Who is the CEO of SingleStore?

The CEO of SingleStore is Raj Verma.

How much funding does SingleStore have?

SingleStore raised $462M across 9 rounds.

How many employees does SingleStore have?

SingleStore has 523 employees.

Where is SingleStore headquarters?

SingleStore is headquartered in San Francisco, California, United States.

Compare SingleStore to the industry

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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SingleStore Revenue 2023: $110M Est. ARR, $120M Valuation