Valuation
$120M
2023 Revenue
$110M
Funding
$462M
Team · 2024
523
Founded
2011
How SingleStore CEO Raj Verma grew to $110M revenue with a 523 person team in 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.
| Year | Milestone | Quote |
|---|---|---|
| 2023 | SingleStore Hit $110m revenue in June 2023 | |
| 2020 | SingleStore Hit $40m revenue in October 2020 | |
| 2011 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2022 | Series F | $30M | - | - | |
| 2022 | Series F | $116M | - | - | |
| 2021 | Series F | $80M | - | - | |
| 2020 | Series E | $80M | - | - | |
| 2020 | Debt Financing | $50M | - | - | |
| 2018 | Series D | $30M | - | - | |
| 2016 | Series C | $36M | - | - | |
| 2014 | Series B | $35M | - | - | |
| 2013 | Series A | $5M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for SingleStore yet.
SingleStore Employees & Team Size
SingleStore employs approximately 523 people as of 2026.
| Year | Milestone |
|---|---|
| 2024 | Reached 523 employees (December 2024) |
| 2024 | Reached 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
SingleStore operates across multiple industries. Browse revenue, funding, and growth data for SingleStore in each sector below.
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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