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Luke Feeney

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How TerminusDB Doubled to $20K MRR and Raised at a $10.5M Pre-Money Valuation (Interview with Co-Founder Luke Feeney)

Luke Feeney (Co-Founder of TerminusDB) spoke to Nathan Latka on February 11, 2022.

TerminusDB figures from the interview

Monthly Recurring Revenue (Feb 2022)
$20K/mo
Revenue Growth (2022)
100%
Total Raised
$4.75M
Seed Round Led by Volta Ventures
$3.5M
Pre-Money Valuation (Volta Round)
$10.5M
“So terminus is a spinout from university. We were my brother was a researcher, a PhD researcher in computer science in Trinity, and they had a idea around building a very collaborative sort of data structure database and spun out from there.”
“So we have about 700 people up on the cloud version, but we have about 700,000 downloads of our open source version as well.”
“Well, paying or, you know, a small amount. Some of them are paying. I'd say about 50% of those are paying customers and about 50% are on the free tier in the cloud.”

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Bio

Luke Feeney is a co-founder of TerminusDB, the leading open source graph database. Prior to joining TerminusDB, Luke worked in the Irish Foreign Ministry for a number of years. He was Ireland’s acting Ambassador to Greece for 2016 and 2017.

Company

TerminusDB

Dublin, Ireland · Founded 2018

Revenue
$240.4K
Funding
$4.8M
Team size
6
Customers
350

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