How Much Did SingleStore Raise? Headquarters, Funding & Key Investors

SingleStore, founded in 2011 and headquartered in San Francisco, California, has raised a total of $558 million across multiple funding rounds, including $5M Series A (2013), $35M Series B (2014), $36M Series C (2016), $30M Series D (2018), $50M debt financing (2020), $80M Series E (2020), $80M Series F (2021), and $146M Series F-2 (2022). At a $1.3 billion valuation, the company provides a cloud-based relational database for real-time analytics and operational workloads. With 51-200 employees, SingleStore enables enterprises to handle diverse data types and accelerate insights.

How Much Did SingleStore Raise? Funding & Key Investors

SingleStore has raised $558 million across multiple funding rounds from top-tier investors such as Goldman Sachs, Insight Partners, and Prosperity7 Ventures. The company provides a cloud-based relational database designed to simplify complex data workloads and deliver real-time analytics for enterprises.

What Is SingleStore and What Does It Do?

SingleStore, founded in 2011 by Adam Prout, Eric Frenkiel, Mohd Fairuz Razi bin Sharuddin and Nikita Shamgunov, is headquartered in San Francisco, California. The company offers a cloud-based relational database designed for real-time analytics and operational applications.

With a workforce of 51-200 employees, SingleStore provides a platform that handles diverse data types SQL, JSON, full-text, and vector workloads enabling organizations to streamline data architecture and deliver insights faster. Integration across data warehouses, lakes, and operational systems positions it to serve complex use cases in finance, healthcare, logistics, and more.

How Much Funding Has SingleStore Raised?

1. Series A

Amount Raised: $5 M
Date: January 2013
Lead Investors: Not publicly disclosed
Motivation: To develop the initial platform and build the founding engineering team.

2. Series B

Amount Raised: $35 M
Date: January 2014
Lead Investors: Accel
Motivation: To scale operations and enhance product features.

3. Series C

Amount Raised: $36 M
Date: April 2016
Lead Investors: Caffeinated Capital, REV
Motivation: To accelerate product development and enter new markets.

4. Series D

Amount Raised: $30 M
Date: May 2018
Lead Investors: Glynn Capital Management, Google Ventures
Motivation: To expand the customer base and strengthen cloud-native capabilities.

5. Debt Financing

Amount Raised: $50 M
Date: May 2020
Lead Investors: Hercules Capital
Motivation: To provide working capital and support growth initiatives.

6. Series E

Amount Raised: $80 M
Date: December 2020
Lead Investors: Insight Partners
Motivation: To drive product innovation and global expansion.

7. Series F

Amount Raised: $80 M
Date: September 2021
Lead Investors: Insight Partners
Motivation: To enhance platform capabilities and support rapid customer growth.

8. Series F-2

Amount Raised: $146 M
Date: October 2022
Lead Investors: Goldman Sachs, Prosperity7 Ventures
Motivation: To expand the customer base, accelerate product development, and support an eventual public-market readiness.

Total Funding Raised: $558 Million

Current Valuation: $1.3 Billion (as of July 2022)

Latest Funding Date: October 2022

Key Investors

1. Goldman Sachs / Goldman Sachs Asset Management

Details: A global investment banking and asset-management firm offering a wide range of financial services.
Investment Focus Areas: Financial services, technology, healthcare.
Notable Investments: Uber, Facebook, Spotify.

2. Prosperity7 Ventures

Details: The diversified growth fund of Aramco Ventures, supporting transformative technologies and business models.
Investment Focus Areas: Technology, energy, industrials.
Notable Investments: Taulia, Cispoly, Kognitos, Arcee AI.

3. Insight Partners

Details: A growth-stage private equity and venture capital firm investing in high-growth technology companies.
Investment Focus Areas: Software, internet, data services.
Notable Investments: Twitter, Shopify, Wix.

4. Accel

Details: Venture capital firm active from seed through growth-stage technology companies.
Investment Focus Areas: Enterprise software, SaaS, cloud infrastructure.
Notable Investments: Dropbox, Facebook, Slack.

5. Hercules Capital

Details: Specialty finance company providing senior secured loans to venture-backed technology and life-sciences companies.
Investment Focus Areas: Technology, life sciences, sustainable technologies.
Notable Investments: 908 Devices, Amyris, Harness, Dyne Therapeutics.

Where Is SingleStore’s Headquarters?

SingleStore is headquartered in San Francisco, California, placing it at the heart of Silicon Valley’s data-infrastructure ecosystem. This location offers proximity to elite engineering talent, cloud-technology partners, and major enterprise customers driving real-time analytics adoption.

What’s Next for SingleStore?

SingleStore continues to capitalize on the rising demand for real-time analytics and AI-driven data workloads. The company’s unified data engine enables immediate insights for industries such as finance, healthcare, and logistics.

With strong backing from global investors and a robust product roadmap, SingleStore is well-positioned to expand into Europe and Asia, advance its AI infrastructure offerings, and further strengthen its foothold in the cloud database market.

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