Overview

Fauna offers a document relational database that operates through a cloud API, making it accessible over the internet without the need for physical hardware. This database is designed for developers and businesses across various industries, including technology, finance, and e-commerce, who require a scalable and reliable data management solution. Fauna ensures high availability and resilience by recording data across at least three nodes, which enhances consistency and reliability. Unlike many competitors, Fauna's usage-based pricing model allows clients to pay based on the amount of data stored and transactions performed, providing flexibility to scale their database needs. The company's goal is to deliver a fast and dependable database solution that meets the growing demand for efficient data management in a global context.

Simplify's Take

What believers are saying

• Fauna's AI Assistant enhances developer productivity with AI-driven tools.
• Fauna Logs provide essential visibility into application performance and cost.
• Integration with Airbyte meets demand for seamless data connectivity across platforms.

What critics are saying

• Increased competition from new cloud database entrants like PlanetScale and Yugabyte.
• Complex pricing model may lead to unexpected costs for users.
• Dependence on third-party integrations poses risks if platforms change APIs or terms.

What makes Fauna unique

• Fauna offers a globally distributed document-relational database via a cloud API.
• Fauna's database ensures data consistency with at least three data nodes per record.
• Fauna integrates seamlessly with serverless ecosystems, supporting GraphQL and custom business logic.

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Funding

Total Funding

$106.6M

Above

Industry Average

Funded Over

2 Rounds

$27,000,000

Series A

Jul 2020

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Above Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8.2M

$15M

$27M

$100M

View all funding stages