MongoDB

MongoDB

Database platform for developers and businesses

About MongoDB

Simplify's Rating
Why MongoDB is rated
A-
Rated A on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

New York City, New York

Founded

2007

Overview

Company Historically Provides H1B Sponsorship

MongoDB provides a modern database platform that helps developers and businesses create applications quickly and efficiently. Its main product is the MongoDB database, which features a flexible document data model that allows for easy data management and rapid application development. Additionally, MongoDB offers Atlas, a fully-managed cloud database service, along with other integrated services to support various client needs. Unlike many traditional databases, MongoDB's platform is designed to be scalable and secure, making it suitable for a wide range of industries, including technology, finance, healthcare, and retail. The company operates on a subscription and usage-based pricing model, providing options for clients from free trials to premium enterprise solutions. MongoDB aims to foster a diverse workplace culture, believing that varied perspectives drive innovation and maintain its competitive edge in the database management market.

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Simplify's Take

What believers are saying

  • Growing demand for cloud-native databases boosts MongoDB Atlas adoption.
  • Increased interest in AI-driven applications aligns with MongoDB's scalable database capabilities.
  • The rise of microservices architecture benefits from MongoDB's document-based data model.

What critics are saying

  • New interoperability protocols like MCP may challenge MongoDB's integration capabilities.
  • CloudZero's funding for cloud cost optimization could intensify market competition.
  • Expansion into regions like Mexico increases operational complexity and regulatory risks.

What makes MongoDB unique

  • MongoDB offers a flexible document data model for rapid application development.
  • MongoDB Atlas provides a fully-managed cloud database service for scalability and ease of use.
  • The company supports multi-cloud strategies, enhancing cross-cloud database solutions.

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Funding

Total Funding

$503.1M

Above

Industry Average

Funded Over

8 Rounds

Notable Investors:
IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Family Support Programs

Flexible PTO

Fertility and Adoption Assistance

Employee Affinity Groups

Transgender Benefits and Support

Mental Health

Wellness Events and Programs

Global Mobility

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 1%
VentureBeat
Jun 16th, 2025
1Password And Aws Join Forces To Secure Ai, Cloud Environments For The Enterprise

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more. 1Password, the Canadian password management company, announced Monday a strategic collaboration agreement with Amazon Web Services that puts the firm in position to capitalize on surging enterprise demand for security tools designed for artificial intelligence and cloud-native environments.The partnership is a major milestone for 1Password, which has transformed from a consumer-focused password manager into an enterprise security platform serving one-third of Fortune 100 companies. The collaboration comes as organizations increasingly struggle to secure AI agents, unmanaged devices, and unauthorized applications that traditional security tools cannot monitor or control.Monica Jain, 1Password’s head of go-to-market partnerships, told VentureBeat in an exclusive interview that the AWS collaboration has delivered explosive growth over the past 18 months. Contracts sold through AWS average four times larger than typical deals, with win rates exceeding 50 percent across all customer segments from small businesses to large enterprises.“According to the AWS ISV partner team, in late 2024 they witnessed that 1Password had reached a level of progress that they have not seen in other ISVs,” Jain told VentureBeat. “Within seven months, most ISVs take about 24 to 36 months to get to the point that we got in a very short period of time.”The strategic collaboration agreement, or SCA, makes 1Password the first Canadian independent software vendor to secure such a partnership with AWS

Conqueror the Crown
Jun 9th, 2025
ConquerortheCrown Partners with MongoDB for Startups

ConquerortheCrown partners with MongoDB for Startups.

Yahoo Finance
May 28th, 2025
CloudZero Raises $56M Series C To Redefine Cloud Cost Optimization In The AI Era

CloudZero, the globally trusted leader in proactive cloud cost efficiency, today announced a $56 million Series C funding round following another year of triple-digit growth. The funding will accelerate the company's mission to power efficient innovation for cloud-driven organizations. The round was led by BlueCrest Capital Management and Innovius Capital, with participation from Matrix Partners, Threshold Ventures, Underscore VC, and G20 Ventures. MongoDB also made a strategic investment.

VentureBeat
May 13th, 2025
The Interoperability Breakthrough: How Mcp Is Becoming Enterprise Ai’S Universal Language

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. Anthropic released Model Context Protocol (MCP) in Nov. 2024. In its seven months of existence, MCP seems to have become the winning protocol choice for the AI industry. Despite the number of companies announcing MCP servers, MCP is technically not a standard. Enterprises that set up MCP servers believe that establishing the infrastructure for interoperability should start now. Many see MCP as one of the main protocols, if not the potential winner, for the agentic ecosystem.MCP is one of the few protocols that have emerged as a way for agents built using one language model or framework to interact with an agent on a different framework

Dev Content Ops
Apr 18th, 2025
DevContentOps Weekly News Roundup Apr 18 2025

MongoDB has introduced the integrated MongoDB cluster assessment as a menu item in Google's Migration Center Use Case Navigator.

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