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About
SingleStore provides a modern relational database that supports both cloud and on-premises environments, focusing on real-time analytics and insights for applications. Its main product, SingleStore Helios, is designed to efficiently handle both transactional (OLTP) and analytical (OLAP) workloads, allowing businesses to process large volumes of data quickly. Unlike many competitors, SingleStore emphasizes speed, scalability, and immediate insights, enabling clients to easily scale their applications without storage or compute limitations. The company operates on a subscription-based model, offering features like fast vector search and built-in data integration services, catering to a wide range of industries including finance and e-commerce. The goal of SingleStore is to empower businesses to leverage big data and real-time insights to enhance decision-making and drive innovation.
Company Stage
Series F
Employees
501-1,000
Industries
Data & Analytics, Enterprise Software
Total Funding
$402.8M
Headquarters
N/A
Founded
2011
Simplify's Take
What believers are saying
- The recent addition of experienced executives like Robert O'Donovan as CFO signals strong leadership and strategic growth potential.
- Exclusive partnerships, such as with Agile Platform, expand SingleStore's market reach and enhance its real-time AI-driven solutions.
- Innovations like Iceberg support and faster vector search demonstrate SingleStore's commitment to staying at the forefront of database technology.
What critics are saying
- The highly competitive database management market requires continuous innovation to maintain a leading position.
- Integration of new leadership could lead to strategic misalignments or operational disruptions.
What makes SingleStore unique
- SingleStore's Helios database uniquely combines OLTP and OLAP capabilities, offering unparalleled speed and scalability for real-time analytics.
- The company's focus on both cloud and on-premises deployments provides flexibility that many competitors lack, catering to diverse client needs.
- SingleStore's infinite elasticity and optimized query engine set it apart in handling large-scale data operations efficiently.
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6 month growth
↑ 5%1 year growth
↑ 8%2 year growth
↑ 13%Benefits
Comprehensive Insurance - Customize a benefits plan that include health, dental and vision that best fits you and your family.
Vacation - Flexible time off, sick and parental leave programs, plus company holidays.
Company Stock Grants - As a privately held company, we strive to give meaningful stock grants through our equity program.
Wellness Programs - Fitness subsidy, Modern Health App Subscription, Team Happy Hours and events.
Personalized Workstation - Home Workstation. We provide the laptop, you design your home office any way you want it with a $500 equipment stipend.
Career Development - Matching Charitable Donations. Corporate donation matching to charitable organizations with 1-week of paid volunteer time off.
Contribute from Anywhere - Work remotely if it makes sense for you, your position, your team, and the company.
And more... Commuter benefits, monthly cell phone and internet stipend, 401k, food perks, Fertility & Family Formation reimbursement, FSA and team events and company offsites.
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