SingleStore

SingleStore

Relational database for real-time analytics

About SingleStore

Simplify's Rating
Why SingleStore is rated
A
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

501-1,000

Company Stage

Series F

Total Funding

$402.8M

Headquarters

San Francisco, California

Founded

2011

Overview

SingleStore provides a modern relational database that supports both cloud and on-premises environments, focusing on real-time analytics and insights for applications and analytical systems. Its main product, SingleStore Helios, is designed to efficiently handle both transactional (OLTP) and analytical (OLAP) workloads, allowing for fast data processing and scalability. Clients from various industries, including finance and e-commerce, benefit from its ability to deliver immediate insights and handle large volumes of data. Unlike many competitors, SingleStore emphasizes speed and infinite elasticity, enabling clients to scale their applications seamlessly. The company operates on a subscription-based model, offering flexible deployment options to cater to the specific needs of its users.

YC Company
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Simplify's Take

What believers are saying

  • Integration with AI and machine learning attracts clients seeking advanced analytics solutions.
  • Partnerships with cloud providers like Snowflake expand market reach and offer integrated solutions.
  • Recognition from TrustRadius awards boosts SingleStore's credibility and market reputation.

What critics are saying

  • Increased competition from Snowflake may lead to customer attrition.
  • Integration challenges from BryteFlow acquisition could disrupt service delivery.
  • New executive appointments may cause strategic shifts unsettling client relationships.

What makes SingleStore unique

  • SingleStore offers a unique blend of OLTP and OLAP capabilities in one platform.
  • The company's no-code data migration solution significantly reduces integration time.
  • SingleStore's AI accelerator program targets emerging markets, enhancing its global reach.

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Funding

Total Funding

$402.8M

Above

Industry Average

Funded Over

10 Rounds

Series F funding comparison data is currently unavailable. We're working to provide this information soon!
Series F Funding Comparison
Coming Soon

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.

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

0%
CIO First
Feb 14th, 2025
SingleStore Launches No-Code Solution to Streamline Data Migration, Reducing Time from Days to Hours

SingleStore launches no-code solution to streamline data migration, reducing time from days to hours.

SingleStore
Dec 10th, 2024
Simplifying SingleStore Integration Through Drizzle ORM

Today, SingleStore, Inc. is excited to announce the release of the SingleStore driver for Drizzle ORM.

Business Wire
Dec 3rd, 2024
SingleStore Welcomes Andy Wild as Chief Revenue Officer

SingleStore welcomes Andy Wild as Chief Revenue Officer.

SingleStore
Oct 17th, 2024
SingleStore Now 2024: Snowflake + SingleStore: Better Together

Bharat Kathi, representing SingleStore, elaborated on the technical details of integrating SingleStore's real-time data processing capabilities with Snowflake's data infrastructure.

Business Wire
Oct 4th, 2024
SingleStore Acquires BryteFlow ​​to Accelerate Adoption of Real-Time Analytics, GenAI

SingleStore, the world’s only database that empowers users to transact, analyze and search petabytes of data in milliseconds, today announced the acqu

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