When was Dragonfly founded?

Dragonfly was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Where is Dragonfly located?

Dragonfly is headquartered in Tel Aviv, Israel.

How many employees does Dragonfly have?

As of Sep 30, 2026, the latest employee count at Dragonfly is 41.

Is Dragonfly a funded company?

Dragonfly is a funded company, having raised a total of $21M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 21, 2023.

When was the latest funding round of Dragonfly?

Dragonfly's latest funding was a $***** Seed round on Mar 21, 2023, with participation from 1 investor. Its primary sector is Database Technology. In Israel, the Database Technology sector has seen $68M in funding in 2026 to date.

Where does Dragonfly rank among its competitors?

Dragonfly ranks 6th amongst 60 active competitors, of which 15 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Memgraph, which secured $2.53M in Dec, 2023.

Who are the top competitors of Dragonfly?

Dragonfly's top competitors include Redis, GridGain and Zilliz. Among them, Memgraph secured the most recent funding round in December, 2023.

Dragonfly - 2026 Company Profile, Funding & Competitors

Company Details

Provider of a platform offering in-memory database. It offers an in memory data store designed to scale vertically and make efficient use of the underlying hardware. It also gives users a complete, modern engine architecture that is fully compatible with the Redis and Memcached APIs.

Website: www.dragonflydb.io/
Social
Email ID: *****@dragonflydb.io

Key Metrics

Founded Year

2022

Location

Tel Aviv, Israel

Stage

Series A

Total Funding

$21M in 2 rounds

Latest Funding Round

Seed, Mar 21, 2023, $*****

Investors

Redpoint Ventures & 1 more

Ranked

6^th among 60 active competitors

Employee Count

41 as on Sep 30, 2026

Similar Companies

Redis & 46 more

View Dragonfly's full profile

Dragonfly has raised a total funding of $21M over 2 rounds. Its first funding round was on Mar 21, 2023. Its latest funding round was a Seed round on Mar 21, 2023 for $*****. 1 investor participated in its latest round. Dragonfly has 2 institutional investors.

Here is the list of recent funding rounds of Dragonfly:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 21, 2023	3216951	Seed	7971140	8937363	6079889	6852152
Mar 21, 2023	9429931	Series A	4008411	7539108	Quiet Capital	4373175

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View details of Dragonfly's funding rounds and investors

Dragonfly's employee count trend

Dragonfly has 41 employees as of Sep 26. Here is Dragonfly's employee count trend over the years:

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Top competitors of Dragonfly include Redis, GridGain and Zilliz. Here is the list of Top 10 competitors of Dragonfly, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Redis 2011, Mountain View (United States), Series G	Developer of software for real-time data management and caching	$355M	Bain Capital Ventures, Viola Group & 17 others	75/100
2nd	GridGain 2007, Foster City (United States), Acquired	Provider of a unified real-time data platform for AI, analytics	$33.4M	Almaz Capital, RTP Global & 5 others	65/100
3rd	Zilliz 2017, San Francisco (United States), Series B	Provider of a vector similarity search engine and data processing platform	$113M	Hillhouse, 5Y Capital & 12 others	61/100
4th	GigaSpaces 2000, Herzliya (Israel), Series E	Platform offering real-time data processing solutions	$61.5M	BRM, Intel Capital & 8 others	58/100
5th	Memgraph 2016, London (United Kingdom), Seed	Developer of a graph database for real-time AI context solutions	$14.2M	M12, Heavybit & 28 others	55/100
6th	Dragonfly 2022, Tel Aviv (Israel), Series A	Provider of a platform offering in memory database	$21M	Redpoint Ventures, Quiet Capital	53/100
7th	Volt Active Data 2009, Bedford (United States), Series C	Developer of a data platform for real-time streaming and decisions	$48.6M	Kepha Partners, Sigma Partners & 1 others	52/100
8th	Exasol 2000, Nuremberg (Germany), Public	In-memory MPP data querying	-	Deep Learning, Herald Investment Management ... & 3 others	48/100
9th	Splice Machine 2012, San Francisco (United States), Series B	Relational Database powered by HBASE and Hadoop	$75M	InterWest Partners, Mohr Davidow Ventures ... & 8 others	46/100
10th	Voltron Data 2021, Mountain View (United States), Series A	Apache arrow ecosystem for accelerating analytical tools	$110M	Walden Catalyst, BlackRock & 12 others	46/100