Memphis - About the company
Memphis is a seed company based in Palo Alto (United States), founded in 2022 by Avraham Neeman, Sveta Gimpelson and Idan Asulin. It operates as an Open source data processing platform. Memphis has raised $5.5M in funding from Boldstart Ventures and Angular Ventures. The company has 648 active competitors, including 149 funded and 54 that have exited. Its top competitors include companies like Databricks, Cloudera and Snowflake.
Company Details
Open source data processing platform. Platform supports data-focused developers and data engineers, requires zero operations, and removes code hurdles. Uses cloud based technology.
- Website
- memphis.dev
- Social
- Email ID
- *****@memphis.dev
Key Metrics
Founded Year
2022
Location
Palo Alto, United States
Stage
Seed
Total Funding
$5.5M in 1 round
Latest Funding Round
Investors
Ranked
155th among 648 active competitors
Employee Count
5 as on Sep 30, 2026
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Memphis's funding and investors
Memphis has raised a total funding of $5.5M over 1 round. Its latest funding round was a Seed round on Jun 28, 2023 for $*****. 7 investors participated in its latest round. Memphis has 2 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Memphis:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 28, 2023 | 8798755 | Seed | 7222472 | 1633660 | 7348121 | 3540181 |
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Memphis' founders and board of directors
Founder? Claim ProfileHere are the details of Memphis' key team members:
- Avraham Neeman: Co-Founder of Memphis. Contact Info: 1 email address
- Sveta Gimpelson: Co-Founder of Memphis.
- Idan Asulin: Co-Founder of Memphis.
View details of Memphis's Founder profiles and Board Members
Memphis' employee count trend
Memphis has 5 employees as of Sep 26. Here is Memphis's employee count trend over the years:
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Memphis's Competitors and alternates
Top competitors of Memphis include Databricks, Cloudera and Snowflake. Here is the list of Top 10 competitors of Memphis, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Databricks 2013, San Francisco (United States), Series L | Provider of a unified data and AI platform for building and managing analytical and operational workloads | $25.2B | 84/100 | |
2nd |  Cloudera 2008, Palo Alto (United States), Acquired | Provider of hybrid data platform, data management, and AI solutions | $1.04B | 81/100 | |
3rd | _1583131280549.png?devicePixelRatio=2&height=30&width=30){kind=logo} Snowflake 2012, Bozeman (United States), Public | Provider of cloud-based data platform for analytics and data sharing | $1.46B | 79/100 | |
4th |  Alteryx 1997, Irvine (United States), Acquired | Cloud based suite of data analytics solutions | $163M | 77/100 | |
5th | Hex 2019, San Francisco (United States), Series C | Provider of Collaborative notebooks for developing applications | $172M | 72/100 | |
6th | GoodData 2007, San Francisco (United States), Series E | Provider of a data intelligence platform for building agentic applications | $125M | 70/100 | |
7th | _1590472586674.png?devicePixelRatio=2&height=30&width=30){kind=logo} Confluent 2014, Mountain View (United States), Acquired | Provider of a platform for data streaming and event processing | $456M | 70/100 | |
8th |  Imply 2015, San Francisco (United States), Series D | Open Source Platform for Exploratory Analytics | $215M | 69/100 | |
9th | Hydrolix 2018, Portland (United States), Series C | Cloud-based data discovery and visualization solution provider | $145M | 69/100 | |
10th |  ClickHouse 2012, San Francisco (United States), Series D | Developer of open-source OLAP database management system and related tools | $1.05B | 69/100 | |
155th |  Memphis 2022, Palo Alto (United States), Seed | Open source data processing platform | $5.5M | 36/100 |
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Memphis's Investments and acquisitions
Memphis has made no investments or acquisitions yet.
Reports related to Memphis
Here is the latest report on Memphis's sector:
News related to Memphis
•
Elon Musk's xAI buys new property in Memphis amid supercomputer expansionThe Star Online•Mar 08, 2025•xAI, Tesla, Dell, Memphis
•
Israeli Startups Loora and Memphis.Dev Make Small RaisesCAESARS INTERACTIVE ENTERTAINMENT (UK) LIMITED•Jun 29, 2023•Memphis, Angular Ventures, Boldstart Ventures, Loora and 3 others
•
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FAQs about Memphis
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