When was nil.foundation founded?

nil.foundation was founded in 2018 and raised its 1st funding round 5 years after it was founded.

Where is nil.foundation located?

nil.foundation is headquartered in Limassol, Cyprus.

How many employees does nil.foundation have?

As of Apr 30, 2026, the latest employee count at nil.foundation is 21.

Is nil.foundation a funded company?

nil.foundation is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Jan 19, 2023.

When was the latest funding round of nil.foundation?

nil.foundation's latest funding was a $***** Series B round on Jan 19, 2023, with participation from 5 investors.

Where does nil.foundation rank among its competitors?

nil.foundation ranks 12th amongst 535 active competitors, of which 17 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was 7Rivers, which secured $5M in Dec, 2025.

Who are the top competitors of nil.foundation?

nil.foundation's top competitors include SkySQL, Momento and Ntirety. Among them, 7Rivers secured the most recent funding round in December, 2025.

nil.foundation - 2026 Company Profile, Team, Funding & Competitors

nil.foundation is a series B company based in Limassol (Cyprus), founded in 2018 by Mikhail Komarov. It operates as a Developer of database management systems. nil.foundation has raised $22M in funding from Polychain. The company has 535 active competitors, including 17 funded and 27 that have exited. Its top competitors include companies like SkySQL, Momento and Ntirety.

Company Details

Website: nil.foundation
Social

Key Metrics

Founded Year

2018

Location

Limassol, Cyprus

Stage

Series B

Total Funding

$22M in 1 round

Latest Funding Round

Series B, Jan 19, 2023, $*****

Investors

Polychain & 4 more

Ranked

12^th among 535 active competitors

Employee Count

21 as on Apr 30, 2026

Investment & Acquisitions

Fabric

Similar Companies

SkySQL & 659 more

View nil.foundation's full profile

nil.foundation has raised a total funding of $22M over 1 round. Its latest funding round was a Series B round on Jan 19, 2023 for $*****. 5 investors participated in its latest round. nil.foundation has 5 institutional investors.

Here is the list of recent funding rounds of nil.foundation:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 19, 2023	3930517	Series B	8643199	5678903	8214965	8863591

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View details of nil.foundation's funding rounds and investors

The founders of nil.foundation is Mikhail Komarov.

Here are the details of nil.foundation's key team members:

Mikhail Komarov: Founder of nil.foundation.

View details of nil.foundation's Founder profiles and Board Members

nil.foundation's employee count trend

nil.foundation has 21 employees as of Apr 26. Here is nil.foundation's employee count trend over the years:

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Top competitors of nil.foundation include SkySQL, Momento and Ntirety. Here is the list of Top 10 competitors of nil.foundation, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SkySQL 2010, Helsinki (Finland), Acquired	Open source database solutions for MySQL and MariaDB users	$6.6M	Eniac Ventures, Good Capital & 1 others	57/100
2nd	Momento 2021, Seattle (United States), Series A	Provider of database services	$30M	Bain Capital Ventures, The General Partnership ... & 4 others	53/100
3rd	Ntirety 2001, Dedham (United States), Acquired	Comprehensive managed services provider securing data and infrastructure for modern IT	$1M	Littlejohn, MassVentures	49/100
4th	Dawson Geophysical 1952, Midland (United States), Acquired	Provides onshore seismic data acquisition and processing services	-	-	47/100
5th	Dataswyft 2015, Cambridge (United Kingdom), Seed	Provider of decentralized data technology and network group unlocking the value of data for everyone	$2.99M	IQ Capital, Amadeus & 19 others	45/100
6th	7Rivers 2023, Sacramento (United States), Series A	Provider of data analytics, visualization, and other services	$11.6M	Inoca Capital Partners	42/100
7th	Value Simplex 2017, Shanghai (China), Series B	Provider of data collection and management services	$14.4M	Xiaomi, Harvest	42/100
8th	Quesma 2023, Warsaw (Poland), Seed	Provider of databases solutions	$2.3M	Heartcore Capital, Inovo Venture Partners	40/100
9th	Remiges Technologies 2000, Mumbai (India), Unfunded	Provider of database services	-	-	39/100
10th	OceanBase 2010, Beijing (China), Unfunded	Provider of database development services	-	-	38/100
12th	nil.foundation 2018, Limassol (Cyprus), Series B	Developer of database management systems	$22M	IOSG Ventures, Polychain & 3 others	35/100