When was SingleStore founded?

SingleStore was founded in 2011 and raised its 1st funding round within a year of its incorporation.

Where is SingleStore located?

SingleStore is headquartered in San Francisco, United States. It is registered at San Francisco, California.

How many employees does SingleStore have?

As of Jul 31, 2026, the latest employee count at SingleStore is 553.

Is SingleStore a funded company?

SingleStore is a funded company, having raised a total of $558M across 14 funding rounds to date. The company's 1st funding round was a $2.1M Seed round, raised on Jun 01, 2011.

How much is SingleStore worth?

The last known valuation of SingleStore was $1B as of Oct 03, 2022.

When was the latest funding round of SingleStore?

SingleStore's latest funding was a $146M Series F round on Oct 05, 2022, with participation from 1 investor.

Is SingleStore a Big Data Infrastructure company?

The primary sectors of SingleStore are Big Data Infrastructure and Database Technology.

Where does SingleStore rank among its competitors?

SingleStore ranks 3rd amongst 105 active competitors, of which 19 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Databricks, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of SingleStore?

SingleStore's top competitors include Databricks, Snowflake and Cockroach Labs. Among them, Databricks secured the most recent funding round in July, 2026.

SingleStore - 2026 Company Profile, Team, Funding & Competitors

SingleStore is an acquired company based in San Francisco (United States), founded in 2011 by Nikita Shamgunov, Eric Frenkiel and Adam Prout. It operates as a Provider of cloud based relational database for enterprises. SingleStore has raised $558M in funding from investors like Goldman Sachs, Insight Partners and Y Combinator, with last known valuation of $1B. The company has 105 active competitors, including 19 funded and 12 that have exited. Its top competitors include companies like Databricks, Snowflake and Cockroach Labs.

Company Details

Provider of cloud based relational database for enterprises. It provides a database to streamline SQL, JSON, and vector workloads. Its features include a single store and managed database, database monitoring, and workflow optimization.

Website: www.singlestore.com/
Social
Email ID: *****@singlestore.com
Phone Number: +1 **********
Registered Address: San Francisco, California

Key Metrics

Founded Year

2011

Location

San Francisco, United States

Stage

Acquired

Total Funding

$558M in 14 rounds

Latest Funding Round

Series F, Oct 05, 2022, $146M

Last Known Valuation

$1B as on Oct 03, 2022

Investors

Goldman Sachs & 37 more

Ranked

3^rd among 105 active competitors

Employee Count

553 as on Jul 31, 2026

Investment & Acquisitions

BryteFlow

Similar Companies

Databricks & 104 more

Exit Details

Acquired by Vector Capital (Sep 10, 2025)

View SingleStore's full profile

SingleStore is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MEMSQL, INC CIN: 274338678 , United States, Active	Dec 31, 1999	-	198 (As on Dec 31, 2024)	-
SINGLESTORE UK, LTD CIN: 12180130 , United Kingdom, Active	Aug 28, 2019	-	24 (As on Feb 29, 2024)
SINGLESTORE INDIA PRIVATE LIMITED CIN: U72100TS2020FTC184305 , India, Active	May 23, 2020	₹50 - ₹100 Cr (As on Mar 31, 2025)	94 (As on Mar 31, 2024)

SingleStore got acquired by Vector Capital on Sep 10, 2025.

Click here to take a look at SingleStore's acquisition in detail

SingleStore has raised a total funding of $558M over 14 rounds. Its first funding round was on Jun 01, 2011. Its latest funding round was a Series F round on Oct 05, 2022 for $146M. 1 investor participated in its latest round. SingleStore has 31 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of SingleStore:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 05, 2022	$146M	Series F	-	-	Goldman Sachs	-
Oct 03, 2022	$30M	Series F	$1B	-	Goldman Sachs	Prosperity7 Ventures
Jul 12, 2022	$116M	Series F	$1.3B	-	Goldman Sachs	Sanabil, Dell Technologies Capital, Google Ventures, IBM, Insight Partners, REV, Hewlett Packard Pathfinder

Access funding benchmarks and valuations. Sign up today!

View details of SingleStore's funding rounds and investors

The founders of SingleStore are Nikita Shamgunov, Eric Frenkiel and Adam Prout.

Here are the details of SingleStore's key team members:

Nikita Shamgunov: Former Co-Founder of SingleStore. They serve on the board of 1 company.
Eric Frenkiel: Former Co-Founder & CEO of SingleStore.
Adam Prout: Former Co-Founder of SingleStore.

SingleStore's Board of Directors

SingleStore's board has 3 active members. Howard Morgan, Nikita Shamgunov and Paul Eric Frenkiel are independent board members.

Here is the list of SingleStore's board of directors:

Name	Type	Representing	Status	Duration
Howard Morgan	Independent board member	-	Current	15y 2m
Nikita Shamgunov	Independent board member	-	Current	15y 2m
Paul Eric Frenkiel	Independent board member	-	Current	15y 2m

View details of SingleStore's Founder profiles and Board Members

SingleStore's employee count trend

SingleStore has 553 employees as of Jul 26. Here is SingleStore's employee count trend over the years:

Uncover SingleStore's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of SingleStore include Databricks, Snowflake and Cockroach Labs. Here is the list of Top 10 competitors of SingleStore, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Databricks 2013, San Francisco (United States), Series L	Data and AI platform that unifies analytics	$20.2B	Andreessen Horowitz, Insight Partners & 112 others	83/100
2nd	Snowflake 2012, Bozeman (United States), Public	Provider of cloud-based data platform for analytics and data sharing	$1.56B	Sutter Hill Ventures, ICONIQ Growth & 36 others	80/100
3rd	SingleStore 2011, San Francisco (United States), Acquired	Provider of cloud based relational database for enterprises	$558M	Glynn Capital, New Enterprise Associates ... & 36 others	74/100
4th	Cockroach Labs 2015, New York City (United States), Series F	Developer of a distributed SQL database designed for mission-critical applications	$633M	Altimeter Capital, Bond Capital & 20 others	65/100
5th	FireBolt 2019, Tel Aviv (Israel), Series C	Developer of a cloud data warehouse platform for analytical workloads	$269M	Alkeon Capital, Dawn Capital & 7 others	61/100
6th	Solver 1996, Calabasas (United States), Acquired	Provider of extended financial planning and analysis software and related services	-	-	56/100
7th	NuoDB 2010, Cambridge (United States), Acquired	Distributed SQL database enabling scalable, resilient, and fast application deployment	$88.1M	Longworth Venture Partners, HWVP & 4 others	56/100
8th	Netezza 2000, Marlborough (United States), Acquired	Big data warehousing solutions provider	$73.2M	Meritech, Battery Ventures & 7 others	52/100
9th	PingCAP 2015, Sunnyvale (United States), Series D	Cloud-based platform offering distributed NewSQL databases	$342M	5Y Capital, Sequoia Capital China & 24 others	52/100
10th	ScaleBase 2010, Newton (United States), Acquired	AI-powered platform optimizing subscription businesses' revenue processes, from quote to cash	$10.5M	Bain Capital Ventures, Ascent Venture Partners ... & 1 others	51/100