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SingleStore

YC W11

San Francisco, US · Founded 2011 · 150 employees · 33 known investors

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SingleStore provides a distributed SQL database designed for real-time transactional and analytical processing in a single engine, serving SaaS builders, data leaders, and enterprises that require high-performance data applications.

Also known as Mach Data Systems, Inc · MemSQL

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareSaaSUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (W11)

SingleStore was founded in 2011 by Eric Frenkiel, Nikita Shamgunov, Adam Prout, and Erik Frankiel.

EFEric Frenkiel
Eric FrenkielCo-Founder and CEO2011–2017
NSNikita Shamgunov
Nikita ShamgunovCo-founder · Chief Strategy Officer2020–2022Nikita Shamgunov founded SingleStore as CTO and served as CEO from 2017, scaling the company to $40M ARR. He previously held senior engineering roles at Facebook's infrastructure team and Microsoft's SQL Server division.
APAdam Prout
Adam ProutCTO & Co-Founder2018–2024He co-founded SingleStore in 2011, serving as chief architect and later CTO for more than a decade, after five years as a software engineer at Microsoft. He returned to Microsoft in 2024 as a partner architect and now works as a distinguished engineer and VP on Azure HorizonDB.
EF
Erik FrankielFounder (MemSQL)
RVRaj Verma
Raj VermaChief Executive OfficerHe joined SingleStore as co-CEO in 2019 before taking sole leadership in 2020. He previously held executive roles at Apttus, including COO, chief strategy officer and chief revenue officer, served as president and COO of Hortonworks, and spent several years at TIBCO Software as EVP of sales and COO.
AP
Aadam ProutFounder
CS
Carl Sverre
AS
Alexander SkidanovSenior Software Developer2011–2016
SWSarah Wooders
Sarah WoodersSoftware Engineering Intern2018–2018CEO + co-founder at Glisten AI
EC
Ed CampanaPeople Opsformer

Investors · 33

Collective Liquiditylisted by Collective LiquidityPlantation

How we know: Collective Liquidity's portfolio page · Not right? Tell us

DCVC (Data Collective)listed by DCVC (Data Collective)Palo Alto · $5M – $25M

How we know: funding news · singlestore.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Y Combinator's founder network · Not right? Tell us

Dell Technologies Capitallisted by Dell Technologies CapitalPalo Alto · $500K – $50M

How we know: Dell Technologies Capital's portfolio page · singlestore.com · Y Combinator's founder network · Not right? Tell us

Divide by Zerolisted by Divide by ZeroSan Francisco

How we know: Divide by Zero's portfolio page · Not right? Tell us

Eastlink Capital Partnerslisted by Eastlink Capital PartnersMenlo Park · $100K – $5M

How we know: the VCSheet dataset · Not right? Tell us

First Round Capitallisted by First Round CapitalSan Francisco · $100K – $20M

How we know: Y Combinator's founder network · firstround.com · open dataset · 5k.vc investor directory · Not right? Tell us

Glynn Capital Managementlisted by Glynn Capital ManagementMenlo Park

How we know: Glynn Capital Management's portfolio page · singlestore.com · funding news · Y Combinator's founder network · Not right? Tell us

Great Oaks Venture Capitallisted by Great Oaks Venture CapitalNew York · $50K – $500K

How we know: Great Oaks Venture Capital's portfolio page · the VCSheet dataset · Not right? Tell us

GV (Google Ventures)listed by GV (Google Ventures)Mountain View · $250K – $50M

How we know: GV (Google Ventures)'s portfolio page · singlestore.com · funding news · open dataset · 5k.vc investor directory · Y Combinator's founder network · Not right? Tell us

In-Q-Tellisted by In-Q-TelTysons · $100K – $2.5M

How we know: In-Q-Tel's portfolio page · Not right? Tell us

Intrepid Growth Partnerslisted by Intrepid Growth PartnersToronto

How we know: Intrepid Growth Partners's portfolio page · Not right? Tell us

Prosperity7 Ventureslisted by Prosperity7 VenturesDhahran

How we know: techcrunch.com · Not right? Tell us

REV Venture Partnerslisted by REV Venture PartnersLondon · $1M – $10M

How we know: REV Venture Partners's portfolio page · Y Combinator's founder network · open dataset · 5k.vc investor directory · Not right? Tell us

Summit Peak Ventureslisted by Summit Peak VenturesFort Worth
Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us

Agrolimen Venturesreported

How we know: Y Combinator's founder network · Not right? Tell us

Anchorage Capital PartnersreportedSydney

How we know: Y Combinator's founder network · Not right? Tell us

Caffeinated CapitalreportedSan Francisco · $3M – $50M

How we know: funding news · singlestore.com · Y Combinator's founder network · Not right? Tell us

Goldman SachsreportedNew York

How we know: company funding news (hacker news) · techcrunch.com · funding news · Not right? Tell us

Hercules Capital, Inc.reportedSan Mateo

How we know: Y Combinator's founder network · Not right? Tell us

IA VenturesreportedNew York · $1M – $3M

How we know: funding news · singlestore.com · Y Combinator's founder network · Not right? Tell us

Insight PartnersreportedNew York · $120M – $350M

How we know: singlestore.com · open dataset · 5k.vc investor directory · Y Combinator's founder network · Not right? Tell us

Khosla VenturesreportedMenlo Park · $100K – $20M

How we know: funding news · singlestore.com · Y Combinator's founder network · Not right? Tell us

New Enterprise Associates (NEA)reportedMenlo Park · $200K – $40M

How we know: Y Combinator's founder network · Not right? Tell us

Sam Altmanreported

How we know: Y Combinator's founder network · Not right? Tell us

Sanabil InvestmentsreportedRiyadh

How we know: singlestore.com · Not right? Tell us

Sound VenturesreportedSanta Monica

How we know: Y Combinator's founder network · Not right? Tell us

SV AngelreportedSan Francisco · $150K – $20M

How we know: Y Combinator's founder network · Not right? Tell us

Vector CapitalreportedSan Francisco

How we know: funding news · press coverage · company funding news (hacker news) · Not right? Tell us

Also in the syndicate · 3

IBMRev IVSanabil

Funding

SEC filings, press & company announcements

$232M disclosed across 2 of 8 rounds · 2018–2026

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

The SingleStore mafia →

9 people who came through SingleStore went on to found or lead other companies.

Sarah WoodersSoftware Engineering InternFounded Glisten AI +1Jordan TiganiChief Product OfficerFounded MotherduckTim CabralBoard MemberFounded AgisticsNikita ShamgunovCTOFounded NeonJack CameronSoftware EngineerFounded SaldorMichael SilverSoftware Engineering InternFounded KaizenAnkur GoyalVice President of EngineeringFounded BraintrustYatharth GuptaSenior Vice President, Product ManagementFounded CodifiedMarin SmiljanicSoftware EngineerFounded Omnisearch

Related companies · 10

RealmRealm provides an embedded database engine for mobile applications, serving as an alternative to SQLite and Core Data. The platform aims to reduce development time and code complexity for iOS and Android developers building data-driven apps.
OracleOracle sells enterprise database software, applications and cloud infrastructure, and has grown through large acquisitions including PeopleSoft, Siebel and Sun Microsystems.
QuestDBQuestDB is an open-source time-series database designed for high-performance analytics and low-latency querying of temporal data. It serves financial institutions, trading platforms, and enterprises requiring real-time data processing.
LoomLoom is a screen recording and video messaging platform that enables users to record, edit, and share video messages with built-in AI capabilities for documentation and collaboration. The tool serves remote teams, software developers, and enterprises seeking asynchronous communication and documentation workflows.
DataCampDataCamp is a learning platform for teams that teaches data and AI skills through hands-on coursework accessible via web browser and mobile app. It serves enterprise customers and development teams seeking to build technical capabilities.
DockerDocker provides containerization and application development platform tools including sandboxes, governance, and security solutions for developers.
SnowflakeSnowflake is a fully managed cloud data platform that integrates data ingestion, processing, analysis, and AI application development across multiple cloud providers. It serves enterprise customers with unified security, governance, and infrastructure for building data and AI workloads.
DropboxDropbox is a cloud storage and file synchronization platform that helps teams organize files, reduce busywork, and collaborate efficiently. The company serves individuals and teams across organizations who need to manage and sync files across devices.
MongoDBMongoDB is a cloud database company that provides Atlas, a multi-cloud data platform for transactional, search, and generative AI workloads, along with enterprise on-premises options and integration tools for developers and partners.
DatabricksDatabricks provides a unified platform for data engineering, analytics, and artificial intelligence, enabling organizations to build and deploy data and AI applications on cloud infrastructure.

Companies working in the same space as SingleStore.

Legal entities · 2

corporate structure
Mach Data Systems, Inc
SingleStore, Inc.

In the news

SingleStore Raises $116.0M | Signalbasetrysignalbase.com · May 2026SingleStore raises $30M more to bring its database tech to new customers • TechCrunchtechcrunch.com · Oct 2022SingleStore Announces $116M Financing Led by Goldman Sachs Asset Managementsinglestore.com · Jul 2022SingleStore raises additional cash to grow database businesstechcrunch.com · Jul 2022SingleStore Raises $80M, Delivers Cure for Database Sprawlsinglestore.com · Sep 2021

Frequently asked questions

What does SingleStore do?
SingleStore provides a distributed SQL database designed for real-time transactional and analytical processing in a single engine, serving SaaS builders, data leaders, and enterprises that require high-performance data applications.
Who founded SingleStore?
SingleStore was founded by Eric Frenkiel, Nikita Shamgunov, Adam Prout, Erik Frankiel in 2011.
Who are SingleStore's investors?
SingleStore's investors include Accel, Collective Liquidity, DCVC (Data Collective), Dell Technologies Capital, Divide by Zero, Eastlink Capital Partners, First Round Capital, Glynn Capital Management and 22 more.
How much funding has SingleStore raised?
SingleStore has disclosed $232M raised across 2 of its 8 known rounds.
Where is SingleStore headquartered?
SingleStore is headquartered in San Francisco, US.