SingleStore
YC W11San Francisco, US · Founded 2011 · 150 employees · 19 known investors
Find your way into SingleStore
730 people in our graph share verified history with the SingleStore team — schools, employers, funds. One of them is your warm intro.
Quentin Clarkunlockedknows Nikita Shamgunov · together at Neon @neondatabase (overlapped)
knows the team · via Neon @neondatabase
×3knows the team · via TIBCO Software Inc.
×3knows the team · via Facebook
knows the team · via SingleStore
knows the team · via Databricks Ventures
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 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.
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Eric FrenkielinFounder/CEO
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Nikita Shamgunovin𝕏Founder (MemSQL)Nikita 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.
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Adam Proutin𝕏Founder (MemSQL)He 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.
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Erik FrankielFounder (MemSQL)
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Raj Vermain𝕏CEOHe 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.
Investors · 19
AccelPalo Alto · $1.6M – $70M
DCVC (Data Collective)Palo Alto · $5M – $25M
Eastlink Capital PartnersMenlo Park · $100K – $5M
Glynn Capital ManagementMenlo Park
Great Oaks Venture CapitalNew York · $50K – $500K
Intrepid Growth PartnersToronto
Prosperity7 VenturesDhahran
Summit Peak VenturesFort Worth
Y CombinatorSan Francisco · $500K
Dell Technologies CapitalreportedPalo Alto · $500K – $50M
Goldman Sachsreported · 2 sourcesNew York
GV (Google Ventures)reportedMountain View · $250K – $50M
Insight PartnersreportedNew York · $120M – $350M
Khosla Venturesreported · 2 sourcesMenlo Park · $5K – $50M
Sanabil InvestmentsreportedRiyadh · $100K – $157M
Also in the syndicate · 4
IBMProsperity7Rev IVSanabil
Funding
SEC filings, press & company announcements$232M disclosed across 2 of 6 rounds · 2021–2026
- $116MSeries fMay 2026Source ↗
- Undisclosed amountSeries GOct 2025Source ↗
- Undisclosed amountSeries FOct 2022
Prosperity7
Source ↗ - Undisclosed amountSeries FJul 2022
Goldman Sachs (lead), Dell Technologies Capital, Google Ventures, Hewlett Packard Enterprise, IBM, Insight Partners, Sanabil
Source ↗ - $116MraisedJul 2022 · 2 sources
Goldman Sachs Asset Management (lead), Dell Technologies Capital, GV, Hewlett Packard Enterprise (HPE), IBM Ventures, Insight Partners, Sanabil Investments
Source ↗ - Undisclosed amountSeries FSep 2021
Insight Partners (lead), Dell Technologies Capital, Glynn Capital, Google Ventures, Hewlett Packard Enterprise, Khosla Ventures, Rev IV
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Founder mafia
2 people who came through SingleStore went on to found or lead other companies.
Competitors · 6
by search overlap
Netezza1301 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
DataCamp819 shared keywordsDataCamp 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.
Truera625 shared keywordsSnowflake 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.
MongoDB600 shared keywordsMongoDB 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.
Databricks539 shared keywordsDatabricks provides a unified platform for data engineering, analytics, and artificial intelligence, enabling organizations to build and deploy data and AI applications on cloud infrastructure.
MySQL493 shared keywordsMySQL is an open source relational database used by web-based applications and deployed across web, cloud, mobile, and embedded systems. It is owned and developed by Oracle.
Companies competing with SingleStore for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
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, DCVC (Data Collective), Eastlink Capital Partners, Glynn Capital Management, Great Oaks Venture Capital, Intrepid Growth Partners, Prosperity7 Ventures, Summit Peak Ventures and 7 more.
- How much funding has SingleStore raised?
- SingleStore has disclosed $232M raised across 2 of its 6 known rounds.
- Where is SingleStore headquartered?
- SingleStore is headquartered in San Francisco, US.