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TigerBeetle

San Francisco, US · Founded 2022 · Delaware corporation · 17 employees on LinkedIn · 14 known investors

TigerBeetle is a specialized transactions database designed for online transaction processing (OLTP) with focus on safety and performance. It serves financial services companies, trading platforms, and other transaction-heavy businesses across sectors like banking, energy, and capital markets.

Also known as tigerbeetle/tigerbeetle

Founders & leadership

TigerBeetle was founded in 2022 by Joran Dirk Greef and Joran Greef.

JDJoran Dirk Greef
Joran Dirk GreefFounder & CEO
JGJoran Greef
Joran GreefinFounder & CEOFounder and CEO of TigerBeetle, a financial transactions database built for online transaction processing (OLTP).
DG
David GardinerNamed on SEC filing

Investors · 14

Also in the syndicate · 12

Ameet PatelAmod MalviyaAndrew Kelleyangel investorsChris RiccominiDeepti SrivastavaDerek CollisonDesigan ChinniahDominik TornowJames CowlingLoris CroThomas McLeod

Reported raises · per SEC filings

Form D private placements

$30.5M disclosed across 2 of 4 rounds · 2022–2024

$24MraisedJun 2024 · 9 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • David GardinerDirector, Promoter
  • Joran Dirk GreefExecutive Officer, Director, Promoter
  • Natalie VaisDirector
Offering amount
$24M
Amount sold
$24M
First sale
May 2024
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$6.5MraisedJul 2023 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Joran Dirk GreefExecutive Officer, Director, Promoter
  • David GardinerDirector, Promoter
Offering amount
$6.5M
Amount sold
$6.5M
First sale
Nov 2022
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

TigerBeetle develops a distributed database specialized for online transaction processing (OLTP) of financial transactions. Rather than exposing a general-purpose SQL interface, it ships with a fixed, pre-defined double-entry bookkeeping schema of accounts and transfers, where each transfer moves value between two accounts by incrementing debits on one side and credits on the other. The product is distributed as a single, small, statically linked binary available for Linux, macOS and Windows, and is described as production-ready on Linux. It is released as open source under the Apache 2.0 licence with no contributor licence agreements, on a weekly release cadence (version 0.17.9 dated 6 July 2026).

The system is deployed as a cluster, typically of six replicas, with each replica storing all state in a single data file; single-replica clusters are supported for experimentation but without high availability. Client libraries exist for Python, Java, Node.js, .NET, Go and Ruby, alongside a built-in CLI/REPL client. Company materials position the database around four properties — performance, consistency (strict serializability on debit/credit primitives), multi-cloud high availability, and durability in the face of network, machine and storage faults.

The company frames its market opportunity around the argument that general-purpose databases such as Postgres, MySQL and SQLite were designed 20–30 years ago and hit an OLTP write-throughput ceiling because row locks are held across the network; it cites Amdahl's Law to argue that even modest contention caps throughput at roughly 100–1,000 TPS regardless of horizontal scaling. TigerBeetle claims up to 1000x faster OLTP performance on a fraction of the hardware.

Founding story

TigerBeetle grew out of a project at the web monetisation startup Coil, where engineer Joran Dirk Greef built a specialised database to store and process transactions. In 2022 the project was spun out as an independent company, TigerBeetle, led by Greef, with $6.4 million in seed funding from Coil and Amplify Partners.

Business model

TigerBeetle distributes its core database as open-source software under the Apache 2.0 licence (no CLAs), with public documentation and self-hosted deployment. The sources describe customer acquisition as a use of Series A proceeds but do not disclose pricing, commercial products or a paid offering.

Not disclosed in the available sources.

Traction

The GitHub repository has 16,900 stars, 887 forks, 99 watchers and 12,580 commits. The company reported an eight-person workforce at the time of its July 2024 Series A. The website advertises capability figures of 100K–500K TPS, 100ms P100 latency, 1T+ transactions, 1B+ accounts and operation at 90% contention; these are vendor-stated figures rather than independently verified customer metrics. No named customers are disclosed in the sources.

Latest developments

The company maintains a weekly release cadence, with release 0.17.9 dated 6 July 2026, and states the database is production-ready on Linux with client libraries for Python, Java, Node.js, .NET, Go and Ruby. Documentation has been expanded into Start, Concepts, Coding, Operating and Reference sections plus separate internals docs.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

TigerBeetle positions itself as a complement to, rather than a replacement for, general-purpose (OLGP) and analytical (OLAP) SQL databases, arguing that OLTP — writing fixed-size integers such as orders and payments — is a distinct workload from reading variable-length strings. It explicitly benchmarks itself against Postgres and names Postgres, MySQL and SQLite as the incumbent general-purpose designs it considers unsuited to modern transaction volumes. Public traction signals include 16.9k GitHub stars and 887 forks.

Key differentiators claimed are a purpose-built, fixed debit/credit schema with strict serializability that moves OLTP invariants such as idempotency, isolation and two-phase commit out of application code; batching of thousands of transactions into a single query to avoid lock contention; deterministic low tail latency through static allocation and Direct I/O/io_uring; a replicated six-machine architecture that scales up rather than out; and full open-source availability under Apache 2.0 without contributor licence agreements.

Technology

TigerBeetle co-designs its global consensus protocol and local storage engine as a single system optimized for transaction throughput per CPU cycle under high write contention. Design elements cited include batching of up to 8,189 transactions per query, elimination of row locks, static memory allocation, zero copy, zero deserialization, Direct I/O and io_uring for predictable P100 tail latency, no garbage collection or out-of-memory crashes, and a tiered storage engine spanning L1/L2/L3 CPU caches, RAM and NVMe. Clusters scale up on six replicated (never partitioned) machines. The codebase is written with Zig tooling in the repository and follows a documented engineering methodology, TIGER_STYLE.md. A security contact (security@tigerbeetle.com) is published for vulnerability disclosure.

Go-to-market

Distribution is developer-led: a downloadable single binary via curl one-liners for Linux, macOS and Windows, extensive public documentation at docs.tigerbeetle.com, a GitHub repository, and client libraries for major languages. Community channels include a monthly newsletter, a YouTube channel (including talks from the Systems Distributed conference), Twitch streams, X, Bluesky and GitHub. Technical talks (e.g. "Redesigning OLTP for a New Order of Magnitude" at QCon SF, and a video introduction with The Primeagen) are used for awareness. The company stated that Series A funding would be used to grow the team and acquire new customers.

Organizations with transaction-heavy, mission-critical workloads that can be expressed as double-entry bookkeeping — financial services and payments providers, plus sectors the company cites as rapidly becoming more transactional: cloud, energy, ride-sharing, gaming/in-game economies and real-time payments.

Geography

Sources describe TigerBeetle as San Francisco, California-based. The company references global transaction-volume growth in markets such as India and Brazil as market drivers, and supports multi-cloud deployment, but no offices outside the US are named.

History

Spun out of Coil in 2022. In February 2023 the company, then described as San Francisco-based and led by Joran Dirk Greef, Adrian Hope-Bailie and Donovan Changfoot, announced a $6.4M round led by Amplify Partners and Coil with a broad group of angels and advisors. In July 2024 it announced a $24M Series A led by Spark Capital (general partner Natalie Vais), with Amplify Partners, Coil and angels participating, to grow its then eight-person team and win customers. The product has continued on a weekly release cadence, with version 0.17.9 published 6 July 2026.

Risks & controversies

No controversies, litigation or regulatory issues appear in the available sources. Notable profile risks are informational: performance and scale figures are vendor-published and not independently verified in these sources; no customers, revenue or commercial model are disclosed; and the company reported a very small team (eight people) as of mid-2024 while competing against entrenched general-purpose databases.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Accounts supported (stated capability)Jan 20261B+ accounts
Current release versionJul 20260.17.9 (Jul 6, 2026)
EmployeesJul 20248 people
GitHub commitsJan 202612,580 commits
GitHub forksJan 2026887 forks
GitHub starsJan 202616,900 stars
GitHub watchersJan 202699 watchers
Journal entries per second on consumer-grade hardware (company claim)Feb 20231,000,000 entries/second
P100 latencyJan 2026100 ms
ThroughputJan 2026100K-500K TPS
Transactions per queryJan 20268,189 transactions
Transactions supported (stated capability)Jan 20261T+ transactions

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 2

by search overlap

Companies competing with TigerBeetle for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 4

launches, deals, and filings
Jul 2026
Weekly release 0.17.9

TigerBeetle publishes weekly releases; version 0.17.9 is dated Jul 6, 2026 on the company website, distributed under Apache 2.0 with no CLAs.

source ↗

Jul 2024
TigerBeetle raises $24M Series A led by Spark Capital

Series A led by Spark Capital (general partner Natalie Vais), joined by Amplify Partners, Coil and angel investors. Proceeds to be used to grow the then eight-person team and acquire new customers.

$24M source ↗

Feb 2023
TigerBeetle raises $6.4M seed round

TigerBeetle, a San Francisco-based financial accounting database provider, raised $6.4M led by Amplify Partners and Coil, with participation from angels and advisors. Funds earmarked for growth and expanding operations.

$6.4M source ↗

Jan 2022
Spun out of Coil as an independent company

The database project, begun by engineer Joran Dirk Greef at web monetisation startup Coil, was spun out in 2022 as TigerBeetle, led by Greef.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
TigerBeetleDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does TigerBeetle do?
TigerBeetle is an open-source financial transactions database purpose-built for high-throughput, high-safety OLTP workloads.
Who founded TigerBeetle?
TigerBeetle was founded by Joran Dirk Greef, Joran Greef in 2022.
Who are TigerBeetle's investors?
TigerBeetle's investors include Spark Capital, Amplify Partners.
How much funding has TigerBeetle raised?
TigerBeetle has disclosed $30.5M raised across 2 of its 4 known rounds.
Where is TigerBeetle headquartered?
TigerBeetle is headquartered in San Francisco, US.