SingleStore is a cloud-native, distributed SQL database that combines transactional and analytical workloads in a unified engine. Formerly MemSQL, the company provides real-time HTAP (Hybrid Transactional/Analytical Processing) capabilities with support for structured, semi-structured, and vector data on a global scale.
SingleStore has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2011
Employees
501–1,000
Total Funding
$461.61M
10 rounds
Latest Valuation
$1.3B
Oct 5, 2022
Closed growth buyout with Vector Capital, which takes a majority stake (~$500M per Bloomberg); CEO stays on.
Change-of-control liquidity event for early holders; IPO path deferred.
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $461.61M across 10 rounds
Last updated 08-29-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Oct 5, 2022 | Series F (final tranche) | $30M | $1.3B | Prosperity7 Ventures |
| Jul 12, 2022 | Series F Extension | $116M | $1.3B | Goldman Sachs |
| Sep 8, 2021 | Series F TechCrunch | $80M | $0.94B | Insight Partners |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series F
$940M
Sep 2021
SingleStore today
$1.3B
Oct 2022 · latest mark
SingleStore multiple
1.4x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Raj Verma
Chief Executive Officer
Nadeem Asghar
Chief Technology Officer
Elmer Lai
Chief Financial Officer
Jay Schaufeld
Chief Human Resources Officer
Doug Appleton
General Counsel
Competitor list is illustrative and may be incomplete, stale, or erroneous.
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