SingleStore (formerly known as MemSQL) was founded in 2011 by Adam Prout, Eric Frenkiel, and Nikita Shamgunov. Following a $116 million funding round in 2022, the company hired Meaghan Nelson as general counsel. Nelson told reporters that "I feel that my deep experience working closely with companies through the IPO process along with my experience in scaling G&A orgs will be of great value to SingleStore as we continue to achieve new heights."

SingleStore provides database solutions with the goal of "unifying different types of workloads in a single database." The company has raised more than $500 million in venture capital from investors including Goldman Sachs, Prosperity7 Ventures, Dell Technologies, Hewlett Packard, IBM Ventures, and Insight Partners. In 2022, CEO Raj Verma said that SingleStore's valuation "is upwards of $1.3 billion."

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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What is SingleStore (MemSQL)'s ticker symbol?

SingleStore (MemSQL) does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.

What is SingleStore (MemSQL)'s stock price?

The stock price for SingleStore (MemSQL) will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).

Who are SingleStore (MemSQL)'s major investors?

New Enterprise Associates
First Round Capital
Goldman Sachs Growth Equity
DST Global
IA Ventures
Glynn Capital Management
Great Oaks Venture Capital
Dell Technologies Capital
Caffeinated Capital
Hercules Capital
Hewlett Packard Pathfinder
Prosperity7 Ventures
Summit Peak Investments
REV Venture Partners

SingleStore (MemSQL) Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
7/12/2022 Series F-2 $116MM raised $XXX.XX $XXX.XX
9/8/2021 Series F $80MM raised $XXX.XX $XXX.XX
12/8/2020 Series E $80MM raised $XXX.XX $XXX.XX
5/15/2018 Series D $31.42MM raised $XXX.XX $XXX.XX
4/21/2016 Series C $34.23MM raised $XXX.XX $XXX.XX
1/2/2014 Series B-1 $11.12MM raised $XXX.XX $XXX.XX
11/4/2013 Series B $27.3MM raised $XXX.XX $XXX.XX
6/21/2012 Series A $3.83MM raised $XXX.XX $XXX.XX
6/1/2011 Series Seed $4.88MM raised $XXX.XX $XXX.XX
Based on primary financings
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When was SingleStore (MemSQL) founded?

SingleStore (MemSQL) was founded in 2011.
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Can you invest in SingleStore (MemSQL)?

SingleStore (MemSQL) is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Is SingleStore (MemSQL) a publicly traded company?

SingleStore (MemSQL) is a private company and not publicly traded.

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Updated on: Nov 15, 2023


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