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.
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.
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).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 7/12/2022 | Series F-2 | $1.32B | $XXX.XX | $XXX.XX |
| 9/8/2021 | Series F | $939.04MM | $XXX.XX | $XXX.XX |
| 12/8/2020 | Series E | $438.88MM | $XXX.XX | $XXX.XX |
| 5/15/2018 | Series D | $265.72MM | $XXX.XX | $XXX.XX |
| 4/21/2016 | Series C | $242.58MM | $XXX.XX | $XXX.XX |
| 1/2/2014 | Series B-1 | $159.78MM | $XXX.XX | $XXX.XX |
| 11/4/2013 | Series B | $98.61MM | $XXX.XX | $XXX.XX |
| 6/21/2012 | Series A | $31.25MM | $XXX.XX | $XXX.XX |
| 6/1/2011 | Series Seed | $13.94MM | $XXX.XX | $XXX.XX |
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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SingleStore (MemSQL) is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
