SingleStore

What SingleStore does

SingleStore is a distributed SQL database company founded in 2011 (originally as MemSQL, rebranded in 2021) and headquartered in San Francisco. It provides a unified database engine that combines transactional (OLTP) and analytical (OLAP) workloads in a single system, eliminating the need for separate purpose-built databases and complex ETL pipelines. The platform serves enterprise customers across financial services, marketing and media, technology, retail, healthcare, manufacturing, and logistics, with named logos including Goldman Sachs, Morgan Stanley, RBC, Adobe, NVIDIA, Comcast, Hulu, FedEx, Kroger, Siemens, and Sony.

The company's core technology is built around Universal Storage, a proprietary storage architecture that combines in-memory rowstore and on-disk columnstore formats within a single table type, optimized for both transactional and analytical workloads with automatic data placement. The query execution layer uses code generation (delivered via a WebAssembly-based Code Engine) to achieve low-latency responses under high concurrency. The platform supports vector data with indexing and hybrid search for AI/ML workloads, multi-model data including JSON/document via SingleStore Kai (MongoDB compatibility), and SQL Wire compliance enabling MySQL and PostgreSQL application migration. SingleStore is delivered as a managed SaaS service (SingleStore Helios) on AWS, Azure, and GCP, plus a self-managed deployment option for on-premises environments. The company expanded its portfolio with the 2024 acquisition of BryteFlow for data integration and launched the Aura AI suite (Aura Analyst, AI Functions, ML Functions) to embed AI capabilities directly in SQL.

SingleStore operates a hybrid go-to-market combining sales-led enterprise motion with product-led self-serve: a free tier and trial drive developer and mid-market adoption through SingleStore Helios, while direct enterprise sales handle large custom contracts on annual billing with Standard, Silver, and Platinum support tiers. Revenue is generated through subscription-based cloud SaaS subscriptions (usage-based compute and storage) and self-managed software licenses. The company maintains SOC 2 Type II and ISO 27001 certifications for security and compliance and distributes through listings on AWS, Azure, and GCP marketplaces. In September 2025, SingleStore was acquired by Vector Capital Management via a majority stake valued at approximately $500 million, replacing a planned IPO.

Name

SingleStore

Legal name

SingleStore, Inc.

Website

https://www.singlestore.com/

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

251–500 employees

Short description

SingleStore provides a distributed SQL database platform unifying transactional and analytical workloads through its proprietary Universal Storage architecture. It serves enterprise customers across financial services, media, retail, technology, and manufacturing via cloud (Helios) and self-managed deployments.

Ownership category

akta.pro rank

Product category

Distributed SQL Database

NAICS

Software Publishers (513210), Software Publishers (5132), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

NewSQL / Distributed SQL Databases (HDAEAAAC)

akta.pro secondary industries

Managed Databases (Relational/NoSQL/In-Memory DBaaS) (HDABAAAE), Wide-Column Stores (HDAEAAAJ)

Keywords

• Distributed SQL database
• Cloud-native database
• Real-time analytics
• Operational analytics
• Vector database

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Cloud Database Services: Subscription-based cloud database services delivered as SingleStore Helios SaaS platform, with usage-based compute and storage pricing on major cloud providers.
2. Self-Managed Licenses: On-premises or self-managed database deployments with licensing fees for enterprise customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Core offering

SingleStore provides a distributed SQL database that combines transactional and analytical workloads in a single engine, built around Universal Storage which merges in-memory rowstore and on-disk columnstore formats. The platform is delivered as a managed cloud SaaS (SingleStore Helios) on AWS, Azure, and GCP, and is also available as a self-managed/on-premises deployment for enterprise customers.

Product overview

SingleStore offers a unified distributed SQL database platform available as both a cloud-managed service (SingleStore Helios) and self-managed deployment. The core engine uses Universal Storage combining in-memory rowstore with on-disk columnstore to handle both transactional and analytical workloads. The platform includes an AI suite branded Aura (Aura Analyst, AI Functions, ML Functions) for AI-powered analytics and LLM integration. SingleStore supports vector data and hybrid search for GenAI applications. The company expanded its portfolio through the acquisition of BryteFlow for data integration. Products are delivered on AWS, Azure, and GCP with SQL Wire compliance and support for Kafka, Spark, MongoDB, and S3 data sources.

Differentiator

Problem solved

Functional benefit

Brands

• Helios: SingleStore Helios is the company's SaaS data platform offering, a distributed SQL database delivered as a managed cloud service available on AWS, Azure, and GCP.
• Aura
• Universal Storage
• SQrL

Products and services

• SingleStore Helios Managed cloud SaaS database platform built on the SingleStore distributed SQL engine with Universal Storage, supporting both transactional and analytical workloads for enterprise customers.
• SingleStore Self-Managed Self-hosted version of the SingleStore distributed SQL database for on-premises deployments, supporting the same engine capabilities as Helios including vector data, Universal Storage, and code generation query execution.
• BryteFlow Data integration platform acquired by SingleStore that provides real-time data ingestion and integration from CRM and ERP systems at scale, used to accelerate adoption of real-time analytics and GenAI.
• SingleStore Kai MongoDB API compatibility layer for SingleStore, enabling applications built for MongoDB to use SingleStore as a drop-in compatible backend, including MongoDB data source integration.

Quantifiable outcome

• Stream Hatchet achieved 10x faster query performance and 2x faster report generation after migrating to SingleStore
• +2 more outcomes

Named customers23 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

AI capability9 records

Feature5 records

Partnerships

Six partnerships are on record, tiered strategic and core.

• BryteFlowstrategicStrategic or Co-development Partner · 3 October 2024SingleStore acquired Australian data integration platform BryteFlow to enhance real-time analytics and generative AI capabilities. The integration aims to improve data accessibility and operationalize data from CRM and ERP systems at scale.
• AWScoreTechnology or IntegrationAWS is a core cloud infrastructure partner providing hosting services. SingleStore Helios is available on AWS Marketplace with migration and AI/ML integration support.
• Google CloudcoreTechnology or IntegrationGoogle Cloud is a cloud infrastructure partner. SingleStore is available on Google Cloud Marketplace with business intelligence and AI/ML capabilities.
• Microsoft AzurecoreTechnology or IntegrationMicrosoft Azure is a cloud infrastructure partner. SingleStore Helios is available on Azure Marketplace for enterprise deployment.
• ConfluentstrategicTechnology or IntegrationConfluent is a technology partner for streaming data integration. Confluent Platform enables organizations to organize and manage data from multiple sources for integration with SingleStore.
• LangChainstrategicTechnology or IntegrationLangChain is an open-source framework for creating applications using LLMs, providing standard interfaces for chains and integrations that work with SingleStore for AI application development.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Databricks: Databricks offers a unified lakehouse platform for data, analytics, and AI. It is a broader incumbent competing with SingleStore across data warehousing, real-time analytics, and the AI/ML data infrastructure stack.
• Snowflake: Snowflake is a leading cloud data warehouse/platform serving enterprise analytics workloads. As a much larger broad incumbent, it competes with SingleStore for analytical and cloud data workloads, particularly where petabyte-scale storage and querying overlap.
• Oracle: Oracle Database is a dominant incumbent relational database with both OLTP and analytical capabilities, plus Oracle Cloud Infrastructure. SingleStore positions against Oracle's converged database stack for cloud-native and HTAP workloads.

Direct peers

• Yugabyte: YugabyteDB is a distributed SQL database offering PostgreSQL-compatible resilience and global consistency. It competes with SingleStore in the NewSQL category for cloud-native transactional applications requiring horizontal scale.
• MongoDB: MongoDB is a leading document/multi-model database with Atlas managed cloud offering. SingleStore's Kai MongoDB compatibility layer and multi-model support position them as competitors for developer-friendly cloud database workloads.
• Cockroach Labs: Cockroach Labs offers CockroachDB, a distributed SQL database designed for transactional workloads with horizontal scale. It is the most direct competitor to SingleStore in the distributed/NewSQL category, targeting similar enterprise use cases for resilient OLTP and hybrid workloads.
• ClickHouse: ClickHouse provides a high-performance column-oriented OLAP database for real-time analytics. It overlaps with SingleStore's analytical workload capabilities and competes for real-time data analytics use cases at scale.
• PingCAP: PingCAP's TiDB is an open-source distributed SQL database with HTAP (hybrid transactional/analytical processing) capabilities, directly comparable to SingleStore's Universal Storage architecture. Both target the same converged OLTP+OLAP workload with MySQL-compatible SQL.
• MariaDB: MariaDB provides an open-source MySQL-compatible relational database with cloud and enterprise offerings. It competes with SingleStore for transactional workloads where MySQL wire compatibility and SQL support are required.

Emerging players

• Pinecone: Pinecone is a managed vector database purpose-built for AI/ML applications including retrieval-augmented generation. It competes with SingleStore's native vector support and Aura AI Functions for AI workload data infrastructure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• GitHubgithub.com/singlestore-labs
• LinkedInlinkedin.com/company/singlestoredb

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries4 records

Funding overview

Funding rounds11 records

Investors25 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SingleStore