9 SaaS Startups in the Database Industry

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in the Database industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 9 VC funded SaaS startups in the Database industry.

Datorios (FMA Metrolink.ai)

With the use of no-code interfaces, Metrolink offers data teams answers to the problem of a lack of data engineers. Palo Alto, California, served as the home base for Metrolink, which was established in 2021.

Company details:
Founders:
Asaf Cohen, Idan Shchori, Lior Susan, Ronen Korman
Founded:
2021
Based in:
Palo Alto, California, United States
Industries:
Analytics, Big Data, Database, PaaS, Predictive Analytics, SaaS, Software
Latest funding:
$22,000,000
Seed
18 October 2021
Total funding:
$22,000,000
Investors
Eclipse Ventures, Grove Ventures

Nomad Data

The appropriate method to create a market for data has been done by Nomad. The objective of Nomad Data is to close the widening gap between businesses seeking to buy data and individuals providing it. Acquirers consider the use cases they are attempting to address while thinking. Acquirers are able to propose use cases to the Nomad platform. These are then linked to one of our network's 1000+ data suppliers. In their responses, providers explain how their data may be used to address each use case. Data that directly addresses an acquirer's use case is the only data they view. The business is headquartered in New York and was created in 2020.

Company details:
Founders:
Brad Schneider
Founded:
2020
Based in:
New York, New York, United States
Website:
Nomad Data
Industries:
Big Data, Data Integration, Database, SaaS
Latest funding:
$3,200,000
Seed
15 December 2022
Total funding:
$4,800,000
Investors
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PlanetScale

PlanetScale is a MySQL-compatible, serverless database platform built on the tested scalability of Vitess. With predictable scale, workflow velocity, and the ability to deploy features without downtime, we empower development teams to do more with their time. PlanetScale created Vitess, a MySQL sharding solution powering products such as YouTube, Slack, Square and many more. PlanetScale’s expertise helps such businesses scale their new and existing infrastructure faster.

Company details:
Founders:
Jitendra Vaidya, Sugu Sougoumarane
Founded:
2018
Based in:
Mountain View, California, United States
Website:
PlanetScale
Industries:
Database, Information Technology, SaaS, Software
Latest funding:
$50,000,000
Series C
16 November 2021
Total funding:
$105,000,000
Investors
Andreessen Horowitz, Insight Partners, BoxGroup, South Park Commons, Kleiner Perkins

Quant Data & Analytics

Quant was founded as a Saudi consultancy business to offer services including Data Analytics, Business Intelligence, Artificial intelligence, Machine learning, Data Quality Management, and Analytics Training, as well as AI & BI SaaS solutions, as data grew excessive and numerous. Through the services we provide, Quant enables aspirant enterprises and forward-thinking governments to become data-driven, enabling them to streamline operations, increase efficiency, and strengthen decision making.

Company details:
Founders:
Ahmed Bukhamseen, Tareq Abdeljalil
Founded:
2015
Based in:
Riyadh, Ar Riyad, Saudi Arabia
Industries:
Analytics, Artificial Intelligence, Business Intelligence, Data Integration, Data Mining, Data Visualization, Database, Information Technology, Machine Learning, SaaS
Latest funding:
$8,000,000
Series A
3 February 2022
Total funding:
$19,200,000
Investors
VentureSouq, Angel Investor, SEEDRA Ventures, Raed Ventures, Steven Tannock

Risika

Risika is a financial technology company founded in 2017 with a vision to challenge the long-lasting status quo in the financial risk management industry. Today, the CFO needs to be in the driver’s seat when it comes to translating internal and external data into solid decision-making using secure algorithms. Our team of experts within the fields of financial auditing, data science and computer science will make sure all solutions are customisable, automated and 100% reliable

Company details:
Founders:
Christoffer Ljørring, Nicolai Rasmussen, Thorbjorn Ronje, Timm Jeppesen
Founded:
2017
Based in:
Copenhagen, Hovedstaden, Denmark
Website:
Risika
Industries:
Big Data, Business Intelligence, Credit, Database, FinTech, Information Services, Information Technology, Risk Management, SaaS, Software
Latest funding:
$5,666,897
Seed
16 December 2021
Total funding:
$7,928,247
Investors
Seed Capital

Sheetgo

Everyone who can use a spreadsheet will have access to no-code automation thanks to Sheetgo. Users of Sheetgo may design unique, automated workflows to manage, convert, and exchange data in any business operation, from inventory management and financial forecasting to sales tracking and school attendance monitoring.

Company details:
Founders:
Chad Pittman, Jonatan Gomes da Silva, Rafael de Alemar Vidal, Yannick Rault van der Vaart
Founded:
2016
Based in:
Valencia, Comunidad Valenciana, Spain
Website:
Sheetgo
Industries:
Business Intelligence, Database, Enterprise Resource Planning (ERP), Productivity Tools, SaaS, Software
Latest funding:
$1,981,458
Seed
5 May 2022
Total funding:
$3,352,679
Investors
Caixa Capital Risc (CCR), Bewater Funds, Angels Capital, Lanzadera Accelerator, Andreas Mihalovits

Ultipa

Ultipa is a Silicon Valley startup that creates the world's fastest, most user-friendly, and exclusive 4th generation graph database as well as game-changing apps. Ultipa was founded by serial entrepreneurs and industry veterans. Ultipa Manager, Ultipa Graph DBMS, and killer applications for Risk Management, ALM, Liquidity Management, Graph+BI, and RDA solutions are all included in the Ultipa product matrix. Currently, Ultipa provides services to some of the biggest banks, stock exchanges, insurance and reinsurance companies, securities firms, and other businesses in the globe. The Ultipa graph database's DBaaS/SaaS solution is scheduled to launch in early Q4, 2022.

Company details:
Founders:
Monica Liu, Ricky Sun
Founded:
2019
Based in:
San Ramon, California, United States
Website:
Ultipa
Industries:
Big Data, Database, FinTech, SaaS, Software
Latest funding:
$21,000,000
Series A
24 May 2021
Total funding:
$22,000,000
Investors
CMB International Capital Corporation, GIC

Xata.io

A serverless database service from Xata combines the functionality of a SaaS spreadsheet app with the capability of a conventional database.

Company details:
Founders:
Monica Sarbu
Founded:
2021
Based in:
San Francisco, California, United States
Website:
Xata.io
Industries:
Database, Information Services, Information Technology, SaaS
Latest funding:
$30,000,000
Series A
8 March 2022
Total funding:
$35,000,000
Investors
Elad Gil, Guillermo Rauch, Index Ventures, Redpoint, SV Angel

Zilliz

Zilliz is a top provider of enterprise-grade AI vector databases. Zilliz, created by the programmers behind the most widely used open-source vector database in the world, Milvus, aims to use AI to unlock data insights. The company develops cutting-edge database technology to assist businesses in quickly developing AI/ML applications and maximizing the value of unstructured data. Zilliz is dedicated to bringing the potential of AI to every company, every organization, and every person by relieving its users of the burden of managing complicated data infrastructure. Zilliz, which has its headquarters in San Francisco, is supported by a number of renowned investors, including Hillhouse Capital, Prosperity7 Ventures of Aramco, Pavilion Capital of Temasek, 5Y Capital, Yunqi Partners, Trustbridge Partners, and others. Over 1000 businesses worldwide can easily create AI applications using Zilliz's technologies and products, which include computer vision, image retrieval, video analysis, NLP, recommendation engines, targeted ads, customized search, smart chatbots, fraud detection, network security, new drug discovery, and many other areas. Visit zilliz.com or follow @zilliz universe to learn more.

Company details:
Founders:
Charles Xie
Founded:
2017
Based in:
San Francisco, California, United States
Website:
Zilliz
Industries:
Analytics, Artificial Intelligence, Database, Machine Learning, Open Source, SaaS, Software
Latest funding:
$60,000,000
Series B
24 August 2022
Total funding:
$113,000,000
Investors
Hillhouse Capital Group, Pavilion Capital, Prosperity7 Ventures, Yunqi Partners, Trustbridge Partners

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