About KeyDB
KeyDB is a company based in Toronto (Canada) founded in 2019 by John Sully and Ben Schermel was acquired by Snapchat in May 2022.. KeyDB has raised $150 thousand across 1 funding round from investors including Snapchat and Y Combinator. KeyDB offers products and services including KeyDB Database. KeyDB operates in a competitive market with competitors including MongoDB, Couchbase, DataStax, MariaDB and Qubole, among others.
- Headquarter Toronto, Canada
- Founders John Sully, Ben Schermel
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Sectors
Technology
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Phone
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Website
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Social
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Products & Services of KeyDB
KeyDB offers a comprehensive portfolio of products and services, including KeyDB Database. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-performance in-memory database for fast data storage and retrieval.
Funding Insights of KeyDB
KeyDB has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in August 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $150,000
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First Round
First Round
(24 Aug 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2020 | Amount | Seed - KeyDB | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in KeyDB
KeyDB has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Snapchat and Y Combinator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are accelerated via funding and educational programs.
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Multimedia messaging application for ephemeral photos and videos is provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by KeyDB
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - KeyDB
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Keydb Comparisons
Competitors of KeyDB
KeyDB operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MongoDB, Couchbase, DataStax, MariaDB and Qubole, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A cloud-based database-as-a-service platform is provided for application development.
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| domain | founded_year | HQ Location |
AI-powered database service is provided for enterprise data management.
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| domain | founded_year | HQ Location |
Cloud based database platform for enterprises
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| domain | founded_year | HQ Location |
Provider of dbaas platform for enterprises
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| domain | founded_year | HQ Location |
Provider of cloud-based data lake platform
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| domain | founded_year | HQ Location |
NewSQL-based database-as-a-service platform is offered for multi-cluster operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about KeyDB
When was KeyDB founded?
KeyDB was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is KeyDB located?
KeyDB is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is KeyDB a funded company?
KeyDB is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Aug 24, 2020.
What does KeyDB do?
KeyDB was established in 2019 in Toronto, Canada, as a provider in the database technology sector. NoSQL databases are developed and offered, incorporating active replication, vertical and horizontal scaling, multithreading, and non-blocking queries. In-memory operations and API compatibility are supported, alongside background saving mechanisms. The focus remains on efficient data handling for various applications.
Who are the top competitors of KeyDB?
What products or services does KeyDB offer?
KeyDB offers KeyDB Database.
Who are KeyDB's investors?
KeyDB has 2 investors. Key investors include Snapchat, and Y Combinator.
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