- Companies
- Aiven
Aiven Revenue, Valuation, Funding & Investors
Aiven is valued at $3B as of May 2022, a 30.0x multiple on its last reported $100M revenue.
Last Aiven valuation
$3B
Series D · May 2022
Last Aiven funding round
$210M
Series D · May 2022
Aiven revenue
$100M
Series D · May 2022
Key investors in Aiven
IVP
Earlybird VC
Atomico
Lifeline Ventures
World Innovation Lab
Salesforce Ventures
About Aiven
Aiven is a Helsinki-headquartered cloud data platform managing open-source technologies like PostgreSQL, Apache Kafka, and OpenSearch across AWS, Google Cloud, and Azure. Serving over 4,000 organizations including Adobe and N26, it automates scaling for petabyte-scale workloads with 99.99 percent uptime. Founded in 2016, Aiven employs 500 staff across Berlin, Sydney, Toronto, and Boston.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$100M (May 2022)
Valuation
$3B (May 2022)
Aiven Valuation
Aiven is currently valued at $3B, based on its Series D in May 2022.
The $210M round was led by Eurazeo, with participation from Salesforce Ventures, IVP, World Innovation Lab, BlackRock, Earlybird VC and 1 other investor.
Aiven's valuation has grown 3.8x from $800M at its Series C in March 2021 to $3B in May 2022, across 3 priced rounds.
Aiven valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| May 2022 | Series D | $3B | 30.0x |
| Oct 2021 | Series C | $2B | 20.0x |
| Mar 2021 | Series C | $800M | 8.0x |
Aiven Revenue
Aiven's latest recorded revenue is $100M, as of its Series D in May 2022. At a $3B valuation, that implies a 30.0x revenue multiple.
Revenue moved from $100M in March 2021 to $100M in May 2022, while the revenue multiple moved from 8.0x to 30.0x.
Aiven revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| May 2022 | $100M | $3B | 30.0x | Series D |
| Oct 2021 | $100M | $2B | 20.0x | Series C |
| Mar 2021 | $100M | $800M | 8.0x | Series C |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Aiven Funding History
Aiven has raised a total of $420M across 6 funding rounds.
Aiven's first fundraising round was a $1M seed round in June 2017. The most recent completed round was a $210M Series D in May 2022.
Aiven funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2022 | Series D | Eurazeo (lead); Salesforce Ventures; IVP; World Innovation Lab; BlackRock; Earlybird VC; Atomico | $210M | $3B | Aiven is a Helsinki-based software company founded in 2016 that provides fully managed open-source database and messaging services like PostgreSQL, Kafka, Redis, Grafana, and M3 across major cloud providers, enabling developers to manage data infrastructure without operational overhead. The company targets product-led growth serving customers across industries with a platform approach that democratizes access to open-source technologies on any cloud. On May 11, 2022, Aiven raised $210 million in its Series D funding round led by Eurazeo, with participation from BlackRock, IVP, Atomico, Earlybird Venture Capital, World Innovation Lab, and Salesforce Ventures. This brought total funding to $420 million. Sources report a pre-money valuation of $3 billion, with one outlet stating the round brought a $3 billion valuation overall. This followed a $60 million Series C extension in October 2021 at $2 billion valuation and an initial $100 million Series C in March 2021. At the time, Aiven had grown its team to over 400 employees, up more than 65% since October 2021, with plans to double headcount in 2022. The funds were earmarked for international expansion into Asia-Pacific and Latin America beyond new hubs in Japan, Singapore, and New Zealand, developing new platform capabilities, potential acquisitions, and launching a global sustainability program to promote eco-friendly cloud applications. Eurazeo highlighted Aiven's rapid customer adoption and strong financial profile combined with sustainability commitments as key to its investment thesis. |
| Oct 2021 | Series C | IVP (lead); World Innovation Lab (lead); Illusian Group; Atomico | $60M | $2B | Aiven is a Finnish startup that provides a platform helping companies combine open source data technologies like Kafka, Cassandra, OpenSearch, and Grafana with public cloud infrastructure, while contributing back to those open source communities with dedicated engineering teams. In October 2021, Aiven announced a $60 million investment round, considered an extension of its prior $100 million Series C from March 2021, bringing total funding to $210 million. The round was co-led by World Innovation Lab and IVP, with participation from existing investor Atomico and Illusian Founder Office (aligned with listed investors). This October 2021 round valued Aiven at $2 billion post-money, a significant jump from the $800 million valuation in the March 2021 Series C led by Atomico with participation from World Innovation Lab, Earlybird Venture Capital, IVP, and Salesforce Ventures. At the time, Aiven reported strong traction with 700 customers across 50 countries and partnerships with ISVs to expand market reach. The company planned to remain private to continue independent growth, though future IPO considerations were noted. Aiven's growth trajectory continued post this round, with a larger Series D of $210 million in May 2022 led by Eurazeo, involving many of the same investors including Atomico, BlackRock, Earlybird, IVP, Salesforce Ventures, and WiL, pushing total funding over $420 million. |
| Mar 2021 | Series C | Atomico (lead); Salesforce Ventures; IVP; World Innovation Lab; Earlybird VC; Crew Capital | $100M | $800M | Aiven, a Helsinki-based open-source software company founded in 2016 by Oskari Saarenmaa, Mika Eloranta, Heikki Nousiainen, and Hannu Valtonen, provides fully managed open-source data technologies such as PostgreSQL, Apache Kafka, Cassandra, Elasticsearch, and M3 across major cloud platforms including AWS, Google Cloud, and Azure. The platform offers end-to-end security, setup, maintenance, and 24/7 monitoring, serving customers ranging from startups to enterprises like Comcast, Fiverr, Wolt, Decathlon, and OVO Energy. On March 23, 2021, Aiven raised $100 million in a Series C funding round led by Atomico, with new investments from Salesforce Ventures and World Innovation Lab, alongside increased commitments from existing backers Earlybird Venture Capital (Series A lead) and IVP (Series B lead). The round valued the company at over $800 million post-money, bringing total funding to approximately $150 million at that point. Proceeds were allocated to double headcount over the next year, launch a formal open-source program office, develop new service capabilities, expand into new markets, and increase contributions to the open-source community. This positioned Aiven to deepen its global presence and enhance its cloud-native data infrastructure offerings. A later Series C extension in October 2021 raised $60 million at a $2 billion valuation from World Innovation Lab, IVP, and Atomico, bringing the total Series C to $160 million and overall funding to $210 million, with plans for Asia-Pacific expansion including a Singapore office. |
| Jan 2020 | Series B | IVP (lead); Lifeline Ventures; First Fellow Partners; Earlybird VC | $40M | - | - |
| May 2019 | Series A | Earlybird VC (lead); Lifeline Ventures; First Fellow Partners | $9M | - | Aiven is a Finland-based provider of a managed open-source cloud data platform, offering data infrastructure services including Apache Kafka, PostgreSQL, and Apache Cassandra for over 400 customers worldwide such as Atlassian, Comcast, and OVO Energy. Founded in 2016 by Oskari Saarenmaa, Mika Eloranta, Heikki Nousiainen, and Hannu Valtonen, the company operates from Helsinki and Boston and holds ISO 27001 certification. In May 2019, Aiven completed a Series A funding round of €8M ($9M) led by Earlybird Venture Capital, with participation from Lifeline Ventures and Nokia chairman Risto Siilasmaa. Hendrik Brandis from Earlybird joined the board. The funds supported enhancements to the cloud data platform and international growth. This followed a $1M seed round in 2017 led by Lifeline Ventures. |
| Jun 2017 | Seed | Lifeline Ventures (lead) | $1M | - | - |
Who has invested in Aiven?
11 investors have backed Aiven across its funding rounds, including IVP, Earlybird VC, Atomico, Lifeline Ventures, World Innovation Lab and Salesforce Ventures.
Lead investors include Eurazeo, IVP, World Innovation Lab, Atomico, Earlybird VC and 1 other investor.
Aiven Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Jan 2020 | ||
| 4 | Lead | May 2019 | ||
| 3 | Lead | Jun 2017 | ||
| 3 | Lead | Mar 2021 | ||
| 3 | Lead | Mar 2021 | ||
| 2 | Participant | Mar 2021 | ||
| 2 | Participant | May 2019 | ||
| 1 | Participant | May 2022 | ||
| 1 | Lead | May 2022 | ||
This data is available for Pro users. Sign up to see all 11 Aiven investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Aiven
Aiven has acquired 4 companies to date.
Last acquisition by Aiven was on July 22nd 2026. Aiven acquired Flow AI for undisclosed valuation.
Latest Acquisitions by Aiven
| Description | Flow AI is a San Francisco-headquartered platform for testing and optimizing large language model applications. Developers evaluate prompts, responses, and agent behaviors through A/B testing frameworks and human-in-the-loop feedback loops. The service integrates with OpenAI, Anthropic, and Hugging Face models, providing metrics on accuracy, latency, and hallucination rates for production deployments. | EverSQL is a Tel Aviv-based SaaS platform using AI to optimize SQL database performance through query rewriting, indexing recommendations, and anomaly detection. Its agent monitors queries in real-time across MySQL, PostgreSQL, and Oracle environments, delivering insights that reduce execution times by up to 90% for enterprise clients. | Klaw is a Seattle-based governance platform introduced in 2021 for Apache Kafka ecosystems. It automates topic management, access controls, schema registry workflows, and full audit trails to minimize operational risks. The solution integrates with Confluent Cloud, AWS MSK, and AKS, enabling data teams at Fortune 500 companies to enforce policies across multi-cluster environments in North America and Asia. | Kafkawize is an open-source self-service data governance portal for Apache Kafka. It gives developers a web interface to request Kafka topics, access control lists, schemas and connectors, and gives Kafka administrators a role-based approval workflow with an audit trail in place of manual configuration management. Founded in 2018 in Amstelveen by Muralidhar Basani, it was a single-founder open-source project distributed under the Apache 2.0 licence with no commercial licence revenue, and was renamed Klaw after Aiven acquired it. |
| HQ Country | ||||
| HQ City | Helsinki | Petah Tikva | Amsterdam | Amstelveen |
| Deal Date | 22 Jul 2026 | 21 Nov 2023 | 29 Sep 2022 | 29 Sep 2022 |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed |
| EV/Revenue | ||||
| EV/EBITDA | ||||
This data is available for Pro users. Sign up to see all Aiven acquisitions and their M&A valuation multiples. Start Free Trial | ||||
Aiven Competitors
Aiven competitors include listed companies like Oracle Corp Japan and Nutanix, and private ones like Eon, Druva, Redis and WEKA.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $4B | - | ||
| Private | $100M | - | $2B | 20.0x | ||
| Private | $35M | - | $2B | - | ||
| Private | $100M | - | $1.6B | 16.0x | ||
| Publicly listed | $1.8B | $589M | $7.7B | 3.9x | ||
| Publicly listed | $2.5B | $230M | $19B | 6.2x |
Aiven Public Comps
Aiven is still privately-owned, but its public comps include Biprogy, Megaport, Sinnet Technology, ChronoScale, OVHcloud, Netweb Technologies India, Kingsoft Cloud, Teradata, Sinch and Dameng Database.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $2.8B | $389M | 1.1x | 1.1x | 8.2x | 7.9x | |||
| $222M | $15M | 12.3x | 9.9x | 181.8x | 32.6x | |||
| $1.1B | $72M | 3.5x | 3.6x | 51.4x | 18.4x | |||
| $72M | $21M | 42.5x | - | 147.6x | - | |||
| $1.2B | $474M | 3.5x | 3.3x | 9.2x | 8.2x | |||
| $228M | $30M | 12.3x | 9.0x | 92.4x | 67.4x | |||
| $1.4B | $414M | 2.2x | 1.8x | 7.5x | 5.8x | |||
| $1.7B | $285M | 1.4x | 1.5x | 8.4x | 5.3x | |||
This data is available for Pro users. Sign up to see all Aiven competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Aiven
| When was Aiven founded? | Aiven was founded in 2016. |
| Where is Aiven headquartered? | Aiven is headquartered in Helsinki, Finland. |
| Is Aiven publicly listed? | No, Aiven is a private, VC-backed company. |
| What is Aiven's valuation? | Aiven was last valued at $3B in its Series D in May 2022. |
| How much funding has Aiven raised? | Aiven has raised $420M across 6 funding rounds. |
| What was Aiven's last funding round? | Aiven's last funding round was a $210M Series D in May 2022, led by Eurazeo. |
| Who are Aiven's investors? | Aiven's investors include IVP, Earlybird VC, Lifeline Ventures, World Innovation Lab, Atomico, Salesforce Ventures, First Fellow Partners, BlackRock, Eurazeo, Illusian Group and 1 other. |
| What is Aiven's revenue? | Aiven's latest recorded revenue is $100M (May 2022). |
| What is Aiven's revenue multiple? | Aiven's latest valuation implies a 30.0x revenue multiple ($3B valuation on $100M of revenue). |
| Which companies are comparable to Aiven? | Companies comparable to Aiven include Eon, Druva, Redis, WEKA, Oracle Corp Japan and Nutanix. |
| How many companies has Aiven acquired? | Aiven has acquired 4 companies, including Flow AI, EverSQL, Klaw and Kafkawize. |
See companies similar to Aiven
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




