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- Tiger Data (creators of TimescaleDB)
Tiger Data (creators of TimescaleDB) Valuation, Funding & Investors
Tiger Data (creators of TimescaleDB) is valued at $1B as of February 2022.
Last Tiger Data (creators of TimescaleDB) valuation
$1B
Series C · Feb 2022
Last Tiger Data (creators of TimescaleDB) funding round
$110M
Series C · Feb 2022
Cumulative funding Tiger Data (creators of TimescaleDB) raised
$181M
across 5 funding rounds
Key investors in Tiger Data (creators of TimescaleDB)
New Enterprise Associates
Benchmark
Two Sigma Ventures
Icon Ventures
Redpoint
Tiger Global
About Tiger Data (creators of TimescaleDB)
Timescale is a New York-headquartered developer of TimescaleDB, an open-source time-series database built on PostgreSQL for handling events, metrics, and analytics workloads. Launched in 2018, the cloud-native platform enables scalable storage for IoT devices, monitoring systems, and financial data, serving global customers like Samsung, Dell, and Barclays with automated compression and continuous aggregates, supported by investors including Benchmark, NEA, and Tiger Global.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$1B (Feb 2022)
Tiger Data (creators of TimescaleDB) Valuation
Tiger Data (creators of TimescaleDB) is currently valued at $1B, based on its Series C in February 2022.
The $110M round was led by Tiger Global, with participation from Redpoint, New Enterprise Associates, Icon Ventures, Benchmark and Two Sigma Ventures.
Tiger Data (creators of TimescaleDB)'s valuation has grown 8.2x from $122M at its Series A in January 2019 to $1B in February 2022, across 2 priced rounds.
Tiger Data (creators of TimescaleDB) valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Feb 2022 | Series C | $1B |
| Jan 2019 | Series A | $122M |
Tiger Data (creators of TimescaleDB) Funding History
Tiger Data (creators of TimescaleDB) has raised a total of $181M across 5 funding rounds.
Tiger Data (creators of TimescaleDB)'s first fundraising round was a $4M seed round in January 2016. The most recent completed round was a $110M Series C in February 2022.
Tiger Data (creators of TimescaleDB) funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2022 | Series C | Tiger Global (lead); Redpoint; New Enterprise Associates; Icon Ventures; Benchmark; Two Sigma Ventures | $110M | $1B | Timescale, now known as Tiger Data and creators of TimescaleDB, is the developer of an open-source relational database for time-series data built on PostgreSQL and SQL standards. It addresses performance and scaling challenges for time-series workloads, outperforming general-purpose databases like MongoDB and specialized ones like InfluxDB, while offering full relational capabilities. The company provides both self-managed open-source deployments and a fully managed cloud service on AWS, serving applications in industrial data analysis, monitoring, financial risk management, and more. On February 22, 2022, Timescale announced a $110 million Series C funding round led by Tiger Global, with participation from existing investors Benchmark, Icon Ventures, New Enterprise Associates, Redpoint Ventures, and Two Sigma Ventures. This brought total funding to over $180 million and valued the company at over $1 billion, marking unicorn status. The round followed a $40 million Series B in 2021 and earlier seed and Series A rounds since 2018. At the time of the Series C, Timescale reported strong traction including 7x community growth and 20x revenue growth over the past two years, with over 500 paying customers and tens of thousands of community users running over 2 million monthly active databases. The funding aimed to fuel growth in product development, cloud services like Promscale for observability, and expansion of its remote-first team then at 100+ members across 20+ countries. Timescale positioned itself at the intersection of time-series data, PostgreSQL, and SQL trends, emphasizing developer focus and open-source community. By later years, it rebranded to Tiger Data, grew to 2,000 customers with mid 8-digit ARR growing over 100% YoY, 60%+ gross margins, and 200 employees, but these metrics post-date the 2022 round. |
| May 2021 | Series B | Redpoint (lead); New Enterprise Associates; Icon Ventures; Benchmark; Two Sigma Ventures | $40M | - | Timescale Inc. (creators of TimescaleDB) is a time-series database company built on PostgreSQL, headquartered in New York and founded in 2015. The company provides both an open-source free version and a managed cloud service with automated maintenance. On May 5, 2021, Timescale announced a $40 million Series B funding round led by Redpoint Ventures with participation from existing investors Benchmark, New Enterprise Associates, Icon Ventures, and Two Sigma Ventures, bringing total funding to approximately $70 million at that time. The company was running more than 2 million active databases across free and paid users worldwide. Later, in February 2022, Timescale raised $110 million in Series C led by Tiger Global at a valuation exceeding $1 billion, with 20x revenue growth and 7x community growth reported over the prior two years. |
| Jan 2019 | Series A | Icon Ventures (lead); New Enterprise Associates; Benchmark; Two Sigma Ventures | $15M | $122M | Tiger Data, operating as Timescale and creators of TimescaleDB, develops an open-source time-series SQL database built on PostgreSQL for high-speed data ingestion, real-time analytics, and complex queries. The platform powers mission-critical applications in industrial IoT, IT monitoring, financial systems, metrics, and geospatial tracking for customers including Altair, Charter, Comcast, Cray, Hexagon Mining, LAIKA, Nutanix, SoFi, Transferwise, LaunchDarkly, and Consensys. On January 29, 2019, Timescale raised $15 million in a Series A1 round led by Icon Ventures, with participation from Benchmark, New Enterprise Associates, and Two Sigma Ventures. This brought total funding to over $31 million. The post-money valuation stood at $122.44 million. The funding supported development of foundational time-series database technology and introduction of an enterprise offering, scaling operations and strengthening the database's feature set amid rapid adoption one year after initial Series A. |
| Jan 2018 | Series A | Benchmark (lead); Steve Mullaney; Matthew Prince; Michael Walrath; New Enterprise Associates; Jonah Goodhart; Craig Barratt; Company Ventures; Spencer Kimball; Rob Bearden; Two Sigma Ventures | $12M | - | Timescale is the creator of TimescaleDB, an open-source relational database purpose-built for time-series data on PostgreSQL. The platform addresses the challenge of storing, analyzing, and measuring time-series data at scale, targeting developers and enterprises across industries including manufacturing, finance, telecom, and IoT. In January 2018, Timescale announced a $12.4 million Series A financing round led by Benchmark, with participation from New Enterprise Associates (NEA), Two Sigma Ventures, and prominent angels. This followed a $3.7 million seed round from NEA in January 2016. The Series A funding supported rapid team expansion, growing the company from its initial workforce to triple the headcount, and accelerated product development across a distributed global team. By nine months after TimescaleDB's launch, the platform had achieved over 100,000 downloads and early traction with mission-critical deployments across major enterprises including one of the largest American telecom companies, a top financial services firm, and companies in utilities, oil & gas, mining, and other sectors. The company demonstrated strong product-market fit with customers adopting TimescaleDB for industrial data analysis, monitoring systems, operational data warehousing, financial risk management, and geospatial asset tracking. The company later went on to raise a $40 million Series B in May 2021 and a $110 million Series C in February 2022 at a $1 billion valuation. |
| Jan 2016 | Seed | New Enterprise Associates (lead) | $4M | - | Tiger Data, creators of TimescaleDB, raised a previously unannounced $3.7M seed financing led by New Enterprise Associates. This seed round combined with a later $12.4M Series A led by Benchmark and participation from NEA, Two Sigma Ventures, and angels brought total funding over $16M. TimescaleDB, a time-series database extension for PostgreSQL, launched in April prior to the Series A announcement and achieved rapid adoption with over 100,000 downloads in nine months. Businesses deployed it for mission-critical applications in industrial data analysis, monitoring, financial risk management, and more across industries like telecom, finance, manufacturing, and oil & gas. |
Who has invested in Tiger Data (creators of TimescaleDB)?
14 investors have backed Tiger Data (creators of TimescaleDB) across its funding rounds, including New Enterprise Associates, Benchmark, Two Sigma Ventures, Icon Ventures, Redpoint and Tiger Global.
Lead investors include Tiger Global, Redpoint, Icon Ventures, Benchmark and New Enterprise Associates.
Tiger Data (creators of TimescaleDB) Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 5 | Lead | Jan 2016 | ||
| 4 | Lead | Jan 2018 | ||
| 4 | Participant | Jan 2018 | ||
| 3 | Lead | Jan 2019 | ||
| 2 | Lead | May 2021 | ||
| 1 | Participant | Jan 2018 | ||
| 1 | Participant | Jan 2018 | ||
| 1 | Participant | Jan 2018 | ||
| 1 | Participant | Jan 2018 | ||
| 1 | Participant | Jan 2018 | ||
| 1 | Lead | Feb 2022 | ||
| 1 | Participant | Jan 2018 | ||
This data is available for Pro users. Sign up to see all 14 Tiger Data (creators of TimescaleDB) 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 Tiger Data (creators of TimescaleDB)
Tiger Data (creators of TimescaleDB) has acquired 1 company to date.
Last acquisition by Tiger Data (creators of TimescaleDB) was on April 4th 2024. Tiger Data (creators of TimescaleDB) acquired PopSQL for undisclosed valuation.
Latest Acquisitions by Tiger Data (creators of TimescaleDB)
| Description | PopSQL is a San Francisco-based collaborative SQL editor serving data analysts, product managers, customer success teams, and operations professionals. Founded in 2017, the platform streamlines query writing, sharing, and visualization across organizations. |
| HQ Country | |
| HQ City | San Francisco, CA |
| Deal Date | 4 Apr 2024 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Tiger Data (creators of TimescaleDB) acquisitions and their M&A valuation multiples. Start Free Trial | |
Tiger Data (creators of TimescaleDB) Competitors
Tiger Data (creators of TimescaleDB) competitors include listed companies like MongoDB and Datadog, and private ones like LangChain, Snorkel AI, Astronomer and Cyberhaven.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $12M | - | $1.3B | 104.2x | ||
| Private | $20M | - | $1.3B | 65.0x | ||
| Publicly listed | $2.5B | ($104M) | $31B | 10.1x | ||
| Publicly listed | $3.4B | ($588K) | $83B | 18.9x | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - |
Tiger Data (creators of TimescaleDB) Public Comps
Tiger Data (creators of TimescaleDB) is still privately-owned, but its public comps include Qt Group, e-Hualu, Horizon Quantum, Hanwang Technology Co, Zhongfu Information, BTQ Technologies, Progress Software, Insyde Software, C3.ai and TRS Information Technology.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $249M | $62M | 4.2x | 3.9x | 17.0x | 15.8x | |||
| $69M | ($310M) | 24.2x | - | (5.4x) | - | |||
| $269K | ($5M) | 2289.8x | - | (125.3x) | (32.9x) | |||
| $282M | ($14M) | 2.2x | - | (44.3x) | - | |||
| $108M | $1M | 3.5x | 2.7x | 366.4x | - | |||
| $226K | ($18M) | 1734.6x | 268.1x | (22.0x) | - | |||
| $978M | $302M | 2.9x | 2.9x | 9.5x | 7.3x | |||
| $53M | $14M | 5.6x | 5.5x | 20.6x | 20.6x | |||
This data is available for Pro users. Sign up to see all Tiger Data (creators of TimescaleDB) competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Tiger Data (creators of TimescaleDB)
| When was Tiger Data (creators of TimescaleDB) founded? | Tiger Data (creators of TimescaleDB) was founded in 2015. |
| Where is Tiger Data (creators of TimescaleDB) headquartered? | Tiger Data (creators of TimescaleDB) is headquartered in New York City, NY, United States. |
| Is Tiger Data (creators of TimescaleDB) publicly listed? | No, Tiger Data (creators of TimescaleDB) is a private, VC-backed company. |
| What is Tiger Data (creators of TimescaleDB)'s valuation? | Tiger Data (creators of TimescaleDB) was last valued at $1B in its Series C in February 2022. |
| How much funding has Tiger Data (creators of TimescaleDB) raised? | Tiger Data (creators of TimescaleDB) has raised $181M across 5 funding rounds. |
| What was Tiger Data (creators of TimescaleDB)'s last funding round? | Tiger Data (creators of TimescaleDB)'s last funding round was a $110M Series C in February 2022, led by Tiger Global. |
| Who are Tiger Data (creators of TimescaleDB)'s investors? | Tiger Data (creators of TimescaleDB)'s investors include New Enterprise Associates, Benchmark, Two Sigma Ventures, Icon Ventures, Redpoint, Steve Mullaney, Matthew Prince, Michael Walrath, Jonah Goodhart, Craig Barratt and 4 others. |
| Which companies are comparable to Tiger Data (creators of TimescaleDB)? | Companies comparable to Tiger Data (creators of TimescaleDB) include LangChain, Snorkel AI, MongoDB, Datadog, Astronomer and Cyberhaven. |
| How many companies has Tiger Data (creators of TimescaleDB) acquired? | Tiger Data (creators of TimescaleDB) has acquired 1 company, including PopSQL. |
See companies similar to Tiger Data (creators of TimescaleDB)
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