TigerGraph Valuation, Funding & Investors
TigerGraph is valued at $8M as of November 2013.
Last TigerGraph valuation
$8M
Seed · Nov 2013
Last TigerGraph funding round
$105M
Series C · Feb 2021
Cumulative funding TigerGraph raised
$172M
across 5 funding rounds
Key investors in TigerGraph
AME Cloud Ventures
Qiming Venture Partners
DCVC
DHVC
Morado Ventures
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Farzad Nazem
About TigerGraph
TigerGraph is a Redwood City-based provider of a graph database and analytics platform for advanced analytics and machine learning on connected data, supporting use cases such as fraud detection, customer 360, IoT, and supply chain analysis. Its offerings include TigerGraphDB, TigerGraph Cloud on AWS, Azure, and Google Cloud, and GraphStudio for visual data modeling. Customers include Amgen, Citrix, Intuit, Jaguar Land Rover, UnitedHealth Group, Intel, Xilinx, and Accenture.
Founded
2012
HQ
United StatesWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$8M (Nov 2013)
TigerGraph Valuation
TigerGraph is currently valued at $8M, based on its seed round in November 2013.
The $3M round included AME Cloud Ventures, DHVC, 11.2 Capital, DCVC, Farzad Nazem and 2 other investors.
TigerGraph valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Nov 2013 | Seed | $8M |
TigerGraph Funding History
TigerGraph has raised a total of $172M across 5 funding rounds.
TigerGraph's first fundraising round was a $1M seed round in March 2013. The most recent completed round was a $105M Series C in February 2021.
TigerGraph funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2021 | Series C | Tiger Global (lead); Victor Koch | $105M | - | TigerGraph is a Redwood City-based provider of a leading graph database and analytics platform for advanced analytics and machine learning on connected data, supporting use cases like fraud detection, customer 360, IoT, AI, and supply chain analysis. Customers include Amgen, Citrix, Intuit, Jaguar Land Rover, UnitedHealth Group, Intel, Xilinx, and Accenture. The company offers TigerGraphDB, TigerGraph Cloud on AWS, Azure, and Google Cloud, and GraphStudio for visual data modeling. On February 17-22, 2021, TigerGraph raised $105 million in a Series C funding round led by Tiger Global, bringing total funding to over $170 million. This was announced as the largest funding round in the graph database and analytics market to date. Funds will support product innovation like multi-region cloud support, global expansion in Asia, Australia/New Zealand, and hiring across Americas, EMEA, and APAC. The company reported massive growth, more than doubling revenues and customers over the past year amid accelerated digital transformation during COVID-19. CEO Yu Xu told BizJournals that TigerGraph is on track to hit $100 million in revenue in 2021. TigerGraph positions itself as the graph database of choice for cloud workloads alongside Snowflake, Confluent, and Databricks, emphasizing scalable native graph technology over traditional relational joins. It has a fast-growing developer community and received high marks in analyst reports. The graph database market was estimated at $651 million, a small segment of the $46 billion total database market. |
| Sep 2019 | Series B | Susquehanna International Group (lead); Qiming Venture Partners | $32M | - | TigerGraph is a Redwood City, California-based graph analytics platform that enables analytics and machine learning on complex data sets from various sources, helping customers gain insights. It positions itself as an alternative to table-based data analytics methods and competes with companies like Neo4j, Dgraph Labs, and ArangoDB. Customers include Jaguar Land Rover, Citrix, Intuit, Amgen, UnitedHealth Group, JPMorgan Chase, and Microsoft. The September 2019 funding round was a $32 million Series B led by Susquehanna International Group, with participation from Qiming Venture Partners and others including DCVC and AME Cloud Ventures. This brought TigerGraph's total funding at the time to part of what later exceeded $170 million across multiple rounds. A later report around the 2021 $105 million Series C noted that in the past year (circa 2020-2021), the company more than doubled its revenue and customer count, accelerated by COVID-19-driven digital transformation in areas like supply chain, credit card processing, and marketing. Subsequent developments include a $105 million Series C led by Tiger Global Management in early 2021, pushing total funding over $170 million, and further Series D rounds up to 2025 totaling over $174 million from 22 investors. |
| Sep 2017 | Series A | Ant Group; Morado Ventures; AME Cloud Ventures; Qiming Venture Partners; Baidu; DHVC; China Growth Capital; Yunqi Partners; DCVC; Farzad Nazem | $31M | - | TigerGraph, a graph database company formerly known as GraphSQL, raised a $31 million Series A funding round in September 2017 from investors including AME Cloud Ventures, Ant Group, Baidu, China Growth Capital, DCVC, DHVC, Farzad Nazem, Morado Ventures, Qiming Venture Partners, and Yunqi Partners. The funding supported the launch of its first product, a native parallel graph database platform designed for high performance, claiming up to 100-fold improvements over competitors through native graph storage, parallel computation, compression, and scalability across multiple servers and cores. It positions itself ahead of 'graph 1.0' solutions like Neo4j by enabling analytics on hundreds of billions of nodes with real-time updates via techniques like virtual graph snapshots. Early customers included Alipay, handling over 100 billion vertices and 2 billion daily real-time updates, and Visa, using it for identifying impacts of failed virtual machines or microservices. The platform supports multiple data loading methods, including RESTful APIs, CSV/JSON mapping, and connectors to popular sources, with each vertex and edge serving as both storage and computational units. |
| Nov 2013 | Seed | AME Cloud Ventures; DHVC; 11.2 Capital; DCVC; Farzad Nazem; Eastlink Capital; Milliways Ventures | $3M | $8M | TigerGraph is an enterprise graph database and analytics platform founded by Yu Xu, Ph.D. in 2012, enabling organizations to analyze complex, highly connected data at scale. The company's technology supports use cases including fraud detection, customer analytics (customer 360), IoT applications, AI, and machine learning, with customers including major enterprises such as Amgen, Citrix, Intuit, Jaguar Land Rover, and JPMorgan Chase. In November 2013, TigerGraph completed a Seed funding round raising $2.5 million from a syndicate of investors including 11.2 Capital, AME Cloud Ventures, Beijing Daqi Fortune Investment Company, and other early backers. The round valued the company at $8.49 million post-money, reflecting its status as an early-stage venture-backed enterprise software company. The funding was deployed to develop TigerGraph's core graph database technology, which provides a fully-scalable alternative to traditional table-based data analysis methods. The company's architecture enables processing of tens of terabytes of data with billions of edges, addressing enterprise demand for handling increasingly complex and interconnected datasets during a period of accelerated digital transformation. |
| Mar 2013 | Seed | AME Cloud Ventures (lead); Morado Ventures | $1M | - | - |
Who has invested in TigerGraph?
16 investors have backed TigerGraph across its funding rounds, including AME Cloud Ventures, Qiming Venture Partners, DCVC, DHVC, Morado Ventures and Farzad Nazem.
Lead investors include Tiger Global, Susquehanna International Group and AME Cloud Ventures.
TigerGraph Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| San Francisco, CA | 3 | Lead | Mar 2013 | |
| San Francisco, CA | 2 | Participant | Mar 2013 | |
 Shanghai | 2 | Participant | Sep 2017 | |
| San Francisco, CA | 2 | Participant | Nov 2013 | |
| United States | 2 | Participant | Nov 2013 | |
| Farzad Nazem | San Francisco, CA | 2 | Participant | Nov 2013 |
| Hangzhou | 1 | Participant | Sep 2017 | |
 Hong Kong | 1 | Participant | Feb 2021 | |
| Beijing | 1 | Participant | Sep 2017 | |
| Beijing | 1 | Participant | Sep 2017 | |
| Shanghai | 1 | Participant | Sep 2017 | |
| Philadelphia, PA | 1 | Lead | Sep 2019 | |
| 11.2 Capital | United States | 1 | Participant | Nov 2013 |
This data is available for Pro users. Sign up to see all 16 TigerGraph 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 TrialTigerGraph Competitors
TigerGraph competitors include listed companies like Pointerra and Unith, and private ones like Zigtal, Pagedip, MarginFuel and Quantl AI.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Sydney | Private | - | - | $8M | - | |
| Boulder, CO | Private | - | - | $8M | - | |
 Wellington | Private | - | - | $8M | - | |
 Dubai | Private | - | - | $7M | - | |
| Australia | Publicly listed | $7M | ($1M) | $16M | 2.3x | |
 Netherlands | Publicly listed | $4M | ($2M) | $6M | - |
TigerGraph Public Comps
TigerGraph is still privately-owned, but its public comps include Next Technology Holding, RooLife Group, Unith, Tomer Food Combination, SpectrumOne, Ayfie International, Turnkey Capital, Nuvini, OODA AI and Helport AI.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $12M | - | - | - | - | - | |||
| $7M | ($2M) | 1.0x | - | (2.8x) | - | |||
| $4M | ($2M) | 2.0x | - | (3.3x) | - | |||
| - | - | - | - | - | - | |||
| $358K | ($703K) | 16.4x | - | (8.3x) | - | |||
| $1M | ($3M) | 6.8x | - | (3.5x) | - | |||
| - | - | - | - | - | - | |||
| $38M | ($3M) | 0.5x | 0.5x | (5.5x) | 3.1x | |||
This data is available for Pro users. Sign up to see all TigerGraph competitors and their valuation data. Start Free Trial | ||||||||
Common questions about TigerGraph
| When was TigerGraph founded? | TigerGraph was founded in 2012. |
| Where is TigerGraph headquartered? | TigerGraph is headquartered in United States. |
| Is TigerGraph publicly listed? | No, TigerGraph is a private, VC-backed company. |
| What is TigerGraph's valuation? | TigerGraph was last valued at $8M in its seed round in November 2013. |
| How much funding has TigerGraph raised? | TigerGraph has raised $172M across 5 funding rounds. |
| What was TigerGraph's last funding round? | TigerGraph's last funding round was a $105M Series C in February 2021, led by Tiger Global. |
| Who are TigerGraph's investors? | TigerGraph's investors include AME Cloud Ventures, Morado Ventures, Qiming Venture Partners, DHVC, DCVC, Farzad Nazem, Ant Group, Victor Koch, Baidu, China Growth Capital and 6 others. |
| Which companies are comparable to TigerGraph? | Companies comparable to TigerGraph include Zigtal, Pagedip, MarginFuel, Quantl AI, Pointerra and Unith. |
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