Financials

Estimates*

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Revenues, earnings & profits over time
EUR2016201720182019202020212023
Revenues1.5m1.9m1.9m2.3m2.8m3.1m4.3m
% growth35 %20 %3 %18 %26 %10 %-
EBITDA<1m<1m(<1m)<1m<1m--
% EBITDA margin18 %8 %(4 %)11 %15 %--
Profit<1m<1m(<1m)<1m<1m--
% profit margin13 %3 %(6 %)8 %11 %--

Source: Dealroom estimates

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DateInvestorsAmountRound

N/A

Seed

€50.0k

Grant
Total Funding€50.0k

Recent News about Severalnines

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More about Severalninesinfo icon
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Severalnines is a technology startup that specializes in providing fully managed, high-availability, open-source database clusters. The company primarily serves operational teams within businesses that require robust, cloud-based database solutions. These clients often need better insight, control, and performance from their databases than what other popular cloud options can offer.

Severalnines operates in the cloud database management market, focusing on open-source databases like MySQL, PostgreSQL, and MariaDB. Their flagship product, CCX, is a Database-as-a-Service (DBaaS) platform built on ClusterControl. This platform simplifies the management of complex, clustered database environments, making it easier for businesses to deploy, monitor, and maintain high-performance databases.

The business model of Severalnines revolves around offering subscription-based services. Clients pay for access to the CCX platform, which includes features like automated deployment, performance monitoring, and advanced traffic control. The company also provides additional services such as VPC peering for enhanced security and ProxySQL for advanced database management capabilities.

Severalnines makes money by charging clients for these managed services, which help businesses reduce the time and resources spent on database management. By offering a high-availability solution, Severalnines ensures that their clients' applications run smoothly, thereby adding significant value.

In summary, Severalnines provides a comprehensive, managed database solution that helps businesses optimize their cloud-based, open-source databases for better performance and reliability.

Keywords: Managed Database, High Availability, Open Source, MySQL, PostgreSQL, MariaDB, Cloud Database, DBaaS, Performance Monitoring, ClusterControl.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.