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Dragonflydb

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Dragonfly - Scalable in-memory datastore made simple

Tel Aviv-Yafo, IsraelFounded 2022AI
Valuation $50–100M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Dragonflydb and the history behind them.

About Dragonflydb

DragonflyDB.io is a technology startup that offers a simple, efficient, and cost-effective in-memory data store. It operates in the cloud computing market, serving developers and businesses that require high-performance data storage solutions. The company's primary product, Dragonfly, is fully compatible with Redis APIs, a popular in-memory data structure store, but eliminates the management complexities associated with Redis.

Dragonfly's business model is based on providing a superior alternative to traditional in-memory data stores like Redis. It leverages modern cloud computing capabilities to deliver 25 times more throughput and 12 times lower snapshotting latency. This means that Dragonfly can process more data and create backups faster than its competitors, providing a real-time experience that meets customer expectations.

Dragonfly also stands out for its reliability and scalability. It efficiently uses memory, reducing the risk of outages due to memory overload. It supports a primary-replica model, ensuring high availability of data. In case of an outage, Dragonfly automatically switches to the replica, promoting it as the primary. This system can handle workloads up to 1TB on a single instance, eliminating the fragility of distributed clusters and improving system reliability.

The company monetizes its services by offering a free trial version and presumably charging for more advanced features or larger storage capacities. However, specific details about its pricing strategy are not publicly available.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2022
Headquarters
Tel Aviv-Yafo, Israel
Employees
39
Open positions
1
Dealroom signal
82.5/100
Industry
Hosting, Enterprise Software
Sector
AI
Technology
Artificial Intelligence
Business model
SaaS
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Mar 2023 $15M $60M Quiet Capital ↗
SUPPORT PROGRAM✓Other financing Nov 2022 — — Intel Ignite ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Dragonflydb website traffic

Latest recorded traffic for Dragonflydb is 69K monthly website visits, down 11.5% over the last three months. Dragonflydb's team grew 18.2% over the past year.

Latest monthly visits69K 3-month web change-11.5% 1-year team growth+18.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Series A1 investor entered at this stage

Other known investors3 additional known investors

  • Intel Ignite
  • Ameet Patel
  • Essence Venture Capital
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇺🇸 United States29.2%
🇮🇱 Israel25%
🇺🇦 Ukraine8.3%
🇭🇷 Croatia8.3%
🇮🇳 India8.3%
Top 5 of 8 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Dragonflydb on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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