mongoDB
Financials
Estimates*
| USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 590m | 874m | 1.3b | 1.7b | 1.9b | 2.3b | 2.8b |
| % growth | 40 % | 48 % | 47 % | 31 % | 15 % | 17 % | 22 % |
| EBITDA | (185m) | (265m) | (317m) | (122m) | 205m | 282m | 408m |
| % EBITDA margin | (31 %) | (30 %) | (25 %) | (7 %) | 11 % | 12 % | 15 % |
| Profit | (267m) | (307m) | (345m) | (177m) | (287m) | (297m) | (206m) |
| % profit margin | (45 %) | (35 %) | (27 %) | (10 %) | (15 %) | (13 %) | (7 %) |
| EV / revenue | 37.7x | 30.2x | 11.0x | 16.7x | 10.5x | 8.9x | 7.2x |
| EV / EBITDA | -120.5x | -99.5x | -44.5x | -229.8x | 99.4x | 71.7x | 48.7x |
| R&D budget | 205m | 309m | 422m | 516m | - | - | - |
| R&D % of revenue | 35 % | 35 % | 33 % | 31 % | - | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$1.5m | Series A | ||
$3.4m | Series B | ||
$6.5m | Series C | ||
$20.0m | Series D | ||
$42.0m | Series E | ||
$7.7m | Series E | ||
$150m | Series F | ||
$80.0m Valuation: $1.6b | Series G | ||
N/A | - | ||
N/A | Secondary | ||
* | N/A | $192m Valuation: $1.6b | IPO |
N/A | Post IPO Equity | ||
| Total Funding | CAD424m | ||
Related Content
Recent News about mongoDB
EditMongoDB, Inc. (website: mongodb.com) is a leading provider of a modern database platform designed to empower developers and businesses to innovate quickly and efficiently. The company operates in the database management market, offering a flexible and scalable solution that caters to a wide range of clients, from startups to large enterprises. MongoDB's primary product is its developer data platform, which includes the MongoDB database, Atlas (a fully-managed cloud database service), and other integrated services.
MongoDB serves clients across various industries, including technology, finance, healthcare, and retail. These clients use MongoDB's platform to build applications that require high availability, data integrity, and robust security. The platform is particularly popular among developers for its flexible document data model, which allows for rapid iteration and deployment of applications.
The company's business model is based on a combination of subscription and usage-based pricing. Clients can choose between different tiers of service, from free trials to premium enterprise solutions. MongoDB makes money by charging for access to its cloud-based services (MongoDB Atlas), on-premises software licenses, and support and consulting services. This model ensures a steady stream of recurring revenue, which is attractive to investors.
MongoDB also invests heavily in fostering a diverse and inclusive workplace culture, which it believes is key to driving innovation and maintaining a competitive edge. The company is committed to creating an environment where employees from different backgrounds feel valued and can contribute their unique perspectives.
In summary, MongoDB is a dynamic player in the database management market, offering a powerful platform that helps businesses and developers bring their ideas to market faster. Its focus on flexibility, scalability, and security makes it a preferred choice for mission-critical applications.
Keywords: database, cloud, MongoDB Atlas, developers, scalability, security, innovation, subscription, enterprise, data platform.
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Investments by mongoDB
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