DragonflyDB

Scalable In-Memory Datastore

Business Software
Private
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Company Overview

Snapshot

Founded in January 2022 by Oded Poncz and Roman Gershman, DragonflyDB operates with 11–50 employees. The company has successfully raised $21 million across two funding rounds from three investors, with Redpoint Ventures participating as a lead investor. A key milestone for the company was its graduation from the Deloitte Launchpad program in October 2025.

Business overview

DragonflyDB specializes in providing a high-performance distributed SQL database designed for large-scale data processing and analytics. Its core product, DragonflyDB, offers low-latency data storage and retrieval through a distributed architecture that enhances scalability and fault tolerance. The company serves markets requiring real-time analytics, time-series data, and applications demanding high throughput and low latency, operating within the Business Software sector, specifically focusing on IT, R&D & Data Solutions, and Data Architecture.

Strategic signal

In March 2023, DragonflyDB secured $21 million in funding, which it announced would be used to enhance its in-memory database, aiming for performance up to 25 times faster than Redis. This funding and strategic focus on performance optimization signal a strong commitment to addressing critical enterprise needs for efficient data handling and positions DragonflyDB as a significant player in the high-performance database market.

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Company Intelligence Q&A

When was DragonflyDB founded and by whom?
DragonflyDB was founded in January 2022 by Oded Poncz and Roman Gershman.
What was a significant corporate milestone for DragonflyDB?
DragonflyDB graduated from the Deloitte Launchpad program in October 2025, which is a corporate accelerator program.
How much capital has DragonflyDB raised in total?
DragonflyDB has raised a total of $21 million across two funding rounds.
Which investors participated in DragonflyDB's funding rounds?
DragonflyDB has received funding from investors including Redpoint Ventures and Quiet Capital.
What is DragonflyDB's core product offering?
DragonflyDB offers a high-performance distributed SQL database designed for large-scale data processing and analytics, emphasizing low latency and high availability.
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