TigerBeetle

TigerBeetle

Open-source, high-performance database designed specifically for financial accounting. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$96—144m (Dealroom.co estimates Jun 2024.)
San Francisco California (HQ)
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DateInvestorsAmountRound
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$6.4m

Seed
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$24.0m

Series A
Total Funding$30.4m

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TigerBeetle is a cutting-edge technology company specializing in high-performance payments infrastructure. The company serves financial institutions and businesses that require reliable and fast transaction processing. Operating in the financial technology (fintech) market, TigerBeetle offers a robust system that ensures debits and credits are processed with orders of magnitude more performance than traditional in-memory databases. The business model is centered around providing an open-source solution under the Apache 2.0 License, with plans for monetization through premium features and enterprise support.

TigerBeetle's core product is designed to handle high transaction volumes with minimal latency, leveraging advanced technologies such as zero deserialization, Direct I/O, and io_uring. This results in a system that not only reduces operational costs but also provides a large margin of safety to absorb unexpected spikes in demand. The company ensures strict serializability and protocol-aware recovery from corruption and latency spikes, making it a reliable choice for mission-critical financial operations.

The production release of TigerBeetle is slated for 2022, following extensive automated testing and audits. The company aims to provide a seamless and efficient payments infrastructure that can withstand even the toughest storage fault models, ensuring continuous and predictable performance.

Keywords: high-performance, payments infrastructure, fintech, zero deserialization, Direct I/O, io_uring, strict serializability, protocol-aware recovery, open-source, Apache 2.0.