About MongoDB
MongoDB offers a modern database platform that enables developers and businesses to build applications quickly and efficiently. Its main product is the MongoDB database, which features a flexible document data model, along with Atlas, a fully-managed cloud database service. Unlike its competitors, MongoDB focuses on flexibility and scalability, catering to both startups and large enterprises with a subscription and usage-based pricing model. The company's goal is to empower clients to bring their ideas to market faster while ensuring high availability, data integrity, and security.
New York City, New YorkHeadquarters
2007Year Founded
$302.6MTotal Funding
IPOCompany Stage
Data & Analytics, Enterprise SoftwareIndustries
5,001-10,000Employees
Benefits
Family Support Programs
Flexible PTO
Fertility and Adoption Assistance
Employee Affinity Groups
Transgender Benefits and Support
Mental Health
Wellness Events and Programs
Global Mobility
Risks
Increased competition from providers like Snowflake and Databricks.
Potential over-reliance on partnerships with major tech companies.
Rapid AI advancements may require significant investment to keep pace.
Differentiation
MongoDB offers a flexible document data model for rapid application development.
The company provides a fully-managed cloud database service, MongoDB Atlas.
MongoDB's platform is recognized for robust security and data integrity features.
Upsides
MongoDB's revenue grew 22% year-over-year in Q3 Fiscal 2025.
Partnership with Meta enhances AI model integration capabilities.
Named a Leader in 2024 Gartner Magic Quadrant for Cloud Database Management Systems.
Funding
Total raised$302.62 M
Latest valuation$1.57 B
StageIPO
IPO
9/30/2017$192
$1.57 BSERIES G
12/31/2014$80
$1.60 B$8
$38.50 MSERIES D
8/31/2011$20
$100.00 MSERIES C
11/30/2010$6
$32.50 MSERIES B
10/31/2009$3
$17.00 MSERIES A
6/30/2008$2
$7.50 M