Why We Invested · Seedcamp
Why the firm invested
Seedcamp invested because QuestDB built an exceptional product while cultivating a vibrant open-source developer community.
We are therefore very excited to see that QuestDB has not only built an exceptional product but is also nurturing a vibrant open-source community.
Product
QuestDB is an open-source time-series database engineered from scratch for maximum speed and hardware efficiency.
QuestDB is a fast, open-source database for time-series data. Built from scratch with speed and efficiency as a priority, QuestDB puts the data as close to the hardware as possible.
QuestDB delivers best-in-class performance with a minimal footprint while using standard SQL instead of a bespoke language.
The team has indeed achieved the feat of combining best in class performance with an ultra-low footprint, while maintaining minimal complexity by using SQL rather than a bespoke language.
Team
QuestDB's founders offer complementary skillsets and deep expertise in low-latency trading systems developed over years of R&D.
When we met Vlad, Nic and Tanc, what truly impressed us was the complementarity of their skillsets, their deep expertise in low-latency trading systems and the years of R&D that had already gone into building from scratch a 10x better product.
Investment context
QuestDB raised a $2.3 million seed round from Episode 1, 7 percent Ventures, Y Combinator, Kima, Seedcamp, and angels.
This is why we are thrilled to congratulate them on their $2.3 million seed round, led by Episode 1 Ventures, 7 percent Ventures, Y Combinator, Kima Ventures and several angels.
What founders can learn
- What actually moved the decision: Seedcamp wrote that Seedcamp invested because QuestDB built an exceptional product while cultivating a vibrant open-source developer community.
- How the team was judged: Seedcamp wrote that QuestDB's founders offer complementary skillsets and deep expertise in low-latency trading systems developed over years of R&D.
Source and provenance
Why We Invested published by Seedcamp on seedcamp.com (first-party source). Read the original