PeerDB builds a data-movement platform specialized for PostgreSQL, implementing techniques like parallel snapshotting, native Postgres data-type replication, and infrastructure cost optimizations. It offers open-source, a fully managed cloud service, and a self-hosted enterprise offering and targets use cases such as replication to Snowflake/BigQuery/ClickHouse, real-time streaming to Kafka and other queues, database migrations, HA/backups, and vector ETL for LLM workflows. The company claims up to 10x faster data movement and up to five times lower cost compared with incumbent ETL tools, and reports revenue is doubling every two months. Named customers include Harmonic AI (saved $80,000 yearly), Expedock (replicates 700M rows monthly to Snowflake with under one-minute latency), Fiber AI (real-time terabyte replication to ClickHouse), and Flatiron Health (migrated 35,000 tables to Snowflake in a week). Co-founders Sai Krishna Srirampur and Kaushik Iska, both IIIT Hyderabad alumni, previously worked at Citus Data/Microsoft Azure, Google, SafeGraph, and Palantir and emphasize deep Postgres expertise. PeerDB plans to use new funding to grow its engineering team, accelerate go-to-market and client acquisition, and extend its infrastructure to support mission-critical Postgres use cases at scale.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2024