Materialize is a Streaming & Messaging company founded in 2019 and based in New York, United States. It has raised $100.5M in total funding, most recently a Series C in 2021.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Sep 30, 2021 | Series C | $60M | — | Redpoint Ventures |
| Nov 30, 2020 | Series B | $32M | — | Kleiner Perkins |
| Mar 1, 2019 |
| Series A |
| $8.5M |
| — |
| Lightspeed Venture Partners |
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A fully managed streaming SQL database that maintains incrementally updated materialized views over real-time data streams from Postgres, MySQL, Kafka, and Redpanda. Uses Timely Dataflow for incremental computation, keeping query results indexed in memory and updating them as new data arrives rather than re-scanning source data. Postgres wire-compatible, with strict serializability.
The core platform technology offering separation of storage and compute, active replication, horizontal scalability, and workload isolation through a SQL interface. Supports three primary patterns: Query Offload (CQRS) for complex read scaling, Integration Hub for multi-source ODS, and Operational Data Mesh for delivering consistent real-time data products. Targets financial services, e-commerce, and real-time operational analytics.
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