Steven Deobald, CEO
Håkan Råberg, CTO

Proposition
Endatabas is a
SQL Document Database
with Full History
"Never write your own database."
...so why did we?

Problem
A landscape of splintered and scattered data tools, compounding costs, and employee time wasted








































It Can't Last
"But industry insiders don't expect this period of free-flowing cash, sky-high valuations and a litany of vendors to last.
Instead, they expect a wave of consolidation within the next decade"








































What
Goes Around
Comes Around
"there are only a few basic data modeling ideas, and most have been around a long time."

Mike Stonebraker



Start Simple
"a relational database will get you pretty far
...
relational and document databases are more or less converging
...
they allow you to evolve things easily"
Martin Kleppmann


$5000
Confluent Cloud
Event streaming, as a source of truth.
$2000
DynamoDB
1TB of storage, transactional workloads, and CDC
$1000
Aurora
1TB of storage, reserved 1x writer, 3x read replicas, backup
$12,000
/mo
$4000
Redshift
Standard configuration, 1 node, 24 months of storage
small
team
costs

Customer Pain
Every company wastes
money, time, and people
on data products.
- Financial Services
- Healthcare
- Pharmaceuticals
- e-Commerce
- Insurance
- Education
- Media & Entertainment
- Legal
- Government
- Academia
- CxO
- SRE
- Developer
- Data Engineer
- Data Scientist
- DBA










In the 2020s, many data architectures feel like a 5-car garage.

Solution
Simplicity: One Database

Architecture
- Immutable data
- Time travel
- GDPR-compliance











Full History
- Dynamic columnar storage
- Separated storage / compute
- Adaptive indexes
SQL Document DB



UX / DX
A ground-up database allows the opportunity to build a familiar SQL built on SQLite — with power tools
-> INSERT INTO users (name) VALUES ("Tom")
-> INSERT INTO users {name: "Joseph"}
-> UPDATE users SET role = 'admin'
WHERE id = '99bede7'
-> SELECT * FROM sales
FOR SYSTEM_TIME AS OF 2007-12-07T00:00:00
-> ERASE FROM accounts WHERE id = '4c69a89'
-> SELECT * FROM customers
WHERE addresses..city = 'Stockholm'
-> SELECT AVG(price) FROM black_friday_sales
Immutable documents
...plain old SQL or convenience syntax
Non-destructive updates
("the database is the log")
Time travel
Native GDPR-compliance
Dynamic SQL
Columnar computation




Telemetry-based Debugging
Example GTM Use Cases
Reified Event Streams
OLTP Append-Only Time-Travel

Exploratory Analytics Queries

Warehousing Disparate Schemas









documents

columnar
analytics

time-travel
analytics


transforms

immutable
events
separated
storage and
compute

AI-enhanced
indexes

SQL

SQL UX / DX

2023
After 14 months of development, Endatabas has a fully-functional core:
github.com/endatabas/endb
Benchmarks:
- SQL Logic Test
- SQL Acid Test (81%)
- TPC-H
- TPC-C (wip)


Downsizing: Many people would be happier with a Volvo 240 wagon.

Market
TAM = $80B+
$38b
2017
16% CAGR
- Gartner
$80b
2022
"unprecedented growth"
- Gartner
$262b
2030 - DBMS Market
Projected
DBMS
market growth
$472b
2030 - Cloud Storage Market
23.4% CAGR
- Fortune Business Insights
Customers want:
- a simpler product
- replace NoSQL stores with a SQL-native store
- integrate legacy schemas into one store
Everything in one place:
- immutable data in the large
- infinite storage
- HTAP
- start with small customers ($12,000/mo) who want to consolidate products
- dynamic SQL enables small teams in large corporations
- grow into medium-sized ($50,000/mo) who want HTAP and adaptive indexes
- leverage ground-up build to compete with Oracle, AWS before 2030
- "One Database" means users (developers, data scientists, etc.) stay in the product longer
- SaaS helps us grow the product in new ways:
AI for adaptive indexes benefits from more data
- we sell the dream of Aurora, but actually help customers manage costs instead of becoming a new burden
Growth
MOA
Position
The time is right.
Start small and accessible.
Grow "One Database".
Win against largest players.
Sell Simplicity.
Our
Competitors
- Aurora, Neon (Postgres)
- MongoDB, Neo4j, Cosmos
- InfluxDB, Materialize
- Firebase, Fauna
- Snowflake, SingleStore
Not Our
Competitors
- Spanner, Cockroach
- ClickHouse
- Elastic
- VoltDB
- dbt
Competitors
- Aurora, Neon (Postgres)
- MongoDB, Neo4j, Cosmos
- InfluxDB, Materialize
- Firebase, Fauna
- Snowflake, SingleStore
Defensibility
- not just "another Postgres"
- SQL-native (not ad-hoc QL)
- time in the DB, not 2nd tool
- SQL+HTTP (not ad-hoc APIs)
- open source
A ground-up database started now wins in 2030.
- AGPL-3.0 - "Ultra Restrictive Copyleft"
- deep tech understanding
- deep market understanding
- dynamic SQL (early sales)
- HTAP (growth)
Why Endatabas Wins

Pricing
SaaS first
- simple pricing
- bundle compute + object storage into unit
- easier to start
- easier to grow
On-prem second
- $100,000/yr minimum
- support cannot be a consulting burden
Growth Loop
We live or die by early MRR
"Come for one pillar, stay for the others." - Håkan
Easy start, dynamic SQL, exploratory queries
Infinite storage,
temporal query
Cheap read replicas
In-place Analytics
Become the default home for data
Customer wants to replace existing tools
Customer is happy with us as replacement
Growth Loop
"Come for one pillar, stay for the others." - Håkan
Easy start, dynamic SQL, exploratory queries
Infinite storage,
temporal query
Cheap read replicas
In-place Analytics
Endb becomes the default home for data
Customer wants to replace existing tools
Customer is happy with us as replacement
f/oss
- analytics over valuable Endb data
- time-travel a major use case
- build apps on Endb
on-prem
- integration DB
- "cheap glue"
- consolidate schemas
- generate reports
on-prem
- reifying events
(ingest Kafka, CDC) - creating a timeline
- become a platform
SaaS
SaaS
- ad-hoc usage
- exploratory queries
- low barrier to entry
- dev tool, nice UX
Customer Adoption Journey
(Example)

Investment
Fund the Post-Postgres database today

$3m to $80b
2024
- find $3m USD seed
- hire 1-3 engineers
- pay for cloud infra
Exit Strategies
- Large vendor M&A: Oracle, Microsoft, IBM
- Service vendor M&A: Amazon, Google
- IPO as early Third Wave Commercial Open Source
2023
- build out HTAP to claim OLAP marketshare
- endb in all 4 major clouds
- hire sales team
2024
- hire 2nd engineer
- polish client UX
- adaptive indexes
- build DBaaS
- acquire initial customers
2025
- hire 3rd engineer
- hire DevRel
- attend conferences
- harden core
- endb multi-node
2026
2027
- bootstrap
- test our willpower
- build fully-functional core product
Investment
Timeline

Team
6 years of R&D
20 years of discovery

6 Years R&D
Decades of distributed systems development,
years of database research,
and three predecessors:
- Bank risk data lake
(2017) - XTDB 1.x Datalog Engine
(2018 - 2020) - XTDB 2.x SQL Engine
(2021 - 2022) - Endatabas
(2023 - )

Founding Team


Steven Deobald
CEO
Håkan Råberg
CTO



Appendix



"0 to $60 in under 10 seconds"
"boot-to-kill in under 1 minute"
- simple UX
- beautiful error messages
- easy, readable docs
- SQL is table stakes
- open source is table stakes
- OLTP to OLAP under 1 minute
Boot-to-Query
in under 1 minute
Vision
repeat everywhere:

Vision
Boot-to-Query

Technology
- Rust <=> Common Lisp
- SBCL Dynamic Runtime
- Apache Arrow
- HTTP + WebSocket APIs
- SQL Logic Test (SQLite)
- SQL Acid Test
- TPC-H, TPC-C

Future
Possibilities
- Vector Indexes
- Full-Text Search
- SQL:2023 (PGQ)
- Bitemporal Indexes
Risks
- Limited exposure / surface area
Responses
- Start with non-business-critical and semi-structured data use cases @ F&F
- Limited operating history
- Decades of running SaaS, businesses, and teams
- Limited capital
- Hence the raise

Risks


documents

columnar
analytics

time-travel
analytics


transforms

immutable
events
separated
storage and
compute

AI-enhanced
indexes

SQL

SQL UX / DX
Questions?
Endb Deck
By stevendeobald
Endb Deck
- 374