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

$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

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:

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

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