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

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 Pitch Deck - Q2 2024 v9
By stevendeobald
Endb Pitch Deck - Q2 2024 v9
- 557