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Feldera

Incremental view maintenance engine for SQL
Feldera builds what it calls the first enterprise-ready incremental view maintenance (IVM) engine: it converts arbitrary SQL programs into incremental programs that compute only over the data that changed, so cost scales with the size of the change rather than the size of the dataset. It is built on DBSP (Database Stream Processing), the award-winning research framework the founding team created inside VMware Research, which gives a mathematical guarantee that incremental results match a full recomputation. The company reports customers cutting warehouse compute bills by 95% or more and bringing view freshness down from hours or days to seconds, plugging into existing warehouses and lakehouses without rewrites. Production uses include real-time fraud detection, large-scale logistics views and fine-grained authorization for AI agents — Auth0 uses it to precompute more than 7 billion permission checks. Founded in 2023 in San Francisco by five former VMware researchers with over 200 published papers between them.
Database Software 📍 San Francisco, CA Founded 2023
Current Valuation
Private
PRIVATE

IPO Outlookprivate

Is Feldera going public?
No. Feldera is private and has not filed to go public. There is no S-1 on file.
What is Feldera's valuation in 2026?
No confirmed valuation is on record for Feldera. The roster shows funding and investors where they are public; it does not estimate a mark.
Has Feldera filed an S-1?
No public S-1 is on file for Feldera.
Who are Feldera's investors?
Feldera's investors include Inovia Capital, Costanoa Ventures, Battery Ventures.
How much has Feldera raised?
Feldera has raised $21.5M in total across 2 disclosed rounds, most recently a Series A in Sep 2026.
Is Feldera publicly traded — can you buy Feldera stock?
No. Feldera is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Feldera on its Pre-IPO Access Desk.
How to actually get exposure to Feldera →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Lalith Suresh
Founded
2023
HQ
San Francisco, CA
Total Raised
$21.5M
IPO Status
private

Fundraising Status

Series A · this month
privateTotal raised $21.5M2 disclosed rounds

Funding History

RoundAmountDateLead InvestorPost-Money
Series ASep 2026Inovia Capital
SeedCostanoa Ventures

Talent Signal

Hiring data for Feldera has not been collected yet — the monthly talent sweep hasn't reached this company. Check back soon.

Founders & Key People

Lalith SureshLeonid RyzhykMihai BudiuBen PfaffGerd Zellweger

Investors

Inovia Capital · Costanoa Ventures · Battery Ventures

Products

  • Feldera incremental view maintenance engine
  • Managed/enterprise Feldera platform
  • DBSP runtime

Competitors

materialize · risingwave · clickhouse · databricks
DatabaseData InfrastructureSQLIncremental ComputationDeveloper ToolsEnterprise Software
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of recent date. Refreshed quarterly.