Confluent

Confluent

Confluent offers a streaming platform based on Apache Kafka that enables companies to easily access data as real-time streams. Learn more

Launch date
Employees
Market cap
$6.5b
Enterprise valuation
$5.7b (Public information from Sep 2024)
Company register number 09969949
Mountain View California (HQ & founding location)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2019202020212022202320242025
Revenues150m237m388m586m777m955m1.2b
% growth-58 %64 %51 %33 %23 %23 %
EBITDA(96.9m)(232m)(336m)(455m)(395m)--
% EBITDA margin(65 %)(98 %)(87 %)(78 %)(51 %)--
Profit(95.0m)(230m)(343m)(453m)(443m)--
% profit margin(63 %)(97 %)(88 %)(77 %)(57 %)--
R&D budget58.1m105m162m264m349m--
R&D % of revenue39 %45 %42 %45 %45 %--

Source: Dealroom estimates

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DateInvestorsAmountRound
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N/A

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*

N/A

Corporate spinout

$6.9m

Valuation: $26.0m

Series A

$24.0m

Valuation: $149m

Series B

$50.0m

Valuation: $500m

Series C

$125m

Valuation: $2.5b

Series D

N/A

Secondary
*

$250m

Valuation: $4.5b

30.0x EV/LTM Revenues

-46.4x EV/LTM EBITDA

Series E
N/A

$828m

Valuation: $11.4b

48.2x EV/LTM Revenues

-49.2x EV/LTM EBITDA

IPO
*
N/A

$1.0b

Post IPO Convertible
Total Funding$456m

Recent News about Confluent

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More about Confluentinfo icon
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Confluent, accessible via confluent.io, is a technology company specializing in data streaming solutions. It operates primarily in the enterprise software market, providing tools that help businesses manage and process real-time data streams. The company’s flagship product is based on Apache Kafka, an open-source platform designed for building real-time data pipelines and streaming applications.

Confluent serves a wide range of clients, including large enterprises, financial institutions, tech companies, and any organization that needs to process large volumes of data in real-time. These clients use Confluent's solutions to collect, process, and analyze data streams, enabling them to make faster and more informed decisions.

The company operates in the data management and analytics market, which is growing rapidly as businesses increasingly rely on real-time data to drive their operations. Confluent’s business model is primarily subscription-based, offering various tiers of service that provide different levels of access to its platform and tools. This model ensures a steady stream of recurring revenue, which is attractive to investors.

Confluent makes money by selling subscriptions to its cloud-based platform, Confluent Cloud, and through licensing fees for its on-premises software, Confluent Platform. Additionally, the company offers professional services, including training and consulting, to help clients implement and optimize their data streaming solutions.

In summary, Confluent is a key player in the data streaming market, providing essential tools for real-time data processing to a diverse client base. Its subscription-based business model and focus on Apache Kafka technology position it well for continued growth.

Keywords: Data Streaming, Real-Time Processing, Apache Kafka, Enterprise Software, Cloud Platform, Data Pipelines, Analytics, Subscription Model, Professional Services, Real-Time Data.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Confluent

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PipelineDB
ACQUISITION by Confluent May 2019
Immerok
ACQUISITION by Confluent Jan 2023
Warpstream
ACQUISITION by Confluent Sep 2024