MongoDB

MongoDB provides database platforms that let businesses store and manage data without using traditional relational databases. Their flagship product, Atlas, is a cloud service that handles the infrastructure so customers can focus on building applications. They also sell Enterprise Advanced for companies that want to run MongoDB on their own servers or in hybrid environments.

MongoDB is a New York-based database software company that sells Atlas, a cloud-hosted database service, and Enterprise Advanced, an on-premises version for large businesses [Yahoo Finance]. The company is growing revenue at +22.8% year-over-year but is not yet profitable, with negative operating and net margins [Yahoo Finance]. Recent news coverage has focused heavily on MongoDB's positioning for AI workloads and whether the company can maintain its competitive edge as the database market evolves [Yahoo Finance].

MongoDB is growing quickly but burning cash to do it — the company is not yet profitable.