Rapydo

Company Overview

Snapshot

Founded in April 2021 by Matan Nataf and Tal Tamir, Rapydo operates with 11–50 employees. The company has raised $7.5M across one funding round from three investors, with Avishag Bohbot leading the Seed round in June 2021.

Business overview

Rapydo is a cloud-based platform designed to enhance the performance and cost-efficiency of cloud SQL queries for SaaS companies. Its core technology leverages AI-based caching algorithms to automatically manage the cache, thereby reducing the load on databases and allowing DevOps teams to decrease database sizes. Rapydo's solution helps SaaS companies save resources and time by minimizing the need for constant troubleshooting of relational database management system (RDBMS) performance and scalability issues, allowing them to focus on higher-value activities. The company operates within the Business Software sector, specifically targeting enterprises with IT, R&D, and Data Solutions, focusing on Data Analysis & Decision Support and Cloud Data Storage.

Company Intelligence Q&A

When was Rapydo founded?

Rapydo was founded in April 2021.

Who are the founders of Rapydo?

Rapydo was founded by Matan Nataf and Tal Tamir.

How much capital has Rapydo raised to date?

Rapydo has raised a total of $7.5M.

What was Rapydo's most recent funding round?

Rapydo secured a Seed funding round in June 2021. The round was led by Avishag Bohbot and included participation from IBI Tech Fund.

What is Rapydo's primary business model?

Rapydo operates on a B2B business model, targeting enterprises.