MongoDB IPO
MongoDB is a leading modern database platform that provides a document-oriented NoSQL database system. The company serves enterprises looking to build scalable applications with flexible data models, competing against traditional relational databases and other NoSQL solutions.
Key Facts
| Industry | Database Software |
| Founded | 2007 |
| Headquarters | New York, NY |
| Employees | ~4,000 |
| Website | mongodb.com |
| Funding | Public since 2017. Raised $311M pre-IPO |
About MongoDB
MongoDB is a leading NoSQL database company that provides a document-oriented database platform designed for modern application development. The company's database uses a flexible, JSON-like document model that allows developers to store and query data more naturally than traditional relational databases, making it particularly popular for web applications, mobile apps, and real-time analytics. MongoDB went public in 2017 and has successfully transitioned from an open-source model to a hybrid approach with MongoDB Atlas, its fully managed cloud database service. The company has become a key infrastructure component for many digital transformation initiatives, competing effectively against both traditional database vendors and cloud-native alternatives by offering developer-friendly tools and global scalability.
IPO Status
MongoDB went public in October 2017 on NASDAQ under the ticker symbol MDB, raising approximately $192 million in its initial public offering. The company priced its shares at $24 per share, valuing the company at around $1.6 billion at the time of its IPO. Since going public, MongoDB has been a strong performer in the public markets, with its stock price appreciating significantly as the company has grown its customer base and expanded its Atlas cloud database service. The company has benefited from the broader shift toward cloud computing and modern application development practices that favor flexible, scalable database solutions.
Competitors
Frequently Asked Questions
Does MongoDB have a stock?
Yes, MongoDB completed its IPO in October 2017. The company went public on NASDAQ under the ticker symbol MDB.
When is the MongoDB IPO date?
MongoDB already had its IPO on October 19, 2017. The company has been publicly traded for several years now.
How can I buy MongoDB stock?
You can buy MongoDB stock through any brokerage account since it trades publicly on NASDAQ under the ticker MDB. The stock is available for purchase during regular market hours and after-hours trading.
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