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MongoDB, Inc.

Modern database platform for developers and apps.

Updated April 2026

Overview

Founded
2007
Headquarters
New York, NY, United States
Segment
Data Platforms & Warehouses
Posture
Operational & Multi-Model DB

Product overview

MongoDB, Inc. provides a leading modern, general-purpose database platform that unleashes the power of software and data for developers building mission-critical applications. It offers products enabling multi-cloud database deployment, search experiences, and intelligent applications with GenAI. The company serves organizations across industries like financial services, telecom, healthcare, and retail.

Revenue model

Subscription-based cloud database services and enterprise licenses

Moat

MongoDB's key competitive moat is its dominant developer mindshare and architectural flexibility from the document-based data model, which supports dynamic schemas for structured/unstructured data, AI workloads, and vector search, commanding 22.3-31.7% NoSQL market share and over 10M weekly downloads. This is reinforced by high switching costs via Atlas (72% of revenue), integrated features like Queryable Encryption/SSPL licensing, and strong network effects, evidenced by 120% net dollar retention, 70%+ Fortune 100 adoption, and expansion in AI-native platforms.

Headwinds

Potential disruption from purpose-built AI-native databases as GenAI workloads become more specialized.