The Company
Confluent, Inc. is a technology company that designs and develops a data platform to help organizations harness business value from streaming data. Founded in 2014 by the original creators of Apache Kafka, Confluent offers solutions such as micro-services, Internet of Things (IoT), financial services, fraud detection, customer 360, Azure hybrid streaming, and industry solutions. The company’s offerings include the Confluent Platform, an on-premise solution, and the Confluent Cloud, a fully managed Software as a Service (SaaS).
Financials
TAM / CAGR
Confluent operates in a large and rapidly expanding total addressable market (TAM), estimated to reach $100 billion by 2025.
Customers
Confluent serves a diverse range of industries, including financial services, retail, healthcare, and technology. Notable customers include Walmart, eBay, Citigroup, and OpenAI.
Competitors
Confluent faces competition from several companies offering data streaming and real-time processing solutions. Top competitors include:
- Apache Kafka: An open-source stream-processing software platform developed by the Apache Software Foundation.
- Amazon Kinesis: A platform on AWS to collect, process, and analyze real-time, streaming data.
- Google Cloud Pub/Sub: A messaging service for exchanging event data among applications and services on Google Cloud.
Main Investors
Confluent has attracted investments from several prominent venture capital firms. The main investors are as follows:
| Investor |
|---|
| Benchmark |
| Sequoia Capital |
| Index Ventures |
Founding History
Confluent was founded in 2014 by Jay Kreps, Neha Narkhede, and Jun Rao, who were the original creators of Apache Kafka at LinkedIn. Recognizing the potential of Kafka to transform how organizations handle real-time data, they established Confluent to build a streaming platform that could be widely adopted across industries. Since its founding, Confluent has grown significantly, becoming a leading provider of data streaming solutions.
Invest Alpha 