
Nile
Free Postgres for modern SaaS.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
* | $11.6m | Seed | |
Total Funding | 000k |
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The Nile is an innovative company specializing in AI-native SaaS applications that leverage tenant-aware vector embeddings to enhance performance and efficiency. Operating in the software-as-a-service (SaaS) market, The Nile primarily serves developers and businesses looking to build high-performance applications. The company's business model revolves around providing a platform that integrates seamlessly with open-source pgvector for Postgres, allowing clients to store, index, and query embeddings efficiently. This approach not only improves operational simplicity but also ensures low latency and compliance by storing data closer to the application. The Nile generates revenue through subscription fees for its platform services, which include serverless Postgres deployments, global tenant database placements, and comprehensive data management solutions. Key design decisions, such as creating a new region in Europe and implementing seamless schema migrations, reflect the company's commitment to operational excellence and customer satisfaction.
Keywords: AI-native, SaaS, vector embeddings, Postgres, tenant-aware, low latency, compliance, serverless, global deployment, data management.