Oxla is a high-performance distributed analytical database designed from the ground up for large-scale data processing. With 10 times faster analytical query execution speeds and up to 85% lower costs compared to data warehouses from Snowflake, Databricks, or ClickHouse, Oxla is ideally suited for data-intensive workloads across IoT, industrial applications, e-commerce, and cybersecurity. Uniquely, the product offers an outstanding developer experience (DX), by providing exceptional stability and predictable behavior for seamless integration.
Oxla‘s mission is to empower data engineers and data scientists by setting a new standard for efficiency in high–volume data processing. Developed in stealth mode since 2020, Oxla‘s foundation is deeply rooted in database science and research. In January 2024, the company’s analytical database became generally available, marking the beginning of customer acquisition. Now, with the product reaching enterprise software maturity, Oxla is poised to enter an aggressive commercialization stage.
Kacper Szcześniak, Co-Founder and CEO at Oxla, said: “In 2020, Adam Szymański (Founder and CTO, Oxla) approached me with the idea of building an entirely new analytical database, defying established beliefs about data infrastructure. Having known Adam from previous collaborations, I had no doubts about his technical genius or that he was onto something huge, so I decided to become one of Oxla‘s early investors and, later on, join the company. Fast forward to 2024, Oxla is now a 49-person team of exceptionally talented people, driving a product poised to disrupt the data infrastructure space.”
With the successful completion of its $11M seed funding round, Oxla has reinforced its status as a global company by completing its transition from a Polish domicile to US legal incorporation in Delaware, a strategic move aimed at strengthening its international presence and facilitating further growth.
Future Direction
Led by Google alumnus and three-time CTO Adam Szymański, Oxla‘s expert team of database scientists has secured three patents related to an innovative system for controlling data flow in query engines and the dynamic execution of those queries, with three more patents pending. These achievements underscore the team’s dedication to advancing the field of data processing.
As Oxla accelerates its commercialization, its reach has already expanded globally, with customers spanning four continents. In an era of increasing regulations on data processing and cross-border data transfers, Oxla is unique in offering not only fully managed and self-hosted cloud deployment options but also on-premises hosting, allowing customers to maintain full control over their data.
Oxla’s fully managed cloud offering is currently available on Amazon Web Services, with deployment options for Microsoft Azure and Google Cloud Platform in the final stages of development. Most notably, the team is working to scale the product’s performance even further, aiming to handle tens of petabytes of data and process hundreds of thousands of queries per second—capabilities that remain beyond the reach of competitor solutions. Looking ahead, Oxla’s goal is to create a comprehensive data platform by integrating existing analytics solutions and launching additional products.
Investor Perspectives
The global data analytics market, fueled by the exponential growth of data usage, was valued at approximately USD 57.76 billion in 2023, and is projected to reach USD 302.01 billion by 2030. Amid this rapid market expansion, Oxla is now emerging as a leader in high–volume data processing efficiency. Through its intensive R&D efforts, Oxla has built a considerable competitive advantage. Investors recognize its immense potential.
Schuster Tanger, Co-Founder and Co-Managing Partner at TQ Ventures, shared his enthusiasm for the partnership with Oxla: “Oxla empowers the rapidly growing universe of data engineers and data scientists that require high–volume data processing. The team’s formidable background, ambitious vision, and relentless execution give us confidence that their analytical database is going to shake up the data infrastructure space.”
Balázs Haszonics, CEO at Lead Ventures, emphasized the significance of Oxla‘s innovation: “Oxla is pioneering a new era in data warehousing. Participating in this $11M seed round, one of the largest in the CEE region in recent times, underscores our confidence in Oxla‘s vision and exceptional team. Their solution is set to become a new standard in the field, redefining how businesses manage and leverage data. Lead Ventures is committed to investing in transformative technologies, and Oxla‘s innovations perfectly align with our mission.”
Jan Nalbert, Investment Manager at Warsaw Equity Group, reflected on their early commitment to Oxla: “In April 2022, our first investment in Oxla was for a 10 member team and a product still in MVP stage. Then, Oxla’s impressive technological foundation, particularly in speed and efficiency, truly stood out. Trust in Adam and Kacper, and the product’s potential to disrupt the market, led us to back the company, even though earlier than our typical investment target. Now, Oxla has made remarkable progress, especially commercially. We are thrilled to participate in this investment round and continue supporting the project as it evolves.”
About Oxla
Oxla is a high-performance analytical database aiming to redefine large-scale analytical data processing. The company’s mission is to empower data engineers and data scientists by setting a new standard for efficiency in high–volume data environments. With a current headcount of 49, including 40 engineers, Oxla is preparing for a phase of rapid growth by expanding its sales and marketing teams.
About the Investors
About TQ Ventures
Based in New York City, TQ Ventures is a venture capital firm led by Schuster Tanger and Andrew Marks. The firm is generally agnostic on industry vertical and geography, and instead is business model-driven and prioritizes partnering with extraordinary founders across the software complex (B2B and B2C). Across our more than 80 global investments, we believe the differentiated support and networks we provide our founders has fuelled our reputation and in turn performance record. Founded in 2018, TQ has approximately $1 billion under management and is currently investing out of its third fund.
Lead Ventures is a venture capital and private equity firm based in Budapest, specializing in funding scale-ups in Central Europe.
Warsaw Equity Group is a Poland-based growth equity fund focused on scaling tech and tech-enabled B2B companies in Central and Eastern Europe.
4growth VC is a private VC fund specializing in investments in promising technology projects, particularly in the fintech, insurtech, and medtech sectors.
Source for market size: https://www.