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After Las Vegas CES ElephantSqlDB® Opens $46M Pre-IPO Round Following $143M Enterprise Pipeline

NVIDIA Inception Partner Reports $143M in Active POCs Following August Platform Launch; Targets NASDAQ Listing Within 12 Months

AUSTIN, Texas--(BUSINESS WIRE)--ElephantSqlDB, Inc., a NVIDIA Inception partner that announced the general availability of its quantum-augmented database platform on August 5, 2025, today opened a pre-IPO investment round to verified accredited investors. Since the platform launch, the Company has secured $143 million in active proof-of-concept engagements and closed a $3 million institutional funding round, positioning it for a planned NASDAQ listing within 12 months.

. "Combined with $143 million in active proof-of-concept engagements, we have the technology validation and market traction to accelerate our path to public markets," said Cedric Harris, CEO of ElephantSqlDB, Inc.

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INVESTMENT HIGHLIGHTS

NVIDIA Inception Partner • $46M Post-Money Valuation • $43M IP Valuation • $143M in Active POCs

ElephantSqlDB® has developed a breakthrough database architecture that delivers asymptotic O(1) query performance—constant-time responses regardless of data volume. The Company's intellectual property has been independently appraised at $43 million, providing investors with tangible asset-backed value.

"Being selected as a NVIDIA Inception partner validates our technical approach and opens doors to enterprise customers who are building AI-first infrastructure," said Cedric Harris, CEO of ElephantSqlDB, Inc. "Combined with $143 million in active proof-of-concept engagements, we have the technology validation and market traction to accelerate our path to public markets."

NVIDIA Inception Partnership

ElephantSqlDB® has been selected as a NVIDIA Inception partner, joining an elite network of cutting-edge startups transforming industries with advances in AI and data science. The Inception program provides ElephantSqlDB® with access to NVIDIA's technical resources, expertise, and go-to-market support, accelerating the Company's development of GPU-optimized database capabilities.

Proof-of-Concept Momentum

Since the platform's general availability announcement, ElephantSqlDB® has onboarded enterprise customers into active proof-of-concept engagements totaling $143 million in potential contract value. These POCs include a Fortune 20 healthcare payer serving over 45 million members, an energy sector platform managing approximately 10% of U.S. onshore oil production, and a venture-backed healthcare logistics company—all evaluating ElephantSqlDB® for workloads where near constant-time queries completing in single-digit milliseconds directly impact operational efficiency and patient outcomes. The Company expects a significant portion of these engagements to convert to production contracts within the next two quarters.

Market Opportunity

The global database market exceeds $100 billion annually, with enterprise demand for real-time analytics growing at over 20% per year. ElephantSqlDB® is targeting high-value verticals where traditional databases create performance bottlenecks. The Company's O(1) architecture eliminates the query degradation that plagues legacy systems as data volumes scale, opening use cases that were previously impractical such as AI-intensive applications.

Investment Terms

The offering is available exclusively to verified accredited investors under Rule 506(c) of Regulation D. Key terms include:

Security Type

SAFE with Immediate Conversion and IPO True-Up Right

Price Per Share

$4.60

Post-Money Valuation

$46,000,000

Active POC Value

$143,000,000

Strategic Partnership

NVIDIA Inception Partner

Investor Rights

Pro-rata rights; IPO True-Up Right (20% discount protection)

Target Liquidity Event

NASDAQ IPO within 12 months

How to Invest

Interested investors must complete accredited investor verification through the offering platform or a third-party verification service. Upon verification, investors will receive access to the Company’s data room, including financial statements, technical documentation, and the SAFE agreement. The SAFE converts immediately to Common Stock at $4.60 per share, with a True-Up Right that preserves the 20% discount protection through IPO. To request access or learn more, visit:

About ElephantSqlDB, Inc.

ElephantSqlDB, Inc. is a NVIDIA Inception partner and database technology company headquartered in Austin, Texas. The Company's proprietary quantum-augmented architecture delivers constant-time query performance for enterprise workloads, eliminating the performance degradation that affects traditional databases at scale.

IMPORTANT DISCLOSURES

This press release constitutes a general solicitation under Rule 506(c) of Regulation D under the Securities Act of 1933, as amended. Securities will only be sold to investors who are verified as accredited investors as defined in Rule 501 of Regulation D.

The securities offered have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

RISK FACTORS: Investing in early-stage companies involves significant risk, including the possible loss of your entire investment. The shares are illiquid and cannot be sold until a public offering, acquisition, or other liquidity event, which may never occur. The Company's planned IPO timeline is subject to market conditions, regulatory approval, and other factors, and may be delayed or may not occur. Active proof-of-concept engagements do not guarantee future revenue; POCs may not convert to production contracts. Past performance and stated valuations are not indicative of future results.

NVIDIA INCEPTION DISCLAIMER: NVIDIA Inception is a program designed to nurture startups. Participation in NVIDIA Inception does not constitute an endorsement, investment, or partnership by NVIDIA Corporation. NVIDIA has not verified the claims made in this press release.

SAFE DISCLOSURE: This offering uses an Immediate-Conversion SAFE modified from the standard YC SAFE. Investors receive Common Stock immediately upon investment at the $46M valuation cap price ($4.60/share). The SAFE includes a True-Up Right: if the IPO price triggers the 20% discount protection (IPO below $5.75/share), investors will receive additional shares to achieve the lower effective price. This mechanism ensures valuation cap and discount protections remain enforceable through the liquidity event.

FORWARD-LOOKING STATEMENTS: This release contains forward-looking statements, including statements regarding the Company's planned IPO, POC pipeline, expected contract conversions, market opportunity, and technology capabilities. These statements involve known and unknown risks and uncertainties that may cause actual results to differ materially from expectations. The Company undertakes no obligation to update forward-looking statements.

 

Contacts

Media Contact:
press@elephantsqldb.com

ElephantSqlDB, Inc.


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Contacts

Media Contact:
press@elephantsqldb.com

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