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# Nile raises $11.6M in seed funding to build a Postgres-powered data layer for SaaS applications

**[TechCrunch](https://daily.dev/sources/tc)** · 4 min read · 0 upvotes · 0 comments

## Summary

Nile raises $11.6M in seed funding to build a Postgres-powered data layer for SaaS applications. Nile aims to solve the problem of multi-tenancy in SaaS applications by providing a data solution with built-in support for multi-tenancy as its core feature. They chose Postgres as their core database solution due to its popularity and extensibility. Nile also offers additional features such as user management, customer dashboards, and vector embeddings for AI use cases.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2024/01/30/nile-raises-11-6m-in-seed-funding-to-build-a-postgres-powered-data-layer-for-saas-applications/>

---

Tags: [#backend](https://daily.dev/tags/backend), [#database](https://daily.dev/tags/database), [#enterprise](https://daily.dev/tags/enterprise), [#multi-tenancy](https://daily.dev/tags/multi-tenancy), [#postgresql](https://daily.dev/tags/postgresql), [#startup](https://daily.dev/tags/startup)

[View this post on daily.dev](https://daily.dev/posts/nile-raises-11-6m-in-seed-funding-to-build-a-postgres-powered-data-layer-for-saas-applications-nxymwzijl)

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