The fast revenue growth and premium valuation position the less-than-five-year-old company for an IPO within the next few years, according to Izrailevsky (pictured left). ClickHouse joins a small but growing list of tech startups signaling plans to go public as the IPO window is expected to be flung wide open by SpaceX’s historic June debut, followed by highly anticipated listings from OpenAI and Anthropic later this year.

Last fall, the startup hired Jimmy Sexton, who previously ran investor relations at Snowflake, one of ClickHouse’s main competitors, as chief financial officer. Bringing on a CFO is often viewed as a signal that a company is preparing for public markets.

The company has already acquired six startups, including Langfuse, which helps developers track and evaluate AI agent performance. Izrailevsky indicated that ClickHouse plans to remain acquisitive, looking to scoop up “relatively young, but showing very promising technology” startups, typically open source, that complement its core product suite.

The technology behind ClickHouse was originally developed inside Russian search giant Yandex 17 years ago, but spun out as an independent startup in 2021.