Pinecone Systems




Series B



Pinecone is a fully managed vector database that makes it easy to add vector search to production applications. It combines state-of-the-art vector search libraries, advanced features such as filtering, and distributed infrastructure to provide high performance and reliability at any scale. No more hassles of benchmarking and tuning algorithms or building and maintaining infrastructure for vector search. We are engineers who built large machine learning platforms, databases, and search engines at AWS, Yahoo, Splunk, Databricks, and more. We are scientists who transformed businesses with ML applications such as shopping recommendations, online advertising, semantic search, anomaly detection, and more. We are researchers who collectively published more than 100 academic papers and patents on machine learning, systems, and algorithms.

Edo LibertyCEO1

RoundDate AnnouncedInvestors
Pinecone raises $100 millionApril 27, 20234
Pinecone Systems raises $28 millionMarch 29, 20223
Pinecone systems raises $10 million seedJanuary 27, 20211

Investor NameInvestor TypeAUM ($)
Andreessen HorowitzVenture Capital10,000,000,000
ICONIQ CapitalInvestment Firm67,000,000,000
Menlo VenturesVenture Capital4,000,000,000
Tiger Global ManagementPrivate Equity, Hedge Fund42,000,000,000
Wing Venture CapitalVenture Capital811,000,000

AI co Pinecone raises $100m at $750m valuation
Pinecone hits $750 million valuation in $100 million round to build long-term memory for AI

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