Fundz

Blackbird doubles down on ex Amazon duo in $19.4 million Series A for vector search

PRIVATEFeb 13, 2024

Amount Raised

$19.4 Million

Round Type

Series A

San FranciscoSoftwareArtificial IntelligenceAnalyticsMachine LearningNatural Language Processing

Investors

Rob SkillingtonJanuary CapitalBlackbirdLightspeed

Description

Marqo, a vector search startup for ecommerce, has raised US$12.5 million (A$19.4m) in a Series A, just six months after banking A$8.1m in a Seed round. The fresh raise was led by Lightspeed, with support from Blackbird, January Capital, and Chronosphere founder and CTO Rob Skillington.

Quick answer

Marqo raised $19.4 Million in a Series A round, dated February 13, 2024. Investors: Rob Skillington, January Capital, Blackbird and Lightspeed. Marqo is based in San Francisco, California, United States.

How much did Marqo raise?
Marqo raised $19.4 Million in a Series A round on February 13, 2024.
Who invested in Marqo?
Rob Skillington, January Capital, Blackbird and Lightspeed are named as investors in this round.
What does Marqo do?
Marqo is an end-to-end, multimodal vector search engine.
Where is Marqo based and how big is it?
Marqo is based in San Francisco, California, United States. Fundz records about 42 employees.
Who are the decision-makers at Marqo?
Fundz holds 1 contact at Marqo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Analytics and Natural Language Processing around the same time

Companies in the same sectors as Marqo that raised within 45 days of this round, from Fundz verified event records.

  • CLARA Analytics raised $64M (Funding Round) on February 21, 2024.
  • Nvidia raised $2.1M (Seed) on February 2, 2024.
  • Magic raised $321M on March 29, 2024.
  • SambaNova raised $676M (Series D) on March 28, 2024.
  • MineOS raised $43M (Funding Round) on March 28, 2024.
  • Ensis raised $4M (Seed) on March 28, 2024.

Who to call at Marqo, and when

A new round usually means Marqo is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Marqo

Location

San Francisco, California, United States

About

Marqo is an end-to-end, multimodal vector search engine. With Marqo, users can easily implement AI-powered search, leveraging the latest machine learning models. With offices in Melbourne, London, and San-Francisco Marqo brings together a global team of experts across AI and machine learning, search analytics and engineering, to develop the next generation of search.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Marqo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.