Fundz

Ai Startup Pinecone Raises $100 Million As Vector Database Market For Llms Heats Up

PRIVATEApr 27, 2023

Amount Raised

$100 Million

Round Type

Funding Round

New YorkSoftwareData And AnalyticsScience And EngineeringArtificial Intelligence

Investors

Andreessen Horowitz

Description

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Quick answer

Pinecone raised $100 Million in a Funding Round round, dated April 27, 2023. Investors: Andreessen Horowitz. Pinecone is based in New York, New York, United States.

How much did Pinecone raise?
Pinecone raised $100 Million in a Funding Round round on April 27, 2023.
Who invested in Pinecone?
Andreessen Horowitz is named as investors in this round.
What does Pinecone do?
Pinecone has built the first vector database to enable the next generation of artificial intelligence (AI) applications in the cloud.
Where is Pinecone based and how big is it?
Pinecone is based in New York, New York, United States. Fundz records about 170 employees.
Who are the decision-makers at Pinecone?
Fundz holds 2 contacts at Pinecone, including the Enterprise Account Executive - 4. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Data And Analytics and Science And Engineering around the same time

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

  • SafelyYou raised $30M (Debt Financing) on May 30, 2023.
  • BrainBox AI raised $20M on April 28, 2023.
  • Augmentir raised an undisclosed amount (Funding Round) on April 18, 2023.
  • Celestial AI raised $96M on April 11, 2023.
  • Cohere raised $270M (Series C) on June 8, 2023.
  • Predibase raised $12M (Funding Round) on May 31, 2023.

Who to call at Pinecone, and when

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

  • An alert the day Pinecone raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Pinecone, from your own LinkedIn network

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Company Information

Company

Pinecone

Location

1375 Broadway, Floor 11

New York, New York, United States

About

Pinecone has built the first vector database to enable the next generation of artificial intelligence (AI) applications in the cloud. Its engineers built ML platforms at AWS, DataBricks, Yahoo, Google, and Splunk, and its scientists published more than 100 academic papers and patents on machine learning, data science, systems, and algorithms. Pinecone operates in Silicon Valley, New York and Tel Aviv.

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Fundz sees it the moment Pinecone raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsRoderick Q., Enterprise Account Executive - 4See plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Pinecone's next move

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Pinecone 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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