Amount Raised
$28 Million
Round Type
Series A
New YorkSoftwareData And AnalyticsScience And EngineeringArtificial IntelligenceDescription
Pinecone Systems Inc., a search infrastructure company, today announced the completion of a $28M Series A funding round to enable companies of all sizes to power search applications with AI. The funding round was led by Menlo Ventures, with participation from new investor Tiger Global and previous investors including Wing Venture Capital, who led the company's seed-stage financing. Since coming out of stealth last year Pinecone has emerged as the leader of a new generation of search technology with thousands of developers signing up for their vector-database product.
Quick answer
Pinecone raised $28 Million in a Series A round, dated March 29, 2022. Pinecone is based in New York, New York, United States.
- How much did Pinecone raise?
- Pinecone raised $28 Million in a Series A round on March 29, 2022.
- 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.
- Hirelogic raised $4M (Seed) on May 9, 2022.
- IMPLICITY raised $23M (Funding Round) on April 27, 2022.
- Humantic Ai raised $1.5M (Seed) on April 25, 2022.
- d-Matrix raised $44M (Funding Round) on April 20, 2022.
- PassiveLogic raised $15M (Funding Round) on April 12, 2022.
- Lilt raised $55M (Series C) on April 7, 2022.
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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Fundz sees it the moment Pinecone raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansPinecone 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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