Pinecone is a pioneering technology company specializing in vector databases designed to enhance the capabilities of artificial intelligence (AI) applications. Founded in 2019 by Edo Liberty, the company is headquartered in New York City, with additional offices in San Francisco, California, and Tel Aviv, Israel. Pinecone has captivated the attention of investors, raising $138 million across several funding rounds, most notably a $100 million Series B round led by Andreessen Horowitz in April 2023. The platform revolutionizes AI development by offering scalable, serverless solutions tailored to developers and enterprises seeking to optimize machine learning models at scale.
Attribute | Information |
---|---|
Founding Date | 2019 |
Headquarters | New York, NY, USA |
Founders | Edo Liberty |
Revenue | Not publicly disclosed |
Profits | Not publicly disclosed |
Key Investors | Andreessen Horowitz, ICONIQ Growth, Menlo Ventures, Wing Venture Capital |
Industry | Software Development - AI and Databases |
Number of Employees | Approx. 134 (as of 2025) |
Valuation | $750 million |
Pinecone was founded in 2019 by Edo Liberty, who recognized the potential of vector databases to transform artificial intelligence applications. With a background in applied mathematics and extensive experience at Yahoo and AWS, Liberty spearheaded the development of a vector search platform that was both accessible and scalable. The company initially focused on providing a managed service that enabled developers to implement vector search without dealing with the complexities of infrastructure management. By 2021, Pinecone had positioned itself as a key innovator in the AI toolchain, attracting significant venture capital and industry attention.
Pinecone's business model revolves around delivering a serverless and fully managed vector database platform that accelerates AI development. This managed service model allows developers to launch, scale, and manage vector search applications seamlessly. Key achievements in Pinecone's journey include:
Currently, Pinecone operates as a leading vector database provider specializing in AI application infrastructure. Its platform is lauded for offering reliable, low-latency search across vast and complex datasets, which is crucial for AI-driven applications like semantic search, anomaly detection, and real-time recommendations. Pinecone's unique selling proposition is its managed service model, which eliminates the need for complex infrastructure management, making advanced AI capabilities accessible to a broader range of users and industries.
Pinecone stands as a transformative player in the AI industry, leveraging its vector database technology to offer significant advancements in AI application development. The company’s emphasis on ease-of-use and scalability has democratized AI, enabling smaller enterprises to access tools once reserved for technology giants. As the AI market continues to expand, Pinecone’s innovative solutions and strategic partnerships position it well to remain at the forefront of AI software infrastructure, potentially influencing new waves of AI-powered applications across diverse sectors.