Haystack AI
How Haystack AI stacks up in AI Dev Tools — funding data, key investors, and more.
Awaira Score
Out of 100
HQ
United States
Founded
2018
Raised
$14M
Stage
Series A
Team
50-200
About Haystack AI
Haystack AI is an open-source LLM orchestration framework developed by deepset, a Berlin-based AI company, designed to enable developers to build production-ready natural language processing pipelines and retrieval-augmented generation applications from modular, composable components. The framework supports a wide range of model backends, vector stores, and document processing tools, and provides…
Key Facts
- Haystack AI has raised a total of $14M in disclosed funding across 2 funding rounds.
- Haystack AI was founded in 2018 by Tuana Celik and is headquartered in United States.
- Haystack AI employs approximately 50-200 people.
- Haystack AI operates in the AI Dev Tools category and is currently at the Series A stage.
- Haystack AI has an Awaira Score of 50/100, ranking it among the tracked AI companies on Awaira.
- Haystack AI's most recent funding round was a Series A of $11.62M closed in October 2019.
Source: Awaira · Updated Mar 24, 2026
Valuation
N/A
Post-money
Total Raised
$14M
All rounds
Awaira Score
50/100
Founded
2018
50-200 employees
Strengths & Risks
Strengths
Large team of 50-200+ employees
Based in the US, the world's largest AI market
Considerations
Valuation not publicly disclosed
Analysis based on publicly available data. Not investment advice.
Funding Velocity
2
Total Rounds
$7M
Avg Round Size
1.3yr
Funding Span
Haystack AI raised 2 rounds over 1.3 years, averaging $7M per round — a pace of roughly one round every 8 months.
Awaira estimate based on public data. Not financial advice.
How does Haystack AI stack up against competitors?
Competitor Comparison
| Metric | ★Haystack AI | Vercel | Postman AI | Cursor |
|---|---|---|---|---|
| Awaira Score | 50/100 | 91/100 | 90/100 | 87/100 |
| Total Raised | $14M | $863M | $433M | $3.4B |
| Valuation | N/A | $9.3B | $5.6B | $29.3B |
| Stage | Series A | Series F | Series D | Series D |
| Founded | 2018 | 2015 | 2014 | 2022 |
| Employees | 50-200 | 750 | 1000+ | 50 |
| Country | 🇺🇸 | 🇺🇸 | 🇺🇸 | 🇺🇸 |
Funding Rounds
Inactive$11.62M
Oct 2019
$2.38M
Jun 2018
Haystack AI Latest News
Haystack AI Reports 300% Revenue Growth as AI Dev Tools Market Explodes
Haystack AI Reports Strong Growth as AI Industry Accelerates
Haystack AI Reports Strong Growth as AI Industry Accelerates
Haystack AI Announces Strategic Partnerships to Scale AI Operations
Haystack AI Launches Open-Source RAG Framework for Enterprise LLM Applications
Founded Same Year (2018)
Similar by Funding Stage (Series A)
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