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Pinecone

Updated Mar 23, 2026

Everything you need to know about Pinecone — from their $138M in funding to who's backing them.

🇺🇸United StatesSeries BAI Data

Out of 100

🇺🇸

HQ

United States

🗓

Founded

2019

💰

Raised

$138M

🏷️

Stage

Series B

👥

Team

150

Pinecone is a vector database platform founded in 2019 that enables developers to build and deploy AI applications using vector embeddings. The company provides a fully managed cloud service that indexes and searches high-dimensional vector data at scale, serving as critical infrastructure for retrieval-augmented generation (RAG) and other machine learning workflows. Pinecone's core offering

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Key Facts

  • Pinecone is valued at $750M as of March 2026.
  • Pinecone has raised a total of $138M in disclosed funding across 3 funding rounds.
  • Pinecone was founded in 2019 by Edo Liberty and is headquartered in United States.
  • Pinecone employs approximately 150 people.
  • Pinecone operates in the AI Data category and is currently at the Series B stage.
  • Pinecone has an Awaira Score of 76/100, ranking it among the tracked AI companies on Awaira.
  • Pinecone's most recent funding round was a Series B of $100M closed in January 2023.

Source: Awaira · Updated Mar 23, 2026

$750M

Post-money

$138M

All rounds

76/100

2019

150 employees

Strengths

Strong Awaira Score of 76/100

Growing team of 150 employees

Based in the US, the world's largest AI market

Analysis based on publicly available data. Not investment advice.

3

Total Rounds

$46M

Avg Round Size

2.0yr

Funding Span

Pinecone raised 3 rounds over 2.0 years, averaging $46M per round — a pace of roughly one round every 8 months.

⚠️ ESTIMATE
💵Est. Annual Revenue
$20M–$100M estimated ARR

Awaira estimate based on public data. Not financial advice.

How does Pinecone stack up against competitors?

MetricPineconeDatabricksWeights and BiasesPatsnap
Awaira Score76/10093/10080/10080/100
Total Raised$138M$20.2B$250M$300M
Valuation$750M$134B$1.25B$1B
StageSeries BPrivateAcquiredSeries E
Founded2019201320172007
Employees1506,000300500-1000
Country🇺🇸🇺🇸🇺🇸🇸🇬
E

Edo Liberty

Founder & Chief Scientist

View founder profile →
StageSeries B
Employees150
Country🇺🇸 United States
Connect
Inactive
3 rounds
Series BLatest

Sapphire Ventures, Accel, Bessemer Venture Partners

$100M

Jan 2023

Series A

Led by Accel

$28M

Mar 2022

Seed

Led by Sapphire Ventures

$10M

Jan 2021

Frequently Asked Questions

What is Pinecone's valuation?
Based on the most recent funding round, the valuation sits at $750M.
Who invested in Pinecone?
Known backers include Sapphire Ventures, Accel, Bessemer Venture Partners. These investors have supported the company through various funding rounds.
When did Pinecone last raise funding?
A Series B of $100M represents the most recent capital raise in January 2023.
How many employees does Pinecone have?
Around 150 people work there, with headquarters in United States.
What does Pinecone do?
Pinecone is a vector database platform founded in 2019 that enables developers to build and deploy AI applications using vector embeddings. The company provides a fully managed cloud service that indexes and searches high-dimensional vector data at scale, serving as critical infrastructure for retrieval-augmented generation (RAG) and other machine learning workflows. Founded in 2019, Pinecone is categorized under AI Data.
Who founded Pinecone?
Edo Liberty established the company in 2019. It's based in United States. Edo Liberty serves as Founder & Chief Scientist.
Is Pinecone profitable?
Profitability details aren't publicly disclosed. The company has raised $138M in total funding and is currently at the Series B stage.
Where is Pinecone headquartered?
Headquarters are in United States 🇺🇸. The company operates in the AI Data sector and was established in 2019.
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