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Pinecone

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

Updated Mar 23, 2026

Out of 100

๐Ÿ‡บ๐Ÿ‡ธ

HQ

United States

๐Ÿ—“

Founded

2019

๐Ÿ’ฐ

Raised

$138M

๐Ÿท๏ธ

Stage

Series B

๐Ÿ‘ฅ

Team

150

$750M

Post-money

$138M

All rounds

76/100

2019

150 employees

๐Ÿ’ตEst. Annual Revenue
$20Mโ€“$100M estimated ARR

Awaira estimate based on public data. Not financial advice.

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 offeringโ€ฆ

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Strengths

โœ“

Strong Awaira Score of 76/100

โœ“

Growing team of 150 employees

โœ“

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

Analysis based on publicly available data. Not investment advice.

Pinecone is a well-funded AI startup in the AI Data sector. Founded in 2019, the company is currently at the Series B stage with a team of approximately 150 employees. With $138M in total disclosed funding, Pinecone has demonstrated the ability to attract institutional capital. The company competes with 3 other tracked AI Data companies on Awaira, including Databricks and Weights and Biases.

Awaira Score

76/100

Valuation

$750M

Total Funding

$138M

Founded

2019

Employees

150

Stage

Series B

3

Total Rounds

$46M

Avg Round Size

2.0yr

Funding Span

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

With $138M in disclosed funding, Pinecone is a well-capitalized player in the AI Data segment.

Among 3 tracked competitors, Pinecone ranks #4 by valuation โ€” a metric investors and analysts use to gauge market standing.

Tracking Pinecone on Awaira provides real-time updates on funding rounds, investor activity, and competitive moves in the AI Data market.

Metricโ˜…PineconeDatabricksWeights 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
Country๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ธ๐Ÿ‡ฌ
E

Edo Liberty

Founder & Chief Scientist

View founder profile โ†’
StageSeries B
Employees150
Country๐Ÿ‡บ๐Ÿ‡ธ 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?โ–พ
Based on the most recent funding round, the valuation sits at $750M.
Who invested in Pinecone?โ–พ
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?โ–พ
A Series B of $100M represents the most recent capital raise in January 2023.
How many employees does Pinecone have?โ–พ
Around 150 people work there, with headquarters in United States.
What does Pinecone do?โ–พ
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?โ–พ
Edo Liberty established the company in 2019. It's based in United States. Edo Liberty serves as Founder & Chief Scientist.
Is Pinecone profitable?โ–พ
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?โ–พ
Headquarters are in United States ๐Ÿ‡บ๐Ÿ‡ธ. The company operates in the AI Data sector and was established in 2019.