Dust vs LlamaIndex
Side-by-side on valuation, funding, investors, founders & more
Comparison updated: April 2026
LlamaIndex is valued at $93M — more than 3x Dust's N/A.
Head-to-Head Verdict
Dust
0 wins
LlamaIndex
3 wins
Key Numbers
🇫🇷 France · Gabriel Hubert
Valuation
N/A
Total Funding
$21.5M
75 employees
🇺🇸 United States · Jerry Liu
Valuation
$93M
Total Funding
$27.5M
75 employees
Both companies compete in the AI Agents space, though from different geographies — Dust in France and LlamaIndex in United States. Both are at the Series A stage, meaning they face similar scaling challenges and investor expectations.
Analyst Summary
Built from real data · Updated April 2026
Companies
Within AI Agents, Dust and LlamaIndex rank among the most closely watched rivals. Dust is a French AI company founded in 2023 that develops enterprise AI agents designed to automate business workflows and processes. LlamaIndex is a data framework company founded in 2022 that specializes in connecting large language models to external data sources.
Funding & Valuation
Only LlamaIndex has a public valuation on record ($93M); Dust's has not been disclosed. Dust has raised $21.5M while LlamaIndex has raised $27.5M, keeping their war chests in the same ballpark.
Growth Stage
Established in 2022, LlamaIndex has a modest 1-year head start over Dust (2023). Each company has reached the Series A stage, placing them at comparable points in their growth trajectories. Team sizes also differ: Dust employs 75 people versus LlamaIndex's 75.
Geography & Outlook
Dust operates out of 🇫🇷 France while LlamaIndex is based in 🇺🇸 United States, giving each a distinct home-market advantage. LlamaIndex holds a moderate edge on Awaira's composite score (78 vs. 65), driven by stronger fundamentals in funding and growth metrics. Under Gabriel Hubert and Jerry Liu respectively, both companies continue to chart aggressive growth paths.
Funding Velocity
Dust
LlamaIndex
Funding History
Dust has completed 1 funding round, while LlamaIndex has gone through 2. Dust's most recent round was a Series A of $16M, compared to LlamaIndex's Seed ($8.5M). Both are currently at the Series A stage.
Team & Scale
Team sizes are in the same ballpark: Dust has about 75 people and LlamaIndex has around 75. They're close in age — Dust started in 2023 and LlamaIndex in 2022. Geographically, they're in different markets — Dust operates out of France and LlamaIndex from United States.
Metrics Comparison
| Metric | Dust | LlamaIndex |
|---|---|---|
💰Valuation | N/A | $93M |
📈Total Funding | $21.5M | $27.5MWINS |
📅Founded | 2023WINS | 2022 |
🚀Stage | Series A | Series A |
👥Employees | 75 | 75 |
🌍Country | France | United States |
🏷️Category | AI Agents | AI Agents |
⭐Awaira Score | 65 | 78WINS |
Key Differences
Funding gap: LlamaIndex has raised $6M more ($27.5M vs $21.5M)
Market experience: LlamaIndex has 1 year more (founded 2022 vs 2023)
Market base: 🇫🇷 Dust (France) vs 🇺🇸 LlamaIndex (United States)
Direct competitors: Both operate in the AI Agents market segment
Awaira Score: LlamaIndex scores 78/100 vs Dust's 65/100
Which Should You Choose?
Use these signals to make the right call
Choose Dust if…
- ✓France-based for regional compliance or proximity
- ✓Dust is a French AI company founded in 2023 that develops enterprise AI agents designed to automate business workflows and processes
Choose LlamaIndex if…
Top Pick- ✓Higher Awaira Score — 78/100 vs 65/100
- ✓More established by valuation ($93M)
- ✓Stronger investor backing — raised $27.5M
- ✓More market experience — founded in 2022
- ✓United States-based for regional compliance or proximity
- ✓LlamaIndex is a data framework company founded in 2022 that specializes in connecting large language models to external data sources
Funding History
Dust raised $21.5M across 1 round. LlamaIndex raised $27.5M across 2 rounds.
Dust
Series A
Jun 2024
Lead: Accel
LlamaIndex
Seed
Sep 2023
Lead: Sequoia Capital
Seed
Jan 2022
Investor Comparison
Unique to Dust
Unique to LlamaIndex
Users Also Compare
Explore Further
FAQ — Dust vs LlamaIndex
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Bottom Line
LlamaIndex edges ahead with an Awaira Score of 78, but Dust (65) isn't far behind. The gap is narrow enough that it could shift with the next funding round.
Who Should You Watch?
LlamaIndex is in the stronger position — better score and deeper pockets. But Dust has room to surprise, especially if they land a marquee investor. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.