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Kagi vs Exa AI

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Exa AI is valued at $700M — more than 3x Kagi's N/A.

Head-to-Head Verdict

Exa AI leads on 3 of 4 metrics

Kagi

1 win

-Funding
-Awaira Score
-Team Size
+Experience

Exa AI

3 wins

+Funding
+Awaira Score
+Team Size
-Experience

Key Numbers

Valuation
N/A
$700M
Total Funding
$7M
$111M
Awaira Score
55/100
68/100
Employees
45
75
Founded
2018
2021
Stage
Bootstrapped
Series B
KagiExa AI
Kagi logo
Kagi

🇺🇸 United States · Vladimir Prelovac

BootstrappedAI SearchEst. 2018

Valuation

N/A

Total Funding

$7M

Awaira Score55/100

45 employees

Full Kagi Profile →
Winner
Exa AI logo
Exa AI

🇺🇸 United States · Will Bryk

Series BAI SearchEst. 2021

Valuation

$700M

Total Funding

$111M

Awaira Score68/100

75 employees

Full Exa AI Profile →
Market Context

Kagi and Exa AI are both AI Search companies based in United States, making this a direct domestic rivalry. The stage gap — Kagi at Bootstrapped vs Exa AI at Series B — shapes how each company allocates capital and talent.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

AI Search remains a contested market, with Kagi and Exa AI among its most prominent entrants. Kagi is a privacy-focused search engine founded in 2018 and headquartered in the United States. Exa AI is a search engine company founded in 2021 that specializes in providing AI-native search capabilities.

Funding & Valuation

Exa AI carries a disclosed valuation of $700M, while Kagi remains privately valued. With $111M raised, Exa AI has attracted substantially more capital than Kagi ($7M).

Growth Stage

The founding gap is narrow: Kagi in 2018 versus Exa AI in 2021. Growth stages differ: Kagi (Bootstrapped) versus Exa AI (Series B), a distinction that matters for both deal structure and competitive positioning. Team sizes also differ: Kagi employs 45 people versus Exa AI's 75.

Geography & Outlook

Both companies are headquartered in 🇺🇸 United States, competing for the same regional talent pool and customer base. Awaira rates Exa AI at 68 and Kagi at 55, a gap that reflects differences in capital efficiency and market traction. Kagi, led by Vladimir Prelovac, and Exa AI, led by Will Bryk, each bring distinct leadership visions to the AI sector.

Funding Velocity

Kagi

Total Rounds1
Avg. Round Size$7M

Exa AI

Total Rounds1
Avg. Round SizeN/A

Funding History

Kagi has completed 1 funding round, while Exa AI has gone through 1. Kagi's most recent round was a Seed of $7M, compared to Exa AI's Seed. Kagi is at Bootstrapped while Exa AI is at Series B — different points in their growth trajectory.

Team & Scale

Team sizes are in the same ballpark: Kagi has about 45 people and Exa AI has around 75. Kagi has a 3-year head start, founded in 2018 vs Exa AI's 2021. Both are based in United States.

Metrics Comparison

MetricKagiExa AI
💰Valuation
N/A
$700M
📈Total Funding
$7M
$111MWINS
📅Founded
2018
2021WINS
🚀Stage
Bootstrapped
Series B
👥Employees
45
75
🌍Country
United States
United States
🏷️Category
AI Search
AI Search
Awaira Score
55
68WINS

Key Differences

📈

Funding gap: Exa AI has raised $104M more ($111M vs $7M)

📅

Market experience: Kagi has 3 years more (founded 2018 vs 2021)

🚀

Growth stage: Kagi is at Bootstrapped vs Exa AI at Series B

👥

Team size: Kagi has 45 employees vs Exa AI's 75

⚔️

Direct competitors: Both operate in the AI Search market segment

Awaira Score: Exa AI scores 68/100 vs Kagi's 55/100

Which Should You Choose?

Use these signals to make the right call

Kagi logo

Choose Kagi if…

  • More market experience — founded in 2018
  • Kagi is a privacy-focused search engine founded in 2018 and headquartered in the United States
Exa AI logo

Choose Exa AI if…

Top Pick
  • Higher Awaira Score — 68/100 vs 55/100
  • More established by valuation ($700M)
  • Stronger investor backing — raised $111M
  • Exa AI is a search engine company founded in 2021 that specializes in providing AI-native search capabilities

Funding History

Kagi raised $7M across 1 round. Exa AI raised $111M across 1 round.

Kagi

Seed

Jun 2018

$7M

Exa AI

Seed

Jan 2021

Users Also Compare

FAQ — Kagi vs Exa AI

Is Kagi bigger than Exa AI?
Exa AI has a disclosed valuation of $700M, while Kagi's valuation is not publicly available, making a direct size comparison difficult. Exa AI employs 75 people.
Which company raised more funding — Kagi or Exa AI?
Exa AI has raised more in total funding at $111M, compared to Kagi's $7M — a gap of $104M. Combined, the two companies have completed 2 known funding rounds.
Which company has a higher Awaira Score?
Exa AI leads with an Awaira Score of 68/100, while Kagi sits at 55/100. That 13-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Kagi vs Exa AI?
Kagi was founded by Vladimir Prelovac in 2018. Exa AI was founded by Will Bryk in 2021. Visit each company's profile on Awaira for a full founder biography.
What does Kagi do vs Exa AI?
Kagi: Kagi is a privacy-focused search engine founded in 2018 and headquartered in the United States. The company operates as a bootstrapped venture with $7M in total funding and has not disclosed its valuation. Kagi positions itself as an alternative to Google and other ad-supported search engines by offering a subscription-based model that prioritizes user privacy and data protection. The platform uses its own search index alongside licensed results from multiple sources, reducing dependence on any single provider. Core features include customizable search results, the ability to block or prioritize specific websites, and tools designed for productivity and research workflows. Kagi targets users concerned about privacy, data harvesting, and algorithmic bias inherent in advertising-driven search models. The company emphasizes transparent business practices where revenue comes directly from users rather than advertisers tracking search behavior. Its competitive positioning centers on privacy guarantees, result quality, and user control over search experience customization. Kagi has attracted a growing community of privacy-conscious users and technology professionals. The company operates independently without venture capital backing, allowing autonomous decision-making regarding product direction. Growth trajectory reflects increasing demand for privacy-respecting alternatives to mainstream search engines, though market penetration remains limited compared to dominant competitors. Kagi's subscription-based model with privacy-first design directly challenges the ad-supported search framework by eliminating tracking and user data monetization. Exa AI: Exa AI is a search engine company founded in 2021 that specializes in providing AI-native search capabilities. The company has developed a search API designed specifically for large language models and AI applications, enabling developers to integrate real-time web search functionality into their AI systems. Unlike traditional search engines optimized for human users, Exa's technology is engineered to return results in formats suitable for machine learning models, improving their ability to access current information and reduce hallucinations. The platform processes queries from AI applications and returns structured data that integrates seamlessly into LLM workflows. Exa AI operates in the growing category of infrastructure tools supporting generative AI deployment. The company has secured $105M in total funding and achieved a $700M valuation as of its Series B stage, indicating significant investor confidence in the AI infrastructure sector. Exa's competitive positioning focuses on solving a specific technical challenge within the AI ecosystem: enabling language models to access and utilize real-time information efficiently. The company addresses demand from developers building AI applications requiring current data integration. Its growth trajectory reflects broader trends in the AI industry, where infrastructure tools supporting LLM capabilities attract substantial venture capital. The company operates in a market segment alongside other AI infrastructure providers serving the expanding generative AI developer community. Exa AI has identified a specific infrastructure gap in the AI ecosystem by building search optimized for machine consumption rather than human consumption.
Which company was founded first?
Kagi got there first, launching in 2018 — that's 3 years of extra runway. Exa AI didn't arrive until 2021. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Kagi has about 45 employees; Exa AI has about 75. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Kagi and Exa AI competitors?
Yes — they're direct rivals. Both Kagi and Exa AI compete in AI Search, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

Exa AI edges ahead with an Awaira Score of 68, but Kagi (55) isn't far behind. The gap is narrow enough that it could shift with the next funding round.

Who Should You Watch?

Exa AI is in the stronger position — better score and deeper pockets. But Kagi 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.

Deep Dive