LanceDB
YC W22San Francisco, US · Founded 2022 · 35 employees · 12 known investors
LanceDB is an AI-native multimodal lakehouse platform that unifies training data across multiple systems to accelerate model development and dataset creation at scale.
Also known as Eto · ETO
AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareAIOpsMachine LearningOpen SourceData EngineeringUnited States of AmericaAmerica / CanadaPartly Remote
Founders & leadership· Y Combinator alumni (W22)
LanceDB was founded in 2022 by Chang She and Lei Xu.
CS
LX
Lei XuFounder
Investors · 12
Angel Collective Opportunity FundSan Francisco
CRV (Charles River Ventures)Bay Area · $250K – $5M
Swift VenturesSan Francisco
The E14 FundCambridge · $1M – $5M
Theory VenturesSan Francisco · $1M – $40M
Wayfinder VenturesSan Francisco · $300K – $1M
Y CombinatorSan Francisco · $500K
Zero Prime VenturesSan Francisco · $500K – $1.5M
Databricks Venturesreported · 2 sourcesSan Francisco
ESSENCE VCreported · 2 sourcesBothell
Essence Venture CapitalreportedSeattle · $10K – $10Mvia Timothy Chen · inferred
RunwayreportedNew York City
Funding
SEC filings, press & company announcements$60M disclosed across 2 of 4 rounds · 2024–2025
- $30MSeries AJun 2025 · 3 sourcesSource ↗
- $30MraisedJun 2025 · 2 sourcesSource ↗
- Undisclosed amountseed roundMay 2024
CRV (lead), Essence VC, Swift Ventures
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 10
by search overlap
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Netezza86 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
MongoDB82 shared keywordsMongoDB is a cloud database company that provides Atlas, a multi-cloud data platform for transactional, search, and generative AI workloads, along with enterprise on-premises options and integration tools for developers and partners.
Weaviate78 shared keywordsWeaviate is a fully remote company with globally distributed teams that works on open-source technology. This page describes its remote-first culture, employee benefits, and hiring approach rather than a specific product.
Zilliz77 shared keywordsZilliz provides Zilliz Cloud, a managed vector database and "vector lakebase" built by the creators of Milvus, offering real-time serving, iterative discovery, and batch analytics on a single data source at large scale. It supports vector, text, JSON, and geospatial data with hybrid retrieval, filtering, and reranking for enterprises building AI and retrieval-augmented generation applications.
LlamaIndex70 shared keywordsLlamaIndex provides document parsing and AI agent workflows that automate document-based administrative operations such as invoice matching, contract data extraction, form processing, and compliance reporting. It serves enterprise operations and developer teams building retrieval-augmented generation (RAG) and agent-based applications.
Elastic63 shared keywordsElastic develops search-powered software for enterprises, offering products for search, observability, and security built on Elasticsearch. The company positions its technology to help organizations use their data for AI applications.
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Companies competing with LanceDB for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does LanceDB do?
- LanceDB is an AI-native multimodal lakehouse platform that unifies training data across multiple systems to accelerate model development and dataset creation at scale.
- Who founded LanceDB?
- LanceDB was founded by Chang She, Lei Xu in 2022.
- Who are LanceDB's investors?
- LanceDB's investors include Angel Collective Opportunity Fund, CRV (Charles River Ventures), Swift Ventures, The E14 Fund, Theory Ventures, Wayfinder Ventures, Y Combinator, Zero Prime Ventures and 4 more.
- How much funding has LanceDB raised?
- LanceDB has disclosed $60M raised across 2 of its 4 known rounds.
- Where is LanceDB headquartered?
- LanceDB is headquartered in San Francisco, US.