Fundraising Fox

Pinecone

New York City, US · Founded 2019 · Delaware corporation · 11 known investors

pinecone.io

Pinecone provides a vector database and knowledge engine that enables AI applications with semantic search and retrieval capabilities. It serves developers and enterprises building AI applications across industries.

Also known as Pinecone Systems · pinecone.io

AI & Machine LearningData & InfrastructureDeveloper Tools

Founders & leadership

Pinecone was founded in 2019 by Edo Liberty.

ELEdo Liberty
Edo LibertyinFounder & Chief Scientist
LELior Ehrenfeld
Lior EhrenfeldExecutive

Board

PLPeter Levine
Peter Levinein𝕏Board directorGeneral Partner at Andreessen Horowitz
IS
Ilan SternBoard director
PWPeter Wagner
Peter Wagnerin𝕏Board directorPartner at Wing
TTTim Tully
Tim Tullyin𝕏Board MemberPartner at Menlo Ventures
RW
Robert WiederholdBoard director

Investors · 11

Also in the syndicate · 3

Cedar Capital GroupLatitudWing Venture Capital

Funding

SEC filings, press & company announcements

$128.2M disclosed across 2 of 4 rounds · 2021–2025

$100MraisedMay 2023 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Peter LevineDirector
  • Robert WiederholdExecutive Officer, Director
  • Lior EhrenfeldExecutive Officer
  • Ilan SternDirector
  • Edo LibertyExecutive Officer, Director
  • Peter WagnerDirector
  • Tim TullyDirector
Offering amount
$100M
Amount sold
$100M
First sale
Apr 2023
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$28.2MraisedApr 2022 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Edo LibertyExecutive Officer, Director
  • Bob WiederholdDirector
  • Ilan SternDirector
  • Peter WagnerDirector
  • Tim TullyDirector
  • Lior EhrenfeldExecutive Officer
Offering amount
$28.2M
Amount sold
$28.2M
First sale
Feb 2022
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$750Mvaluation at Series BApr 2023
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Pinecone offers a fully managed vector database built for AI workloads, storing, indexing and querying high-dimensional vector embeddings so that models and agents can retrieve relevant proprietary data. The company describes its service as one where writes are acknowledged in under 100ms and searchable within seconds, indexing is automatic with algorithms selected per data size and upgraded in the background, and query latency stays consistent as data volume grows because all data is searched in parallel. Users manage indexes through a web console (app.pinecone.io) or a CLI, with dense indexes deployed across cloud regions such as AWS us-east-1, us-west-2 and eu-west-1.

Beyond the core database, Pinecone ships Pinecone Assistant for question answering over proprietary data and Pinecone Nexus, a knowledge engine for agents that is generally available. Nexus compiles enterprise data into governed knowledge ahead of time and then serves it through a single query, which the company says returns a structured, cited answer without a multi-step retrieve-and-reason loop. Pinecone publishes claims for Nexus of 90% fewer tokens per task, 30x faster than agentic RAG, and 20% higher accuracy than hybrid search, referencing model pass rates on Sierra's τ-Knowledge benchmark leaderboard. A self-hosted Nexus installer for customer-operated Kubernetes clusters is published on the company's GitHub organization.

The platform is positioned for enterprise use with encryption at rest and in transit, SSO, RBAC, customer-managed encryption keys and private networking, plus SOC 2 Type II, HIPAA, GDPR and ISO 27001 certifications and uptime and support SLAs. Third-party coverage describes the architecture as serverless, supporting hybrid dense and sparse search and deployable alongside AWS, Azure and GCP.

Founding story

Pinecone was founded in 2019 by Edo Liberty. As a research director at AWS and previously at Yahoo!, Liberty had built custom vector search systems at large scale and saw how combining AI models with vector search improved applications such as spam detection and recommendation systems. Assuming a packaged solution already existed for teams without comparable engineering and data-science resources, he found none, and founded Pinecone to provide storage and retrieval infrastructure for AI applications that would be accessible to engineering teams of any size or level of AI expertise — a principle reflected in the fully managed, self-onboarding service.

Business model

Pinecone sells a managed cloud service: developers can create a first index for free and then pay as they go as usage scales, with a pricing estimator on the site for workloads such as RAG pipelines. An enterprise tier adds governance controls, compliance certifications, uptime and support SLAs, and dedicated customer success. A self-hosted deployment path for Pinecone Nexus into a customer-operated Kubernetes cluster is also offered.

Usage-based (consumption) pricing measured in read units, write units, storage and record counts, with a free entry tier and paid plans including enterprise agreements.

Traction

Company page reports more than 10,000 customers and 1M developers worldwide; the GitHub organization README cites 9,000+ companies and 800,000+ developers. At the April 2023 Series B, Pinecone reported explosive Q1 2023 growth in free-plan developers and paying customers, naming Shopify, Gong, HubSpot and Zapier. Public repositories show community traction, e.g. the examples repository at roughly 3,000 stars and the Python SDK at 449 stars. A third-party profile cites over 5,000 paying customers.

Latest developments

Pinecone Nexus, the company's knowledge engine for AI agents, is generally available and is promoted across the site as more accurate, faster and lower cost than agentic RAG and hybrid search, with results referenced to Sierra's τ-Knowledge benchmark; Pinecone also maintains a fork of sierra-research/tau2-bench. A self-hosted Nexus installer for Kubernetes and a Nexus quickstart in the documentation have been published, alongside a marketplace quickstart for no-code knowledge apps in public preview. GitHub repositories including Pulumi providers, the MCP server and the TypeScript, Go and Java clients show updates in August 2026. Leadership now lists Ash Ashutosh as CEO with founder Edo Liberty as Chief Scientist.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Pinecone describes itself as the company that created the vector database category and as knowledge infrastructure for AI at scale. Company materials cite more than 10,000 customers and 1M developers; the GitHub profile cites 9,000+ companies and 800,000+ developers. At its 2023 Series B the company said its technology had disrupted a $9B search infrastructure market and had become a component of a $110B generative AI market. A third-party profile characterizes it as a leading vector database provider and key AI/ML infrastructure vendor with over 5,000 paying customers.

Pinecone positions on a fully managed, no-tuning experience (automatic index selection and background rebalancing), retrieval cost that does not rise with scale, and consistent latency as data grows. Nexus differentiates by pre-compiling enterprise data into governed knowledge served in a single cited query rather than iterative agentic retrieval, with published benchmark claims against hybrid search and agentic RAG. Enterprise governance and compliance certifications (SOC 2 Type II, HIPAA, GDPR, ISO 27001), broad SDK/tooling coverage and deep integration with agentic coding tools are further stated differentiators.

Technology

A fully managed vector database with automatic index selection and background rebalancing, sub-100ms write acknowledgment, parallel search across all data for stable p99 latency at scale, dense (and per third-party coverage, hybrid dense/sparse) indexes of varying dimensionality, namespaces, backups, imports, reranking and inference APIs. Pinecone Nexus adds a pre-compiled, governed knowledge layer that answers agent queries in a single call with citations. Open-source clients and tooling are published under the pinecone-io GitHub organization (116 repositories), including Python, TypeScript, Go and Java SDKs, an MCP server, Pulumi providers and a self-hosted Nexus installer.

Go-to-market

Self-service developer onboarding via a free index and extensive documentation, quickstarts, notebooks and sample apps; official SDKs for Python, TypeScript, Go and Java; infrastructure-as-code via Terraform and Pulumi providers; integrations with LangChain, LlamaIndex and other third-party tools; and distribution through AI coding tools and an MCP server for Claude Code, Cursor, Copilot, Codex and Gemini. Enterprise motion is supported by a demo request path, global sales and field engineering leadership, and a marketplace for no-code knowledge apps (public preview).

Developers and engineering teams building AI applications — agents, semantic search, RAG pipelines and recommendation systems — as well as enterprises requiring governed, compliant knowledge infrastructure. Named customers cited in company materials include Shopify, Gong, HubSpot and Zapier.

Geography

Headquarters in New York City (127 W 26th St, 6th Fl, New York, NY 10001) with an office in Tel Aviv (4 Ein Zeitim St., Tel Aviv). At the time of the 2023 Series B the company said it operated in San Francisco, New York and Tel Aviv. Indexes are hosted in multiple cloud regions including AWS us-east-1, us-west-2 and eu-west-1.

History

Founded in 2019, Pinecone introduced its vector database in 2021. Third-party records list a $10M seed round in January 2021 and a $28M Series A in March 2022. In April 2023 the company announced a $100M Series B at a $750M valuation led by Andreessen Horowitz, with ICONIQ Growth and existing investors Menlo Ventures and Wing Venture Capital participating; at that time Edo Liberty was Founder & CEO and Bob Wiederhold was President. Subsequently the company launched Pinecone Assistant and, more recently, Pinecone Nexus, a knowledge engine for agents now generally available. Current leadership lists Ash Ashutosh as CEO and Edo Liberty as Founder & Chief Scientist.

Risks & controversies

Sources report inconsistent figures that complicate diligence: total disclosed funding is given as $138.0M across three rounds by a third-party aggregator versus internal records of ~$128.2M; customer and developer counts differ between the company page (10,000+ customers, 1M developers) and the GitHub README (9,000+ companies, 800,000+ developers); and the same aggregator lists an implausible '10000+' employee count and an unrecognized single leadership entry, suggesting low reliability. Performance and accuracy claims for Nexus are vendor-published. No litigation, regulatory action or public controversy is described in the sources.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Accuracy vs hybrid search with NexusJan 202620%
Companies using productJan 20269,000 companies
CustomersJan 202610,000 customers
DevelopersJan 20261,000,000 developers
Paying customersJan 20265,000 customers
Public GitHub repositoriesAug 2026116 repositories
Speed vs agentic RAG with NexusJan 202630 x
Token reduction per task with NexusJan 202690%
Total funding raisedJan 2026$138M
ValuationApr 2023$750M
Write acknowledgment latencyJan 2026100 milliseconds

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

2 people who came through Pinecone went on to found or lead other companies.

Competitors · 6

by search overlap
Netezza1310 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.
DataCamp1222 shared keywordsDataCamp is a learning platform for teams that teaches data and AI skills through hands-on coursework accessible via web browser and mobile app. It serves enterprise customers and development teams seeking to build technical capabilities.
Hugging Face877 shared keywordsHugging Face is a collaboration platform that hosts and provides access to machine learning models, datasets, and applications. It offers both open-source tools for the ML community and paid compute and enterprise solutions for teams building AI applications.
Elastic736 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.
Zilliz691 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.
Weaviate557 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.

Companies competing with Pinecone for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 5

launches, deals, and filings
Jan 2026
Ash Ashutosh listed as CEO; Edo Liberty as Founder & Chief Scientist

The company leadership page lists Ash Ashutosh as CEO and founder Edo Liberty as Chief Scientist, whereas the 2023 Series B announcement identified Liberty as Founder & CEO and Bob Wiederhold as President.

source ↗

Jan 2026
Compliance certifications for enterprise offering

Pinecone states SOC 2 Type II, HIPAA, GDPR and ISO 27001 certification, along with encryption at rest and in transit, SSO, RBAC, CMEK and private networking.

source ↗

Jan 2026
Pinecone Nexus generally available

Pinecone Nexus, a knowledge engine that compiles enterprise data into governed knowledge and serves it through a single cited query for AI agents, announced as generally available; accompanied by a Nexus quickstart in the docs and a self-hosted Kubernetes installer on GitHub.

source ↗

Apr 2023
Pinecone raises $100M Series B at $750M valuation

Series B led by Andreessen Horowitz with participation from ICONIQ Growth and existing investors Menlo Ventures and Wing Venture Capital; Peter Levine of a16z quoted. Company reported explosive Q1 2023 growth in paying customers including Shopify, Gong, HubSpot and Zapier.

$100M source ↗

Jan 2021
Introduction of the Pinecone vector database

Pinecone introduced its vector database in 2021, which the company describes as creating the vector database category.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
PineconeDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Pinecone do?
Pinecone is a fully managed vector database and knowledge engine for building retrieval-based AI applications and agents.
Who founded Pinecone?
Pinecone was founded by Edo Liberty in 2019.
Who are Pinecone's investors?
Pinecone's investors include Andreessen Horowitz, Converge, ICONIQ, Menlo Ventures, Wing, Wonder Ventures, ICONIQ Growth, Tiger Global Management.
How much funding has Pinecone raised?
Pinecone has disclosed $128.2M raised across 2 of its 4 known rounds.
Where is Pinecone headquartered?
Pinecone is headquartered in New York City, US.