LanceDB - About the company
LanceDB is a series A company based in San Francisco (United States), founded in 2022 by Lei Xu and Chang She. It operates as a Developer of a unified data platform designed for multimodal data. LanceDB has raised $41M in funding from investors like Y Combinator, CRV and Theory Ventures. The company has 150 active competitors, including 16 funded and 1 that has exited. Its top competitors include companies like DataStax, VAST Data and Qdrant.
Company Details
Developer of a unified data platform designed for multimodal data. The platform supports storage, search, feature engineering, analytics, and training. It facilitates fast scans, random access, and large blob storage. The platform offers advanced retrieval capabilities, including hybrid search and filtering. It automates feature engineering with declarative, distributed, and versioned pre-processing. The platform also provides high-performance SQL for multimodal data exploration and optimized training pipelines.
- Website
- lancedb.com
- Email ID
- *****@lancedb.com
Key Metrics
Founded Year
2022
Location
San Francisco, United States
Stage
Series A
Total Funding
$41M in 3 rounds
Latest Funding Round
Investors
Ranked
10th among 150 active competitors
Employee Count
66 as on Sep 30, 2026
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LanceDB's funding and investors
LanceDB has raised a total funding of $41M over 3 rounds. Its first funding round was on Mar 2022. Its latest funding round was a Series A round on Jun 24, 2025 for $*****. 7 investors participated in its latest round. LanceDB has 10 institutional investors.
Here is the list of recent funding rounds of LanceDB:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 24, 2025 | 1953246 | Series A | 7236741 | 5290729 | 6973402 | 6986328 |
May 11, 2024 | 1184390 | Seed | 7217370 | 4436562 | 6741758 | |
Mar 2022 | 3647622 | Seed | 4860368 | 5775955 | 5172509 |
View details of LanceDB's funding rounds and investors
LanceDB's founders and board of directors
Founder? Claim ProfileHere are the details of LanceDB's key team members:
- Lei Xu: Co-Founder / CTO of LanceDB.
- Chang She: CEO / Co-Founder of LanceDB and founder of 1 other company. Contact Info: 1 email address
View details of LanceDB's Founder profiles and Board Members
LanceDB's employee count trend
LanceDB has 66 employees as of Sep 26. Here is LanceDB's employee count trend over the years:
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LanceDB's Competitors and alternates
Top competitors of LanceDB include DataStax, VAST Data and Qdrant. Here is the list of Top 10 competitors of LanceDB, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | DataStax 2010, Santa Clara (United States), Acquired | Provider of data management and AI application development infrastructure solutions | $305M | 68/100 | |
2nd | VAST Data 2016, New York City (United States), Series F | Developer of an operating system unifying storage, database, and compute | $841M | 67/100 | |
3rd | Developer of vector search engine for AI retrieval and similarity matching | $87.8M | 65/100 | ||
4th | Pinecone Systems 2016, San Mateo (United States), Series B | Developer of a vector database for AI application production at scale | $138M | 65/100 | |
5th | Weaviate 2019, Amsterdam (Netherlands), Series B | Developer of a vector database for AI-powered search and applications | $50M | 58/100 | |
6th | Dnotitia 2023, Seoul (South Korea), Series A | Developer of vector database and edge AI device for LLMs | $76.3M | 54/100 | |
7th | AI powered vector database platform | $31M | 49/100 | ||
8th | Sqream 2010, New York City (United States), Series C | Developer of a GPU-native data acceleration platform for AI factories | $118M | 48/100 | |
9th | Provider of an auditable context engine for artificial intelligence agents | $1.35M | 47/100 | ||
10th | LanceDB 2022, San Francisco (United States), Series A | Developer of a unified data platform designed for multimodal data | $41M | 46/100 |
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LanceDB's Investments and acquisitions
LanceDB has made no investments or acquisitions yet.
Reports related to LanceDB
Here is the latest report on LanceDB's sector:
News related to LanceDB
•
LanceDB raises $11M to build an open-source multimodal AI database for app developmentDnyuz•May 15, 2024•LanceDB, Y Combinator, Essence VC, Swift Ventures
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