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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 100 active competitors, including 15 funded and 1 that has exited. Its top competitors include companies like VAST Data, Pinecone Systems 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.
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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
Employee Count
55 as on Jul 31, 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
9290094
Series A
5945223
2669371
4186719
9558930
May 11, 2024
2243797
Seed
7190092
5305274
5210349
Mar 2022
8802649
Seed
2215238
4033278
1958337
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LanceDB's founders and board of directors

Founder? Claim Profile
The founders of LanceDB are Lei Xu and Chang She. Chang She is the CEO of LanceDB.
Here are the details of LanceDB's key team members:

LanceDB's employee count trend

LanceDB has 55 employees as of Jul 26. Here is LanceDB's employee count trend over the years:
Employee count trend for LanceDB
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LanceDB's Competitors and alternates

Top competitors of LanceDB include VAST Data, Pinecone Systems and Qdrant. Here is the list of Top 10 competitors of LanceDB, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for VAST Data
VAST Data
2016, New York City (United States), Series F
Developer of an operating system unifying storage, database, and compute
$841M
65/100
2nd
Logo for Pinecone Systems
Pinecone Systems
2016, San Mateo (United States), Series B
Developer of a vector database for AI application production at scale
$138M
64/100
3rd
Logo for Qdrant
Qdrant
2020, Berlin (Germany), Series B
Developer of vector search engine for AI retrieval and similarity matching
$87.8M
63/100
4th
Logo for Weaviate
Weaviate
2019, Amsterdam (Netherlands), Series B
Developer of a vector database for AI-powered search and applications
$50M
61/100
5th
Logo for DataStax
DataStax
2010, Santa Clara (United States), Acquired
Provider of data management and AI application development infrastructure solutions
$305M
60/100
6th
Logo for Dnotitia
Dnotitia
2023, Seoul (South Korea), Series A
Developer of vector database and edge AI device for LLMs
$76.3M
54/100
7th
Logo for Sqream
Sqream
2010, New York City (United States), Series C
Developer of a GPU-native data acceleration platform for AI factories
$118M
52/100
8th
Logo for Alchemyst
Alchemyst
2023, Bengaluru (India), Seed
Provider of an auditable context engine for artificial intelligence agents
$1.35M
49/100
9th
Logo for Vespa
Vespa
2017, Trondheim (Norway), Series A
AI powered vector database platform
$31M
48/100
10th
Logo for LanceDB
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

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News related to LanceDB

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