When was Marqo founded?

Marqo was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is Marqo located?

Marqo is headquartered in Melbourne, Australia.

Who is the current CEO of Marqo?

Tom Hamer of Marqo. They have also founded 1 company.

How many employees does Marqo have?

As of May 31, 2026, the latest employee count at Marqo is 40.

Is Marqo a funded company?

Marqo is a funded company, having raised a total of $18.4M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 2022.

When was the latest funding round of Marqo?

Marqo's latest funding was a $***** Series A round on Feb 13, 2024, with participation from 4 investors.

Where does Marqo rank among its competitors?

Marqo ranks 16th amongst 504 active competitors, of which 99 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was You Technologies, which secured $100M in Sep, 2025.

Who are the top competitors of Marqo?

Marqo's top competitors include Glean, You Technologies and Elastic. Among them, You Technologies secured the most recent funding round in September, 2025.

Marqo - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of AI-native product discovery platform optimizing search relevance and conversion. The platform uses click-stream, purchase, and event data to deliver intelligent results. It offers features such as semantic relevance, typo tolerance, and multilingual comprehension. The platform adapts to shopper intent and behavior, shifting between results and conversational search. It automates ranking, boosts, and filters through AI, improving relevance and revenue.

Website: marqo.ai
Email ID: *****@marqo.ai

Key Metrics

Founded Year

2022

Location

Melbourne, Australia

Stage

Series A

Total Funding

$18.4M in 4 rounds

Latest Funding Round

Series A, Feb 13, 2024, $*****

Investors

Blackbird Ventures & 6 more

Ranked

16^th among 504 active competitors

Employee Count

40 as on May 31, 2026

Similar Companies

Glean & 1121 more

View Marqo's full profile

Marqo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
S2Search Australia Pty Ltd CIN: 11660091074 , Australia, Active	Jun 12, 2022	-	-	-

Marqo has raised a total funding of $18.4M over 4 rounds. Its first funding round was on May 2022. Its latest funding round was a Series A round on Feb 13, 2024 for $*****. 4 investors participated in its latest round. Marqo has 4 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Marqo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 13, 2024	6880381	Series A	6282194	7154887	6209086	3956304
Aug 16, 2023	5101750	Seed	3509303	8430170	2548423	Creator Fund & 3 more
Oct 12, 2022	6243200	Seed	4492674	8409468	Creator Fund	2672099

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View details of Marqo's funding rounds and investors

The founders of Marqo are Tom Hamer and Jesse Clark. Tom Hamer is the CEO of Marqo.

Here are the details of Marqo's key team members:

Tom Hamer: Co-Founder & CEO of Marqo.
Contact Info: 1 email address
Jesse Clark: Co-Founder & CTO of Marqo.

View details of Marqo's Founder profiles and Board Members

Marqo's employee count trend

Marqo has 40 employees as of May 26. Here is Marqo's employee count trend over the years:

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Top competitors of Marqo include Glean, You Technologies and Elastic. Here is the list of Top 10 competitors of Marqo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Glean 2019, Palo Alto (United States), Series F	Cloud-based platform for enterprise search	$765M	Lightspeed Venture Partners, Wellington & 52 others	79/100
2nd	You Technologies 2020, Palo Alto (United States), Series C	AI-enabled key-word based private search engine	$199M	Georgian, Radical Ventures & 20 others	74/100
3rd	Elastic 2012, San Francisco (United States), Public	Cloud based text analytics platform	$104M	New Enterprise Associates, ADS Ventures & 10 others	72/100
4th	Primer 2015, San Francisco (United States), Series D	AI based text summarization and contextualization software tool	$237M	Addition, Lux Capital & 19 others	71/100
5th	Coveo 2004, Quebec City (Canada), Public	Provider of AI-powered search and recommendation solutions for enterprise businesses	$358M	Elliott Management, OMERS & 17 others	70/100
6th	Lucidworks 2007, San Francisco (United States), Series F	Provider of AI-powered search and discovery platform for digital experiences	$218M	Granite Ventures, Walden International & 10 others	69/100
7th	Sanalabs 2016, Stockholm (Sweden), Acquired	Developer of AI agents and an AI-native learning management system	$136M	New Enterprise Associates, Menlo Ventures ... & 18 others	68/100
8th	Graft 2021, San Francisco (United States), Acquired	Developer of an AI platform for enterprise knowledge management and search	$29M	Google Ventures, Radical Ventures & 5 others	66/100
9th	Hebbia 2020, New York City (United States), Series B	Generative AI agents for knowledge work	$161M	Index Ventures, Andreessen Horowitz & 13 others	64/100
10th	Guru 2013, Philadelphia (United States), Series C	AI platform for knowledge work, empowering teams with trusted information	$68M	FirstMark, Thrive Capital & 7 others	64/100
16th	Marqo 2022, Melbourne (Australia), Series A	Provider of AI-native product discovery platform optimizing search relevance and conversion	$18.4M	Lightspeed, January Capital & 5 others	60/100