Pinecone Systems - About the company
Pinecone Systems is a series B company based in San Mateo (United States), founded in 2016. It operates as a Developer of a vector database for AI application production at scale. Pinecone Systems has raised $138M in funding from investors like Andreessen Horowitz, Menlo Ventures and Wing Venture Capital, with a current valuation of $*****. The company has 126 active competitors, including 15 funded and 1 that has exited. Its top competitors include companies like DataStax, VAST Data and Qdrant.
Company Details
Developer of a vector database for AI application production at scale. The database delivers relevant results at any scale for various applications. It offers capabilities for precise search across dynamic datasets, optimized recall, and real-time indexing. The platform supports embeddings, filters, full-text search, rerankers, and namespaces.
- Website
- www.pinecone.io/
- Social
- Email ID
- *****@pinecone.io
- Registered Address
- 548 MARKET ST,SAN FRANCISCO,CA,94104,0
Key Metrics
Founded Year
2016
Location
San Mateo, United States
Stage
Series B
Total Funding
$138M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 31, 2023
Investors
Ranked
3rd among 126 active competitors
Employee Count
138 as on Sep 30, 2026
Legal entities associated with Pinecone Systems
Pinecone Systems is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PINECONE SYSTEMS, INC. CIN: 32084229098 , United States, Active | Dec 20, 2022 | - | - | - |
Sign up to download Pinecone Systems' company profile
Pinecone Systems's funding and investors
Pinecone Systems has raised a total funding of $138M over 3 rounds. Its first funding round was on Jan 27, 2021. Its latest funding round was a Series B round on Apr 27, 2023 for $*****. 4 investors participated in its latest round. Pinecone Systems has 5 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Pinecone Systems:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 27, 2023 | 5139587 | Series B | 5689400 | 3825517 | 9893196 | 2679115 |
Mar 29, 2022 | 7678500 | Series A | 3898896 | 9735194 | 1076094 | |
Jan 27, 2021 | 9165220 | Seed | 2817574 | 6725943 | 9469831 |
Access funding benchmarks and valuations. Sign up today!View details of Pinecone Systems's funding rounds and investors
Pinecone Systems' founders and board of directors
Founder? Claim ProfilePinecone Systems' Board of Directors
Pinecone Systems's board has 8 active members. Peter Levine, Peter Wagner, Ilan Stern, Tim Tully, Lior Ehrenfeld, Edo Liberty, Bob Wiederhold and Robert Wiederhold are independent board members.Here is the list of Pinecone Systems' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 3y 4m | |
{lepdbt | Independent board member | - | Current | 9y 2m |
ktaxdhf | Independent board member | - | Current | 4y 8m |
vdzhhaq | Independent board member | - | Current | 3y 6m |
ttbzdjl | Independent board member | - | Current | 6y 4m |
ngaacyu | Independent board member | - | Current | 8y 3m |
kbngxtr | Independent board member | - | Current | 4y 3m |
cthdsck | Independent board member | - | Current | 5y 5m |
Pinecone Systems' employee count trend
Pinecone Systems has 138 employees as of Sep 26. Here is Pinecone Systems's employee count trend over the years:
Uncover Pinecone Systems' growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Pinecone Systems's Competitors and alternates
Top competitors of Pinecone Systems include DataStax, VAST Data and Qdrant. Here is the list of Top 10 competitors of Pinecone Systems, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
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 | 72/100 | |
2nd | VAST Data 2016, New York City (United States), Series F | Developer of an operating system unifying storage, database, and compute | $841M | 64/100 | |
3rd |  Pinecone Systems 2016, San Mateo (United States), Series B | Developer of a vector database for AI application production at scale | $138M | 64/100 | |
4th | Developer of vector search engine for AI retrieval and similarity matching | $87.8M | 63/100 | ||
5th | Weaviate 2019, Amsterdam (Netherlands), Series B | Developer of a vector database for AI-powered search and applications | $50M | 62/100 | |
6th | Dnotitia 2023, Seoul (South Korea), Series A | Developer of vector database and edge AI device for LLMs | $76.3M | 54/100 | |
7th |  Sqream 2010, New York City (United States), Series C | Developer of a GPU-native data acceleration platform for AI factories | $118M | 52/100 | |
8th | AI powered vector database platform | $31M | 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 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Pinecone Systems's competitors? Click here to see the top ones
Pinecone Systems's Investments and acquisitions
Pinecone Systems has made no investments or acquisitions yet.
Reports related to Pinecone Systems
Here is the latest report on Pinecone Systems's sector:
News related to Pinecone Systems
Filter this listMedia has covered Pinecone Systems for a total of 15 events in the last 1 year, 10 of them have been about company updates and 3 about partnerships.
•
Pinecone Introduces Nexus Engine for Compiling Business Context into Structured Data for AI AgentsInfoQ•Jul 18, 2026•Pinecone Systems
•
Pinecone Launches Nexus for Enhanced AI Agent Knowledge CurationSiliconAngle•Jul 02, 2026•Pinecone Systems
•
Global Objects Announces Strategic Collaboration with Microsoft to Build the Ground-Truth Foundation for Physical AI on Microsoft AzureBusiness Wire•Jun 03, 2026•Global Objects, Microsoft, Pinecone Systems
•
•
Pinecone Expands to Europe with New Frankfurt Cloud Region for AI Knowledge InfrastructurePR Newswire•May 04, 2026•Pinecone Systems
•
Pinecone Launches First Serverless Region in Asia with New Singapore Cloud Region, Expanding AI Knowledge Infrastructure to Asia-PMedia Bulletins•May 04, 2026•Pinecone Systems
•
ZoomInfo and Pinecone Bring Real-Time, AI-Powered Contact Recommendations to Go-to-Market TeamsPR Newswire•Apr 15, 2026•Pinecone Systems, ZoomInfo
•
Former ByteDance Executives Raise Eight-Figure Angel Round for AI Comics Startup “Pinecone Moment”Pandaily•Jan 29, 2026•Pinecone Systems
•
Pinecone Mobility Files for HKEX Listing, Operates 454,000+ Shared E-Bikes, Turns ProfitablePandaily•Jan 05, 2026•Pinecone Systems
•
Pinecone Introduces Dedicated Read Nodes for Predictable Vector WorkloadsInfoQ•Dec 23, 2025•Pinecone Systems
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Pinecone Systems
Explore our recently published companies
- Cfo Connect - 1999 founded, Unfunded company
- Dr. Hubertus Porschen - Germany based, 2017 founded, Public company
- LaingBuisson - London based, 1986 founded, Unfunded company
- Lime Tree - Belgium based, Unfunded company
- Press Start - San Francisco based, 2019 founded, Unfunded company
- Vivert Bienestar Ambiental - Spain based, 2026 founded, Unfunded company
