Weaviate
Seedtable Score
52
Startups
3
Funding Rounds
4
Investors
$67.7m
Money raised
Overview
Weaviate is an open-source vector database designed for AI applications, targeting enterprises dealing with high-dimensional data. Based in Amsterdam, it follows a B2B SaaS model. By focusing on efficient storage and management of complex AI data, Weaviate addresses scalability and data retrieval speed issues that traditional and proprietary databases often face. Backed by investors like Index Ventures and New Enterprise Associates, Weaviate has strong market potential. Its open-source nature encourages community-driven enhancements and offers businesses a customizable and cost-effective solution for advanced AI processing.
- Website: https://weaviate.io
- Business model: b2b, saas
- Company size: 11 - 51 employees
- Headquarters: Amsterdam, Netherlands
- Founded: 2019
- Social accounts: Twitter Linkedin
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Investors (4)
Funding
Funding series
Funding Series Analysis
The company Weaviate has raised a total of $67.7m in funding over 3 rounds.
Key Insights:
- Series B: $50m
- Seed: $1.2m
- Series A: $16.5m
Weaviate Seed (2020, $1M)
$1.2m
Weaviate Series B (2023, $50M)
$50m
Weaviate Series A (2022, $16M)
$16.5m