Pinecone builds a serverless vector database used to power retrieval and search for AI applications, including the retrieval-augmented generation systems many large language model products depend on. The company was founded in 2019 by Edo Liberty, who previously led Yahoo's research lab in New York after completing a PhD in computer science at Yale.
Pinecone has raised $138 million in total funding, including a $100 million Series B in April 2023 that valued the company at $750 million. Investors include Andreessen Horowitz, ICONIQ, Menlo Ventures, Wing Venture Capital, and Tiger Global. The company is headquartered in New York, with additional offices in San Francisco and Tel Aviv.