Pineconerevenue, valuation & funding
Vector Database SoftwareSan Francisco, CaliforniaFounded 2019CEO Ash Ashutosh
Pinecone is the leading vector database for building accurate and performant AI applications at scale in production. Pinecone's mission is to make AI knowledgeable.
Pinecone revenue
Pinecone has not published its revenue. Tracxn puts it at about $26.6M a year (2024).
All 5 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Jun 2021 | $2.2M | – |
| Jun 2022 | $4.9M | – |
| Dec 2023 | $16MEST. | GetLatka estimate |
| 2024 | $26.6MEST. | Tracxn estimate |
| Dec 2025 | $14MEST. | GetLatka estimate |
– source not recorded
Pinecone valuation
Pinecone has not raised money in a priced round. Its last valuation on record, $750M, was set by a secondary sale of existing shares in November 2023.
Pinecone funding rounds & investors
Pinecone has raised $138M across three rounds since 2021. The latest was a $100M Series B in April 2023, led by Andreessen Horowitz.
| Date | Round | Raised | Valuation | Led by | Source |
|---|---|---|---|---|---|
| Apr 2023 | Series B | $100M | $750M | Andreessen Horowitz | TechCrunch |
| Mar 2022 | Series A | $28M | – | – | |
| Jan 2021 | Seed | $10M | – | – | |
| Total raised | $138M |
Not counted as funding
- Secondary share sale (not new capital) at a $750M valuation Nov 2023
Pinecone competitors
Pinecone competes most directly with ZILLIZ, Weaviate, qdrant, Vespa.ai and 1 other.
ZILLIZ
Weaviate
qdrant
Vespa.ai
LanceDBPinecone CEO, founders & employees
Ash Ashutosh founded Pinecone in 2019 with Edo Liberty and runs it as CEO. Pinecone has 128 employees (February 2026, pitchbook.com estimate), down from 200 a year earlier.
- Ash AshutoshCo-founder & CEO
- Edo LibertyCofounder
All 8 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Feb 2026 | 128EST. | pitchbook.com estimate |
| Dec 2025 | 127 | |
| Aug 2025 | 138 | |
| Oct 2024 | 200 | |
| Sep 2024 | 150 | Forbes |
| Jun 2023 | 142 | |
| Apr 2023 | 100 | TechCrunch |
| Jun 2022 | 54 |
Pinecone FAQ
How much money does Pinecone make?
Pinecone has not published its revenue. Tracxn estimates about $26.6M a year (2024).
How much is Pinecone worth?
Companies don't publish a net worth. The closest figure is Pinecone's valuation: $750M, set in Nov 2023.
Who owns Pinecone?
Pinecone is privately held by its founders, employees and investors, including Andreessen Horowitz.
Is Pinecone publicly traded?
No. Pinecone is a private company, so its shares are not listed on a stock exchange.
How much funding has Pinecone raised?
$138M across 3 rounds; the latest was a $100M Series B in April 2023.
Who is the CEO of Pinecone?
Ash Ashutosh, a co-founder.
Who founded Pinecone?
Edo Liberty and Ash Ashutosh, in 2019.
How many employees does Pinecone have?
About 128 as of February 2026 (pitchbook.com estimate).
Browse Vector Database Software
Categories
- All Vector Database Software companies, ranked
- Enterprise Search Software
- Cloud Platform as a Service (PaaS) Software
- Machine Learning Software
- Other Analytics Software
- Best IT Infrastructure Software
- Best Analytics Tools & Software
- Best Development Software
- Best Artificial Intelligence Software
- All industries
Companies in
How this page is sourced
8 from public sources · 4 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 7, 2026Data disclaimerReport a correctionClaim this profileRun Pinecone? Join the podcast