Managed vector database powering retrieval-augmented generation (RAG) for AI applications
AI📍 San Mateo, CAFounded 2019
Current Valuation
$750M
as of 2023-Q2
PRIVATE
IPO Outlookprivate
Is Pinecone going public?
No. Pinecone has no imminent IPO plans on record. It is still private.
What is Pinecone's valuation in 2026?
Pinecone is valued at $750M as of 2023-Q2, set by its Series B ($100M, Apr 2023). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Pinecone is the dominant managed vector database for retrieval-augmented generation. Founded by Edo Liberty, who built Amazon SageMaker's vector search infrastructure. Pioneered serverless vector search in 2024, dramatically reducing the cost of running RAG at scale. Powers AI applications at Notion, Microsoft, Gong, Shopify, and thousands of AI startups.
Company Profile
CEO
Edo Liberty
Founded
2019
HQ
San Mateo, CA
Employees
~100
Total Raised
$138M
Growth
Strong (open-source ecosystem flywheel)
Last Round
Series B — $100M (Apr 2023) · Lead: Andreessen Horowitz
IPO Status
no imminent plans
Fundraising Status
Series B · $100M · 3y 4mo ago
no imminent plansTotal raised $138M
Secondary Market
Implied price / share
$1.66
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series B
$100M
Apr 2023
Andreessen Horowitz
—
Vertical Intelligence — AI / ML
Open models
15
verified organization
Downloads (30d)
833
across all models
Followers
84
Top model
ConstBERT
381 downloads / 30d
Attributed to Hugging Face organization "Pinecone" as of 2026-08-19. Open-weights footprint only — closed-model usage is not publicly measurable. Verify on Hugging Face ↗
Talent Signal
Hiring trend
● First snapshot
trend accrues with monthly sweeps
Open roles
8
via ashby
Product-build share
63%
engineering, research, product, design
Trajectory
steady
product-led hiring — 63% of open roles build product; the rest are go-to-market and G&A.
Counted from Pinecone's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
AI InfrastructureVector DatabaseRAGDeveloper Tools
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2023-Q2. Refreshed quarterly.