Managed vector database powering retrieval-augmented generation (RAG) for AI applications
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.
AI📍 San Mateo, CAFounded 2019
Current Valuation
$750M
as of 2023-Q2
PRIVATE
QL Price
$750M
0% vs last round
QuantLogix's current estimate for Pinecone, published 2026-10-07 — in line with the last disclosed round of $750M (2023-Q2).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round
$750M
2023-Q2
weight 0.1
Secondary market print
$750M
2026-06-27
weight 0.54
How this price has held up
No round has priced for Pinecone since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Pinecone, 2026-10-07 (b0ca11141809b354).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
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.
Pinecone has raised $138M in total, most recently a Series B of $100M in Apr 2023.
Is Pinecone publicly traded — can you buy Pinecone stock?
No. Pinecone is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Pinecone on its Pre-IPO Access Desk.
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.
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 6mo 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)
1,305
across all models
Followers
87
Top model
ConstBERT
963 downloads / 30d
Attributed to Hugging Face organization "Pinecone" as of 2026-10-04. Open-weights footprint only — closed-model usage is not publicly measurable. Verify on Hugging Face ↗
Talent Signal
Hiring trend
▼ Hiring downtrend
-12% vs 2026-08
Open roles
7
via ashby
Product-build share
86%
engineering, research, product, design
Trajectory
strengthening
heavy product build — 86% of open roles are product-building functions (engineering/research/product) — 6 of 7 open roles are engineering.
Recent senior hire: 1 senior hire (CEO); open roles trending down.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
Key Executive Moves
INAsh AshutoshCEO · 2026-08-23
From trusted-source news extraction (deep-enrich pipeline); dates approximate publication, not effective date.
Counted from Pinecone's live job board as of 2026-09-16; 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.