Total amount raised
$28 Millions
Latest funding date
10/01/2024
Location
Voyage AI has developed advanced embedding models and rerankers to enhance search and retrieval for unstructured data. The technology boasts high accuracy, low dimensionality, low latency, cost efficiency, long-context capabilities, and modularity.
Keep reading to explore the intricacies of Voyage AI's fundraising journey and the investors backing this innovative platform.
What Is Voyage AI?
Voyage AI is a company specializing in AI-driven search and retrieval solutions for unstructured data. Their technology leverages advanced embedding models and rerankers to deliver high accuracy, low dimensionality, low latency, cost efficiency, and long-context capabilities.
Voyage AI offers a range of models, including general-purpose, domain-specific, and company-specific options. Their solutions are modular and can be deployed across various platforms. Recently, Voyage AI has become part of MongoDB, Inc.
How Much Funding Has Voyage AI Raised?
- Seed Round
- Amount Raised: $8M
- Date: October 2024
- Lead Investors: Wing Venture Capital
- Series A
- Amount Raised: $20M
- Date: October 2024
- Lead Investors: CRV
Voyage AI has raised a total of $28M in funding.
Key Investors
- Wing Venture Capital
- Details: Wing Venture Capital is a venture capital firm that focuses on early-stage, transformative technology companies. They aim to support startups that are redefining industries through innovation.
- Investment Focus Areas: Enterprise technology, data infrastructure, cybersecurity
- Notable Investments: Snowflake, Cohesity, Gong.io
- CRV
- Details: CRV, formerly known as Charles River Ventures, is one of the oldest and most successful venture capital firms in the United States. They have a strong track record of investing in early-stage companies that go on to become market leaders.
- Investment Focus Areas: SaaS, consumer tech, healthcare
- Notable Investments: Twitter, DoorDash, Zendesk
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