Neeva

Neeva

Ad-free AI-powered search with subscriptions

Overview

Neeva provides an AI-powered search engine that delivers personalized results without advertisements. The platform works by using artificial intelligence to find and organize information from the web and a user's connected apps, presenting the most relevant answers in a clean interface. Unlike traditional search engines that rely on tracking and ad revenue, Neeva uses a subscription-based model to ensure user data remains private and search results stay unbiased. The company's goal is to offer a secure and efficient search experience where the user, rather than the advertiser, is the primary customer.

About Neeva

Simplify's Rating
Why Neeva is rated
C-
Rated C on Competitive Edge
Rated D+ on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consumer Software

AI & Machine Learning

Company Size

11-50

Company Stage

Series B

Total Funding

$77.5M

Headquarters

Mountain View, California

Founded

2019

Simplify Jobs

Simplify's Take

What believers are saying

  • Snowflake acquired Neeva for $185.4M on May 24, 2023, boosting enterprise AI search.
  • Neeva's 40 employees, including founders Ramaswamy and Raghunathan, joined Snowflake.
  • Neeva's tech powers Snowflake Cortex Search for conversational data querying.

What critics are saying

  • Neeva shut down consumer search on June 2, 2023, eliminating all subscription revenue.
  • Snowflake's Q1 2024 revenue slowdown devalues Neeva's integrated contributions.
  • Databricks and Snowflake Cortex commoditize Neeva's LLM-based search tech.

What makes Neeva unique

  • Neeva pioneered ad-free, subscription-based, privacy-focused search engine in 2019.
  • Neeva specialized in small language models for latency reduction and inexpensive deployment.
  • Neeva integrated generative AI for hybrid search using partners like Bing and Yelp.

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Funding

Total Funding

$77.5M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$40M
Neeva
$45M
Linktree
$65M
Substack
$100M
ClickUp

Company News

Corporate Maldives
Jun 7th, 2023
A New Search Engine ‘Neeva’ to be Launched by former Google Ad boss Ramaswamy

Corporate Maldives | Leading Business Resource of the Maldives

ITmedia
May 25th, 2023
LLMと生成AIを手掛ける検索企業NeevaをSaaS型データウェアハウスのSnowflakeが買収

SaaS型データウェアハウスを手掛けるSnowflakeは検索エンジン企業Neevaを買収すると発表した。NeevaはLLMと生成AIも手掛けている。Snowflakeはデータクラウド全体にNeevaのエンジンを導入する計画。

InfoWorld
May 24th, 2023
Snowflake acquires Neeva to add generative AI-based search to Data Cloud | InfoWorld

Neeva, which has raised over $77 million in funding till date from firms such as Greylock and Sequoia, was founded in 2019 by Sridhar Ramaswamy and Vivek Raghunathan.

NetAns
May 22nd, 2023
Searching for Answers: Neeva Search Engine to Cease Operations From This Date

Interestingly, Neeva was named one of Time’s Best Inventions of 2021.

CRYPTOMERIA LABS PTE. LTD.
May 22nd, 2023
Neeva Ceases Consumer Search Engine, Shifts Focus to AI | Metaverse Post

Neeva, once the ambitious competitor to Google, has decided to shut down its consumer search engine to focus on AI.

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