Weaviate

Weaviate

Vector search technology for data retrieval

About Weaviate

Simplify's Rating
Why Weaviate is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Data & Analytics

AI & Machine Learning

Company Size

51-200

Company Stage

Series B

Total Funding

$67.7M

Headquarters

Amsterdam, Netherlands

Founded

2019

Overview

Weaviate focuses on vector search technology, which uses mathematical vectors to represent data for more meaningful information retrieval. It offers both an open-source version and a managed service called the Weaviate Cluster Service, catering to different user needs. The company operates on a subscription model, providing enterprises with a fully managed environment and direct support. Weaviate aims to deliver reliable and scalable search solutions that enhance user experience across various sectors.

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Simplify's Take

What believers are saying

  • Integration with AWS, Google Cloud, and Azure expands enterprise market reach.
  • Weaviate Embeddings offers a new revenue stream for AI data vectorization.
  • AI agents enhance data management, increasing appeal to enterprises.

What critics are saying

  • Competition from vector database providers like Pinecone and Milvus is increasing.
  • Over-reliance on cloud partnerships could pose vulnerabilities if partnerships change.
  • Rapid AI evolution may outpace Weaviate's offerings, requiring continuous innovation.

What makes Weaviate unique

  • Weaviate specializes in vector search technology, enhancing data retrieval by meaning.
  • It integrates with AI frameworks like OpenAI and Huggingface Transformers.
  • Weaviate offers both open-source and managed services, catering to diverse client needs.

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Funding

Total Funding

$67.7M

Above

Industry Average

Funded Over

3 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
$45M
Linktree
$50M
Weaviate
$65M
Substack
$100M
ClickUp

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

-3%

2 year growth

0%
Market News 24
Mar 7th, 2025
Weaviate Launches New Agents to Streamline Complex Data Workflows and Enhance Efficiency in Data Management

Weaviate launches new Agents to streamline complex data workflows and enhance efficiency in Data Management.

Weaviate
Mar 5th, 2025
Introducing the Weaviate Query Agent

Weaviate is incredibly excited to announce that Weaviate has released a brand new service for its Serverless Weaviate Cloud users (including free Sandbox users) to preview, currently in Alpha: the Weaviate Query Agent!

Market News 24
Mar 4th, 2025
Weaviate Launches Full Stack Weaviate Agents: Transforming AI and Data Management for Seamless Integration and Efficiency

Weaviate, a leading vector database developer, has just unveiled a new feature called Weaviate Agents.

VentureBeat
Dec 31st, 2024
Unlocking Value From Data: How Ai Agents Conquered 2024

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. If 2023 was the year of generative AI-powered chatbots and search, 2024 was all about AI agents. What started from Devin earlier this year grew into a full-blown phenomenon, offering enterprises and individuals a way to transform how they work at different levels, from programming and development to personal tasks such as planning and booking tickets for a holiday.Among these wide-ranging applications, we also saw the rise of data agents this year — AI-powered agents that handle different types of tasks across the data infrastructure stack. Some did basic data integration work while others handled downstream tasks, such as analysis and management in the pipeline, making things simpler and easier for enterprise users. The benefits were improved efficiency and cost savings, leading many to wonder: How will things change for data teams in the years to come?Gen AI Agents took over data tasksWhile agentic capabilities have been around for some time, allowing enterprises to automate certain basic tasks, the rise of generative AI has taken things entirely to the next level.With gen AI’s natural language processing and tool use capabilities, agents can go beyond simple reasoning and answering to actually planning multi-step actions, independently interacting with digital systems to complete actions while collaborating with other agents and people at the same time. They also learn to improve their performance over time.Cognition AI’s Devin was the first major agentic offering, enabling engineering operations at scale

The New Stack
Dec 21st, 2024
Developers Testing More, JetBrains Study Finds

Vector database company Weaviate launched a new hosted embedding service for AI applications this month.

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