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LanceDB

Open-source, serverless vector database for AI

Controller

Full-Time
$225k - $250k/yr
Expert
United States
Remote
AccountingFinancial Accounting

About the job

Requirements
  • At least 8 years of progressive accounting experience, ideally at a high-growth technology or SaaS company.
  • A proven track record of building accounting functions, systems, processes, and controls from the ground up and scaling them as the business grows.
  • A strong technical accounting foundation and deep understanding of United States generally accepted accounting principles (US GAAP).
  • Experience partnering cross-functionally with Legal, People, Operations, and executive leadership.
  • Experience hiring, developing, and managing an accounting team.
Responsibilities
  • Lead day-to-day accounting operations, including accounts payable, accounts receivable, payroll accounting, fixed assets, accruals, prepaids, and general ledger management.
  • Own the monthly, quarterly, and annual financial close process, including preparation of financial statements and supporting schedules, to deliver accurate and timely financial results.
  • Own and continuously improve the company's financial systems and accounting technology stack, including the enterprise resource planning (ERP) system and related integrations, with a focus on scalability, accuracy, automation, and efficiency.
  • Oversee corporate income tax, sales and use tax, payroll tax, and other applicable federal, state, and local tax and licensing requirements in partnership with external advisors.
  • Prepare the company for increasing financial complexity, including future fundraising, audit requirements, and potential international expansion, by establishing scalable processes, controls, and reporting infrastructure.
  • Serve as a trusted financial partner to the CFO, executives, and cross-functional leaders, translating accounting and financial issues into clear business implications and actionable recommendations.
  • Attract, hire, develop, and retain the accounting team as the company scales.
  • Manage the outsourced accounting firm and serve as a hands-on leader and mentor to the team.
Desired Qualifications
  • CPA or equivalent accounting qualification.
  • Experience at a venture-backed, Series B or later technology company.
  • Experience implementing an enterprise resource planning (ERP) system and broader finance technology stack.
  • Experience with revenue recognition for subscription or usage-based business models.
  • Experience supporting investor relations.
  • Experience working with lean, distributed, and remote-first teams.

About the company

LanceDB is an open-source vector database designed for AI applications, storing and managing high-dimensional vectors and multimodal data. It runs serverlessly with a compute-storage split to lower costs and offers multiple indexing options, including vector indexes, for fast queries; it provides hybrid search by combining semantic and full-text search as point lookups inside the database. Its open-core model plus a managed cloud (LanceDB Cloud) for enterprises gives it a cost-aware and scalable option compared to traditional managed databases. The goal is to provide developers with a production-ready, scalable, and cost-efficient datastore for AI embeddings and multimodal data, enabling easy deployment and integration for AI-powered apps.

Company Size

51-200

Company Stage

Series A

Total Funding

$38.1M

Headquarters

San Francisco, California

Founded

2022

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Simplify's Take

What believers are saying

  • Series A closed July 22, 2026, led by Theory Ventures and Databricks Ventures.
  • Hugging Face integration and DuckDB SQL retrieval expanded distribution during 2026.
  • Reverie Summit on August 11, 2026, positioned LanceDB inside physical-AI and world-model spending.

What critics are saying

  • Open-source usage can commoditize LanceDB before Enterprise monetization matures in 2026.
  • Databricks, Snowflake, and OpenSearch already bundle adjacent retrieval features, squeezing LanceDB adoption.
  • If LanceDB misses enterprise-scale reliability, customers like ByteDance shift critical workloads elsewhere.

What makes LanceDB unique

  • LanceDB’s Lance format powers multimodal data, with v0.38.0 released August 31, 2026.
  • CrewAI rebuilt agent memory on LanceDB, citing 2B+ executions on August 3, 2026.
  • ByteDance Volcano Engine used Lance for 100K+ QPS and seven-day-to-one-day pipelines.

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Benefits

Remote Work Options

Hybrid Work Options

Flexible Work Hours

Health Insurance

Dental Insurance

Vision Insurance

Wellness Program

Mental Health Support

Professional Development Budget

Conference Attendance Budget

Stock Options

Company Equity

401(k) Retirement Plan

401(k) Company Match

Phone/Internet Stipend

Home Office Stipend

Meal Benefits

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Family Planning Benefits

Fertility Treatment Support

Adoption Assistance

Childcare Support

Elder Care Support

Relocation Assistance

Pet Insurance

Gym Membership

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%
LanceDB
Jun 25th, 2025
LanceDB Raises $30M Series A to Build the Multimodal Lakehouse

We have closed another funding round to accelerate development of the Multimodal Lakehouse - a unified platform for AI data infrastructure.

India Pioneer
Jun 24th, 2025
LanceDB Secures $30 Million to Scale Multimodal AI Infrastructure

Bengaluru, June 24, 2025 - LanceDB, an open-source platform designed to handle large-scale multimodal AI workloads, has raised $30 million in its latest funding round.

Finimize
Jun 24th, 2025
LanceDB Secures $30M Series A Funding

LanceDB has secured $30 million in Series A funding to enhance its AI data platform, with major investors like Theory Ventures and Y Combinator participating. The funding will support LanceDB's efforts to integrate multimodal data types, such as text, video, images, and audio, which are crucial for advancing AI capabilities. This investment reflects confidence in LanceDB's strategy to help enterprises manage complex data workflows, essential for future AI models.

SiliconANGLE Media
May 15th, 2024
LanceDB raises $8M to speed up AI models with its open-source vector database

LanceDB raises $8M to speed up AI models with its open-source vector database - SiliconANGLE

TechCrunch
May 15th, 2024
LanceDB, which counts Midjourney as a customer, is building databases for multimodal AI

Backed by Y Combinator, LanceDB this month raised $8 million in a seed funding round led by CRV, Essence VC and Swift Ventures, bringing its total raised to $11 million.