About Vectara
Vectara is a company based in Palo Alto (United States) founded in 2020 by Amr Awadallah and Tallat M Shafaat.. Vectara has raised $73.5 million across 3 funding rounds from investors including Race Capital, Emad Mostaque and FPV Ventures. Vectara offers products and services including AI Assistants, AI Agents, and Retrieval Model.
- Headquarter Palo Alto, United States
- Founders Amr Awadallah, Tallat M Shafaat
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$73.5 M (USD)
in 3 rounds
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Latest Funding Round
$25 M (USD), Series A
Jul 16, 2024
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Investors
Race Capital
& 11 more
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Employee Count
Employee Count
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Products & Services of Vectara
Vectara offers a comprehensive portfolio of products and services, including AI Assistants, AI Agents, and Retrieval Model. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables question answering through research plans and information sources.
Facilitates task execution and action plans on behalf of users.
Optimizes embedding and retrieval for speed and accuracy in searches.
Unlock access to complete
Funding Insights of Vectara
Vectara has successfully raised a total of $73.5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $25 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $25.0M
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First Round
First Round
(12 Oct 2022)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series A - Vectara | Valuation | FPV Ventures , Race Capital | |
| May, 2023 | Amount | Seed - Vectara | Valuation | Race Capital | |
| Oct, 2022 | Amount | Seed - Vectara | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Vectara
Vectara has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Race Capital, Emad Mostaque and FPV Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund investing in tech startups
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Founded Year | Domain | Location | |
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Investments are provided to mission-driven founders by FPV Ventures.
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Founded Year | Domain | Location | |
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Venture capital investing and portfolio management services for accredited investors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vectara
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Vectara
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vectara Comparisons
Competitors of Vectara
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vectara
Frequently Asked Questions about Vectara
When was Vectara founded?
Vectara was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Vectara located?
Vectara is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Vectara?
Amr Awadallah is the current CEO of Vectara. They have also founded this company.
Is Vectara a funded company?
Vectara is a funded company, having raised a total of $73.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $20M, raised on Oct 12, 2022.
What does Vectara do?
Vectara was founded in 2020 and is headquartered in Palo Alto, United States. The company operates in the text analytics sector, providing an API-based platform that incorporates machine learning for search pipelines, including extraction, indexing, retrieval, re-ranking, and calibration. Services encompass document search and semantic search functionalities. Access is structured through a subscription-based pricing model, supporting cloud-based operations for various applications.
What products or services does Vectara offer?
Vectara offers AI Assistants, AI Agents, and Retrieval Model.
Who are Vectara's investors?
Vectara has 12 investors. Key investors include Race Capital, Emad Mostaque, FPV Ventures, Alumni Ventures, and WVV Capital.
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