About Vespa.ai
Vespa.ai is a company based in Trondheim (Norway) founded in 2017 by Kristian Aune, Tim Young, Frode Lundgren, Kim Omar Johansen, and Jon Bratseth. It operates as a SaaS (Software-as-a-Service) and Managed Services. Vespa.ai has raised $31 million across 1 funding round. Vespa.ai offers products and services including Vespa AI Search Platform, Vespa Cloud, and Generative AI (RAG). Vespa.ai operates in a competitive market with competitors including DataStax, Weaviate, Qdrant, LanceDB and SeMI Technologies, among others.
- Total Equity Funding$31M (USD)
in 1 rounds
- Latest Funding Round$31M (USD), Series A
Nov 2023
Products & Services of Vespa.ai
Vespa.ai offers a comprehensive portfolio of products and services, including Vespa AI Search Platform, Vespa Cloud, and Generative AI (RAG).
Platform for AI-driven search and data applications.
Cloud-based solution for scalable AI search deployment.
Retrieval-Augmented Generation for enhanced AI search relevance.
Apps and channels of Vespa.ai
its YouTube channel vespaengine has 278 subscribers and 16 videos.
Videos from Vespa.ai
The most watched videos on Vespa.ai's YouTube channel, vespaengine (278 subscribers). Click a video to play it here.
More on vespaengine.
Funding Insights of Vespa.ai
Vespa.ai has successfully raised a total of $31M through 1 strategic funding round. The most recent funding activity was a Series A round of $31 million completed in November 2023. 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 $31M
- Total Rounds 1
- Last Round Series A — $31M
- First Round $31M
(Nov 2023)
All 1 funding rounds of Vespa.ai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2023 | $31M | Series A | – | – | – |
People of Vespa.ai
9 people are tracked at Vespa.ai (7 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Kristian Aune | Co-Founder & Head Of Customer Success | Leadership |
Tim Young | Co-Founder & CMO | Leadership |
Frode Lundgren | Co-Founder & CTO | Leadership |
Kim Omar Johansen | Co-Founder & COO | Leadership |
Jon Bratseth | Co-Founder & CEO | Leadership |
Harald Musum | Director Of Software Engineering | Leadership |
Bonnie Chase | Director Of Product Marketing | Leadership |
Andreas Eriksen | Principal Software Engineer | Team |
Cam Lui | GTM - North America | Team |
Complete people profiles for Vespa.ai
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of Vespa.ai
2 dated milestones of Vespa.ai across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Vespa.ai is founded.
- Funding First funding round of $31.0M.
Competitors of Vespa.ai
Vespa.ai operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DataStax, Weaviate, Qdrant, LanceDB and SeMI Technologies, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| datastax.com | 2010 | Santa Clara, United States | $305M | 422 | Cloud based database platform for enterprises | |
| weaviate.io | 2019 | Amsterdam, Netherlands | $50M | – | Vector database for AI-powered search and applications is developed. | |
| qdrant.tech | 2020 | Berlin, Germany | $37.77M | – | AI-powered vector database for data search and management. | |
| lancedb.com | 2022 | San Francisco, United States | $44M | – | Developer of a unified data platform designed for multimodal data | |
| semi.technology | 2019 | Amsterdam, Netherlands | $17.6M | – | Offers AI and cloud-based storage solutions for objects and vectors. | |
| superduperdb.com | 2023 | Berlin, Germany | $1.75M | – | Open source based vector database for AI app development | |
| bageldb.ai | 2023 | Delaware, United States | – | – | Blockchain-based app development platform for AI data |
Detailed competitors of Vespa.ai
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Vespa.ai
The website of Vespa.ai (vespa.ai) receives about 60.4K visits a month.
- Monthly visits60.4K
▼ 4.3% vs previous month
Websites whose visitors overlap most with Vespa.ai. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
abapacademy.com | abapacademy.com | 100% | – | #1,914,157 | – |
| github.com | 89% | 542.6M | #65 | View details | |
| fossunited.org | 84% | – | #414,842 | View details | |
opendistro.github.io | opendistro.github.io | 84% | – | #3,849,292 | – |
disnetern.ru | disnetern.ru | 84% | – | #2,149,891 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Vespa.ai
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Vespa.Ai
Complete news archive for Vespa.ai
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Vespa.ai
10 companies that operate in the same segment as Vespa.ai (AI Core Platforms & Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 167.95 B | – | – | |
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 66.81 B | – | – | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 | |
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 36,000 | |
A platform for the AI community to collaborate and build. | 2016 | Paris, France | USD 399.91 M | – | – | |
Digital marketing, data analytics, and IT services are provided globally. | 1981 | Bengaluru, Karnataka, India | – | USD 19.08 B | 323,580 | |
Machine learning model development and management solutions are provided. | 2017 | San Francisco, California, United States | USD 250 M | – | 150 | |
Provider of website, web & mobile application development, BI, and digital marketing services | 2007 | Jaipur, Rajasthan, India | USD 570.12 M | USD 102.68 M | 461 | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Enterprise observability solutions are delivered via cloud and AI platforms. | 2008 | San Francisco, California, United States | USD 196.44 M | – | – |
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Frequently Asked Questions about Vespa.ai
Vespa.ai was founded in 2017 and raised its 1st funding round 6 years after it was founded.
Vespa.ai is headquartered in Trondheim, Norway. It is registered at Trondheim, Trøndelag, Norway.
Jon Bratseth is the current CEO of Vespa.ai. They have also founded this company.
Vespa.ai is a funded company, having raised a total of $31M across 1 funding round to date. The company's 1st funding round was a Series A of $31M, raised on Nov 2023.
Vespa.ai is established as a leading AI search platform designed for developing and operating large-scale applications. It integrates big data, vector search, machine-learned ranking, and real-time inference to support enterprise-scale AI solutions. The platform is utilized across various sectors including e-commerce, financial services, FinTech, health and life sciences, market intelligence, and travel and hospitality. Solutions provided include AI automation, Generative AI with Retrieval-Augmented Generation (RAG), and personalized recommendation systems. Vespa.ai is built to handle billions of data items and thousands of queries per second with low latency, ensuring high performance and scalability.
Vespa.ai offers Vespa AI Search Platform, Vespa Cloud, and Generative AI (RAG).
Vespa.ai operates through Vespa.Ai As.