Fundraising

Pinecone

Pinecone Raises $100M in Series C

2019
Founded
120+
Employees
New York, NY
2 min read

Quick Facts

Pinecone Raises $100M in Series C


Pinecone has successfully raised $100M in a Series C at a $750M valuation led by Andreessen Horowitz, ICONIQ Growth.


Company Overview


Pinecone is a AI Infrastructure company headquartered in New York, NY, founded in 2019 with 120+ employees.


Vector database for AI applications and semantic search


Fundraising Details


  • Amount Raised: $100M
  • Round Type: Series C
  • Valuation: $750M
  • Date: 2025-10-11
  • Investors: Andreessen Horowitz, ICONIQ Growth

About Pinecone


Vector database for AI applications and semantic search The company is positioned in the AI Infrastructure sector, serving a growing market with innovative solutions.


Key Information


  • Headquarters: New York, NY
  • Founded: 2019
  • Team Size: 120+
  • Industry: AI Infrastructure

What This Means


This funding round demonstrates strong investor confidence in Pinecone's vision and execution. The capital will likely be used to:


  • Scale Operations: Expand the team and operational capacity
  • Product Development: Enhance existing products and develop new features
  • Market Expansion: Enter new markets and strengthen presence in existing ones
  • Technology Investment: Invest in infrastructure and technology capabilities

Industry Context


The AI Infrastructure sector continues to attract significant investment as companies innovate to meet evolving market demands. Pinecone's successful fundraising reflects the strong fundamentals and growth potential in this space.


Valuation Milestone


Reaching a $750M valuation marks an important milestone for Pinecone, positioning the company among notable players in the AI Infrastructure industry.


Looking Ahead


With this new capital, Pinecone is well-positioned to execute on its growth strategy and continue building innovative solutions in the AI Infrastructure space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.


This fundraising news was reported on 2025-10-11. For more information about Pinecone, visit their headquarters at New York, NY.

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Fundraising News Team
Fundraising News Team
Tracking the latest funding rounds and investment news