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Pinecone

Medium40% confidenceProfile verified Jul 23, 2026
OverviewSourcesDependency mapStoryMilestones

An early leader in vector databases, providing long-term memory and retrieval infrastructure for AI applications, serving roughly 4,000 customers. Pinecone's valuation has held near $750 million since an April 2023 Series B, and the company began exploring a potential sale in 2026 after losing prominent customer Notion and facing intensifying competition, holding early discussions with investment bankers with Oracle, IBM, MongoDB and Snowflake seen as possible suitors.

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Sources

Every claim traced to a primary source — evidence, recent activity, and insider filing behavior, all in one place.

Evidence

1 source · 50% avg. source confidence

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Dependency Map

What Pinecone depends on below, and who depends on Pinecone above — click any node to make it the new center, 5 levels deep.

2 levels3 levels5 levels

Connection type

Investment
Dependency
Supply Chain
Development
Enablement
Competition / Other
Succession

Click any node to make it the new center. Scroll to zoom, drag to pan.

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The Story So Far

Jan 2019: Founded→Apr 2023: $100M Series B at $750M valuation→Jan 2026: Explores sale amid rising competition, loses Notion as customer→May 2026: Pinecone explores sale amid rising competition and Notion customer loss

Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.

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Pinecone's Timeline

A sourced, dated history of Pinecone's key moments — founding to present.

  1. Jan 2019 · Founded

    Pinecone was founded to build vector-database infrastructure providing long-term memory for AI applications.

  2. Apr 2023 · $100M Series B at $750M valuation

    Pinecone raised a $100 million Series B led by Andreessen Horowitz with ICONIQ Growth, Menlo Ventures and Wing VC, reaching a $750 million valuation and bringing total funding to $138 million.

  3. Jan 2026 · Explores sale amid rising competition, loses Notion as customer

    Pinecone began exploring a potential sale after losing prominent customer Notion and facing intensifying competition in the vector-database category, holding early discussions with investment bankers; Oracle, IBM, MongoDB and Snowflake were seen as possible suitors, with the company's valuation still near $750 million on an estimated $26.6 million in annualized revenue.