Company profile: Weaviate
1.1 - Company Overview
Company description
- Provider of a hybrid SaaS platform and open-source AI vector search engine for building search and recommendation systems. Offers a vector database, hybrid search combining vector and traditional methods, tools for vectorization, cross-references, batch processing, plugins for application integration, a console to understand data, and support for generative AI applications and semantic search use cases.
Products and services
- Vector Database: Engineers an open-source AI vector search engine storing embeddings for search and recommendation systems, with extensions for semantic search, application-integration plugins, and a console to understand data
- Hybrid Search: Architects a hybrid SaaS capability combining vector search with traditional methods to improve relevance for semantic search use cases, interoperating with application plugins and the data-understanding console
- Vectorization: Produces vector embeddings by converting text or other data, enabling search and recommendation systems across the platform alongside plugins and the console to understand data (modular)
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Weaviate
Dimdim
HQ: United States
Website
- Description: Provider of browser-based web conferencing services built on an open-source platform. Users can download the open-source code to install on their servers, while attendees need no software downloads to host or join meetings. Enables presenters to share desktops, display slides, and talk, listen, and chat.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Balena
HQ: United States
Website
- Description: Provider of tools and infrastructure for building, deploying, and managing fleets of connected IoT devices, including balenaCloud for fleet deployment, updates, and management; Docker-based application deployments; easy provisioning; network configuration; unique device IDs; and balenaOS, an OS for running Docker containers on IoT devices.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Xen Project
HQ: United Kingdom
Website
- Description: Provider of an open-source virtualization platform powering major public clouds and commercial products, offering Xen Hypervisor; XAPI for enterprise VM management; Unikraft and MirageOS for building efficient unikernels; Windows PV Drivers to enhance Windows VM performance; and HVMI for real-time monitoring and protection in virtualized environments.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Sipwise
HQ: Austria
Website
- Description: Provider of carrier-grade next-generation communication platforms, designing, developing and integrating solutions; based in Vienna, Austria.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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HyperDX
HQ: United States
Website
- Description: Provider of an open source observability platform that integrates session replays, logs, traces, metrics, and errors for production monitoring and debugging, featuring log pattern analysis, automatic instrumentation via OpenTelemetry, an SDK for collecting telemetry across languages, and full-stack debugging to correlate logs, traces, and user sessions, with simple workflows to speed bug resolution.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Weaviate
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Weaviate
2.2 - Growth funds investing in similar companies to Weaviate
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4 - Top valuation comps for Weaviate
4.2 - Public trading comparable groups for Weaviate
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