Business overview
Managed vector database popular for RAG and agent memory.
First vector DB to scale commercially; faces pressure from hyperscalers and OSS alternatives (Postgres pgvector).
Products
- Serverless vector DB
Customers (1)
- AI developers
Competitors (3)
- Weaviate
- Qdrant
- Postgres pgvector
Composite score
Higher = stronger overall research case
Fundamental54
Technical50
Valuation60
AI relevance55
Risk-adjusted (higher = safer)41
Segment-relative fundamental percentile: 15
Financial summary
Curated, illustrative
Revenue
$100.00M
Growth (YoY)
100.0%
Gross margin
55.0%
Operating margin
-40.0%
FCF
$-50.00M
Capex
$10.00M
Net cash / (debt)
$0.00
ROIC
-30.0%
Customer conc.
Medium
Valuation
Market cap
$1.00B
Enterprise value
$1.00B
P/E (TTM)
—
Forward P/E
—
EV / Sales
—
EV / EBITDA
—
P / FCF
—
PEG
—
Rule of 40
—
Risks
Severity 1 (low) to 5 (severe)
- 4Commoditization by Postgres pgvector
Score components
What drove the composite
Growth100
Profitability20
Cash generation20
Balance sheet78
Moat / AI relevance62
Capital intensity (higher = lighter)60
Customer diversification60
Valuation discipline (dilution)42
Trend (MA50/MA200)50
Momentum (3/6/12m)50
Relative strength50
Realized vol (higher = lower vol)50
Segment peers
Other companies in AI infra SW