Tech Company Financing Transactions
Exa Funding Round
On 7/16/2024, Exa raised $22 million in Series A funding from Lightspeed Venture Partners, Nventures and Y Combinator.
Transaction Overview
Company Name
Announced On
7/16/2024
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts to accelerate its mission to build the search engine for AI.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
375 Alabama Street 410
San Francisco, CA 94110
USA
San Francisco, CA 94110
USA
Phone
Undisclosed
Website
Email Address
Overview
Exa is building web search for AI. Exa's API lets developers and companies bring the world's knowledge into their AI applications. Whereas traditional search engines are optimized for human clicks, AI applications need a search engine that's powerful and precise enough to retrieve hundreds of results with the best information. Exa is the first search engine built for exactly that use case.
Management Team
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Where The Data Comes From
Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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