Company Overview

LanceDB is an open-source, serverless vector database that enables efficient storage, retrieval, and management of vectors and multimodal data for production-scale generative AI applications. The company serves leading AI companies including Runway, Midjourney, and Character.ai, with its Lance format downloaded over 20 million times. LanceDB generated $2.3M in revenue in 2024 with a 15-person team and raised a $30M Series A in 2025 led by CRV, bringing total funding to $41M.

Revenue
$2.3M
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LanceDB is recognized as a market leader in the Infrastructure sector, demonstrating strong industry presence and customer trust.

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