# Algolia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/algolia

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.algolia.com
- Total disclosed funding: $317M
- Latest round: Series D (Jul 20, 2021)
- Investors on record: 20

## About

Founded in 2012 and based in California, US, Algolia, Inc. operates as a developer of an API platform for search and relevant digital experiences. The company was co-founded by Julien Lemoine and Nicolas Dessaigne, and as of July 2021, operates in Paris, New York, Atlanta, Paris, London, and Bucharest. The company received USD 150 million in Series D funding from Lone Pine Capital, Fidelity Management & Research Company LLC, STEADFAST Capital Ventures, Glynn Capital, Twilio, Accel, and Salesforce Ventures.
 
The company develops a search-as-a-service platform that operates as a hosted search application program interface that enables developers to build a search engine for their application and website. Its products include Algolia Search (a search API to create relevant search and discovery) and Alogolia Recommend (a recommendation API with advanced programmatic control). The company also provides solutions like salesforce commerce cloud, Shopify, Magento, Netlify, and Contentful.

The company generates revenue through the usage-based pricing of its products, which includes: Algolia Search (USD 1.00 per 1,000 requests/month + 1,000 records) and Algolia Recommend (USD 0.60 per 1,000 requests/month).
 
Algolia, Inc. will use the July 2021 funding to scale, serve the demand for its search and recommendations products, and accelerate continued global expansion into adjacent markets and use cases.

## Funding rounds

- Series D, Jul 20, 2021, $150M — Accel, DAG Ventures, Fidelity Investments, Glynn Capital, Twilio Inc., Lone Pine Capital, World Innovation Lab, Salesforce Ventures, Steadfast Venture Capital, Blue Owl
- Series C, Aug 30, 2019, $91M — Accel, Alven, DAG Ventures, Founders Circle Capital, World Innovation Lab, Salesforce Ventures, SaaStr Fund, Blue Owl
- Series B, May 26, 2017, $53M — Accel, Storm Ventures, Alven, Point Nine, SaaStr Fund
- Series A, May 6, 2015, $19M — Accel, Storm Ventures, Alven, Point Nine, Lead Edge Capital
- Seed, Jun 19, 2014, $1.2M — Storm Ventures
- Seed, Apr 14, 2014 — Zillionize Angel
- Seed, Feb 26, 2014, $1.5M — Index Ventures, Alven, 500 Global, Point Nine
- Seed, Feb 26, 2014, $1.5M — Y Combinator

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Seed
- Alven (https://capitalatlas.ai/funds/alven) — Seed, Series A, Series B, Series C
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Point Nine (https://capitalatlas.ai/funds/point-nine) — Seed, Series A, Series B
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Zillionize Angel (https://capitalatlas.ai/funds/zillionize-angel) — Seed
- Storm Ventures (https://capitalatlas.ai/funds/storm-ventures) — Seed, Series A, Series B
- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B, Series C, Series D
- Lead Edge Capital (https://capitalatlas.ai/funds/lead-edge-capital) — Series A
- SaaStr Fund — Series B, Series C
- DAG Ventures (https://capitalatlas.ai/funds/dag-ventures) — Series C, Series D
- Founders Circle Capital (https://capitalatlas.ai/funds/founders-circle-capital) — Series C
- World Innovation Lab — Series C, Series D
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series C, Series D
- Blue Owl (https://capitalatlas.ai/funds/blue-owl) — Series C, Series D
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series D
- Glynn Capital (https://capitalatlas.ai/funds/glynn-capital) — Series D
- Twilio Inc. — Series D
- Lone Pine Capital — Series D
- Steadfast Venture Capital — Series D