# Exa Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/exa-labs

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.exa.ai
- Total disclosed funding: $352M
- Latest round: Series C (May 20, 2026)
- Investors on record: 8

## About

Based in California, US, and founded in 2021 by co-founders William Bryk (CEO) and Jeffrey Wang, Exa Labs, formerly known as Metaphor, operates as a provider of a search platform, offering real-time web data retrieval solutions to businesses using AI applications.  In May 2026, Exa Labs, Inc. raised USD 250 million in venture funding led by Andreessen Horowitz, with participation from QuantumLight, Benchmark, Lightspeed Venture Partners, and Y Combinator. The company will use the May 2026 funding to scale its operations and expand its API-driven AI search infrastructure platform.

The company provides an AI-driven search platform that offers real-time semantic and keyword search capabilities to developers and enterprises. The platform's services include entity search, content retrieval, and similarity search. Moreover, the firm offers solutions such as customizable APIs for large-scale searches, embedding-based research tools, and content extraction. Additionally, the company also provides services such as customized enterprise security features and high-volume data handling.

The company generates its revenue from subscription packages for its platform, which include several pricing tiers. The base plan costs USD 5 per 1,000 neural searches (1–25 results), while the standard plan is priced at USD 25 per 1,000 neural searches (26–100 results). For keyword-based searches, the cost is USD 25 per 1,000 searches (1-100 results). Additionally, the firm charges USD 1 per 1,000 pieces of content retrieved, including full text or intelligent extracts.

## Funding rounds

- Series C, May 20, 2026, $250M — Benchmark, Lightspeed Venture Partners, Andreessen Horowitz, 500 Global, Y Combinator, QuantumLight
- Series B, Sep 3, 2025, $85M — Benchmark, Lightspeed Venture Partners, Y Combinator, Nventures
- Series A, Jul 16, 2024, $17M — Lightspeed Venture Partners, Initialized Capital, Nventures

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A, Series B, Series C
- Initialized Capital (https://capitalatlas.ai/funds/initialized-capital) — Series A
- Nventures — Series A, Series B
- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series B, Series C
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series B, Series C
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series C
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series C
- QuantumLight (https://capitalatlas.ai/funds/quantumlight) — Series C