# Marqo

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.marqo.ai
- Total disclosed funding: $18M
- Latest round: Series A (Feb 13, 2024)
- Investors on record: 4

## About

Founded in 2022, and based in Victoria, Australia, S2Search Australia Pty Ltd doing business as Marqo, operates as an artificial intelligence technology company. The company was founded by Jesse Clark and Tom Hamer. In August 2023, Marqo raised USD 5.2 million in seed funding led by Blackbird, Creator Fund, and January Capital.

Marqo offers an end-to-end vector search engine that leverages machine learning to store and query unstructured data such as text, images, and code and deploy vector search applications through a single API. The products and solutions offered by the company include artificial intelligence-powered search and discovery solutions; Marqo Cloud, which is a managed, serverless cloud service that allows developers to configure indexes through a user interface (UI) or Application Programming Interface (API); a unified API for vector generation, storage, and retrieval; creating composite queries that combine multiple text and image queries; and many more.

The company generates revenue by offering its services on a subscription-based pricing plan. The plans include open source and Marqo cloud (USD 86.58/month).

## Funding rounds

- Series A, Feb 13, 2024, $13M — Lightspeed Venture Partners, Blackbird, January Capital
- Seed, Aug 16, 2023, $5.2M — Blackbird, January Capital, Creator Fund

## Investors

- Blackbird (https://capitalatlas.ai/funds/blackbird) — Seed, Series A
- January Capital (https://capitalatlas.ai/funds/january-capital) — Seed, Series A
- Creator Fund (https://capitalatlas.ai/funds/creator-fund) — Seed
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A