# Vespa.ai AS

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

- Industry: Internet
- Headquarters: Trondheim, Norway
- Website: www.vespa.ai
- Total disclosed funding: $31M
- Latest round: Series A (Nov 1, 2023)
- Investors on record: 1

## About

Based in Trondheim, Norway, and founded in 2023 by Chief Executive Officer Jon Bratseth, Chief Technology Officer Frode Lundgren, and Chief Operating Officer Kim O. Johansen, Vespa.ai AS operates as a provider of a cloud-based search engine platform. In November 2023, Vespa.ai AS raised USD 31 million in Series A funding led by Blossom Capital.

Vespa.ai AS developed an open-source platform that integrates big data and artificial intelligence online for supporting vector search, lexical search, and structured data search, enabling users to apply AI for real-time data insights through machine-learned model inference to facilitate the creation of production-ready search applications. The company offers a platform with the ability to co-locate vectors, metadata, and content on the same node, coupled with real-time data processing, which positions it as a solution for search, recommendation, personalization, conversational AI, and semi-structured navigation.

## Funding rounds

- Series A, Nov 1, 2023, $31M — Blossom

## Investors

- Blossom (https://capitalatlas.ai/funds/blossom) — Series A