Algolia

Valuation $25B

About Algolia

Algolia is the Search-as-a-Service platform that enables companies to deliver fast and relevant digital experiences that drive real results.
Headquarters Algolia, San Francisco
Founded 2012-01-01
Industry Cloud Computing, Search Engine, Semantic Search, Vertical Search
Last Funding Type Series D
Valuation 25
Total Funding $334.22 million dollars
IPO Status Private

Financial

Algolia reported that AI-driven search experiences have become mainstream and are significantly enhancing revenue generation. Additionally, Algolia was named a BigCommerce Preferred Technology Partner.

Algolia has been selected by JD Sports to enhance their e-commerce experience using AI search technology. Additionally, Algolia has been named a leader in the 2024 Gartner Magic Quadrant for Search and Product Discovery. Blindster, a retailer of custom-made window coverings, adopted Algolia's AI search solution, resulting in a 33% increase in search conversions. Algolia also unveiled new AI personalization features to scale across search, browse, and recommendations.
Funding Rounds 8
Number of Lead Investors 4
Total Funding Amount  $334.22 million dollars
Number of Investors 40

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