Algolia, a hosted search API startup, has raised $53 million in a Series B funding

News

Algolia has raised $53 million in Series B funding round led by Accel US.

Algolia has raised $53 million in Series B funding round led by Accel US. New investors, including Jason Lemkin’s SaaStr fund, Jyoti Bansal (founder and chairman of AppDynamics), Clark Valberg (co-founder and CEO of InVision) and Des Traynor (co-founder and CSO of Intercom) participated in the round as well as existing investors Alven Capital, Point Nine Capital and Storm Ventures.

Founded in 2012, Algolia provides a hosted search API that allows businesses, whether ecommerce stores, media sites or SaaS products, to build a search engine for their app or website, delivering highly relevant results at lightning-fast speed.

Algolia is the most reliable platform for building search into your business.

Algolia has over 3,000 customers in 100 countries, with offices in San Francisco, Paris, New York City and Atlanta.

With its latest fundraising round, Algolia will continue to invest in bringing more search innovations to every app and website. Existing innovations include:

  • Algolia Offline: lightning-fast mobile search in low- or no-connectivity areas
  • Algolia Places: easy-to-integrate address search for lightning-fast checkout and address lookup.
  • Distributed Search Network: the first worldwide search network that brings lightning-fast search results to your users anywhere in the world

 


Share

Kaiko closes $24 million Series A to scale crypto financial data services for institutions

Kaiko’s mission is to be the foundation of the new digital finance economy by serving as a single source for market information.

Read

The Debrief: How to build an ethical brand and what are the challenges at stake?

Insights from our Founders: Carole Juge Llewellyn (Joone) & Ning Li (Typology)

Read

Ankorstore raises $100m in Series B funding to support retail reopening across Europe

Ankorstore, the ally of independent boutiques and brands, raises $100 million in Series B funding, to power retail reopening across Europe

Read