Weaviate
Data & AI infrastructure · https://weaviate.io
Verdict: Hold · Confidence: medium · Reviewed 2026-10-15
Weaviate sells an open-source vector database and a managed cloud. The latest company-issued financing found is the April 2023 $50 million Series B led by Index Ventures. At that time the company said open-source downloads had passed 2 million. No current revenue, valuation, or margin was found on a primary page.
Rubric
| Dimension | Score (1–5) | Notes & sources |
|---|---|---|
| Real customers & revenue quality Are there named paying customers, recurring revenue, and retention evidence? | 2/5 | The April 2023 release describes use by startups and enterprises and says downloads passed 2 million since the Series A. It does not name paying customers or disclose revenue.
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| Unit economics Do gross margins survive inference/compute costs? Is pricing durable? | Unknown | Unknown — no public figure found. |
| Moat Proprietary data, distribution, switching costs, or tech that is hard to copy? | 3/5 | Per the company, Weaviate combines vector search with the source objects and shipped a managed cloud. The project is open source, so the code itself is copyable; the commercial moat would be cloud operations and support, which are not quantified.
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| Platform risk Could a model provider or incumbent ship this as a feature? (higher score = lower risk) | 2/5 | Weaviate is a database layer in a category cloud vendors and other open-source stores also serve. Nothing in the Series B release shows a distribution lock-in that a model lab could not route around.
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| Team & execution Shipping cadence, leadership track record, stability. | 3/5 | The April 2023 release identifies Bob van Luijt as CEO and co-founder with Etienne Dilocker, and describes a shipped cloud service. No later leadership change was found.
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| Funding vs. traction Is capital raised justified by verifiable traction? | 2/5 | Per Weaviate, the April 2023 round was $50 million, led by Index Ventures with Battery, NEA, Cortical, Zetta, and ING. The only traction figure in that release is 2 million downloads. No later round or revenue was confirmed.
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| Hype signals Demo-driven marketing, vague metrics, valuation outrunning evidence? (higher score = fewer red flags) | 3/5 | The latest primary financing is more than three years old. That is a disclosure gap, not a fresh inflated round.
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Listing source: https://weaviate.io. Revenue, users, and valuation figures appear only when publicly sourced; otherwise they are marked unknown.