# vespa.ai: Information technology & services, Trondheim, Norway

> vespa.ai: Vespa.ai is a technology company based in Trondheim, Norway, specializing in artificial intelligence and big data solutions.

Source: https://millionrounds.com/startup/vespa-ai (Millionrounds; every figure on the page links to its filing or article)

Norway · [Information technology & services startup](https://millionrounds.com/companies)

# vespa.ai

Vespa.ai is a technology company based in Trondheim, Norway, specializing in artificial intelligence and big data solutions.

Funding reported Last round: Series A

Information technology & services Trondheim, Norway

Company summary

- **Founded:** 2023 3 years old
- **Team:** 67 51 to 200 people
- **Funding reported:** 31M as listed, currency not stated
- **Last round:** Series A Nov 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for vespa.ai has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About vespa.ai

Vespa.ai is a technology company based in Trondheim, Norway, specializing in artificial intelligence and big data solutions.

Established in October 2023 as a spin-out from Yahoo, Vespa.ai builds on over 20 years of technology development. The company operates as a B2B SaaS provider, offering an AI-native application engine that supports real-time, scalable applications. Its flagship product, the Vespa open-source search engine, integrates various search paradigms and is designed to handle billions of data items with sub-100ms latency. In addition to the open-source engine, Vespa.ai provides Vespa Cloud, a fully managed service that simplifies deployment and management. The company also offers tailored solutions for AI search, personalization, and generative AI applications across various industries, including e-commerce, media, and healthcare. With a focus on innovation and a strong foundation in AI technology, Vespa.ai serves notable clients such as Spotify, Yahoo, and LinkedIn, helping them leverage data for enhanced user experiences and insights.

## What company datasets say vespa.ai raised

Funding, as reported

Reported in all **31M** in the source's currency

Rounds **1**

Last round **Series A**

Last round size **31M**

Last round date **Nov 2023**

Investors listed **1**

## Founders and team

From vespa.ai's own website: 4 founders.

**Jon Bratseth** Founder & CEO

**Frode Lundgren** Founder & CTO

**Kim O. Johansen** Founder & COO

**Kristian Aune** Founder & Head of customer success

## The company, in detail

What they build

Known for

libraries consumers computer & network security low latency financial_services enterprises rag applications information technology & services big data financial services personalization data management enterprise software market_intelligence enterprise ai applications scalability

Built with from their website

Microsoft Azure Monitor GitHub Actions Jira Service Management Docker Osano Google Tag Manager Amazon CloudFront Canva JUnit ACL

+8 more

WordPress.org AWS Trusted Advisor Atlassian PWA Google Cloud Font Awesome C++ YouTube

- **Sector:** Information technology & services
- **Industry code:** NAICS 519, 513210, SIC 7375, 7372
- **Region:** Trondelag
- **Revenue:** 1.5M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/vespa-ai)

## Information technology & services in Norway

Startups like it

- [**eSmart Systems** Halden · founded 2012 *Raised*](https://millionrounds.com/company/esmart-systems)
- [**Muybridge** Fornebu · founded 2020 *Raised*](https://millionrounds.com/company/muybridge)
- [**Xeneta** Oslo · founded 2012 *Raised*](https://millionrounds.com/company/xeneta)
- [**Imerso** Oslo · founded 2014 *Raised*](https://millionrounds.com/company/imerso)
- [**Gelato** Oslo · founded 2007](https://millionrounds.com/startup/gelato-4)
- [**Ardoq** Oslo · founded 2013](https://millionrounds.com/startup/ardoq)
- [**KryptoVault** Stavanger · founded 2017](https://millionrounds.com/startup/kryptovault)
- [**Urban Sharing** Oslo · founded 2018](https://millionrounds.com/startup/urban-sharing)

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