How Much Did Exa Raise? Funding & Key Investors

Date August 22, 2025
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Exa

COMPANY INFO

Exa is a private software development company founded in 2021 and headquartered in San Francisco, California. It specializes in Internet Software, developing an artificial intelligence-powered search engine that uses novel neural architectures to deliver precise and usage-based web search results without ads. The company has around 8 employees and was founded by a team including Will, Jeff, and Ben, who have backgrounds in computer science and AI research. Exa aims to achieve perfect web search by leveraging advanced neural networks and large-scale infrastructure to process and index vast amounts of web data.

How Much Did Exa Raise? Funding & Rounds and Investors

Exa is a private software development company established in 2021 that operates in the Internet Software industry. Headquartered in San Francisco, California, Exa focuses on building artificial intelligence-powered search engine technology. By leveraging advanced neural architectures and large-scale infrastructure, Exa delivers precise, usage-based web search results without ads. Founded by Will, Jeff, and Ben—who have strong backgrounds in computer science and AI research—Exa is on a mission to achieve perfect web search. The company currently employs between 11 and 50 people and maintains a global presence, including offices in the United States, France, Germany, Italy, and Japan.

Exa's funding trajectory demonstrates a strategic approach to scaling their AI-powered web search technology. To date, Exa funding has totaled $25.7 million across 2 funding rounds. Their most notable fundraising efforts took place in 2024, when Exa secured investments first for early-stage product development and later for market expansion. This robust capital influx comes from a blend of prominent venture capital firms and strategic partners, illustrating confidence in Exa's vision. The company's funding strategy emphasizes sustained product innovation and high-growth scalability, powered by partnerships with top-tier investors such as Lightspeed Venture Partners and NVentures.

Funding Rounds

Series A - $5M - July 16, 2024

This most recent Series A funding round raised $5 million. The capital will support further product development and facilitate Exa’s expansion into broader markets.

Series A - $20.6M - May 13, 2024

The initial Series A round netted Exa $20.6 million aimed at accelerating early-stage product development, scaling their neural search infrastructure, and supporting rapid growth.

Key Investors

Lightspeed Venture Partners

Lightspeed Venture Partners is a globally recognized venture capital firm, serving as a lead investor in both Series A rounds. Their backing reflects significant trust in Exa's technology and go-to-market execution.

NVentures

NVentures brings robust experience in supporting innovative technologies. As a lead investor in Exa's earlier Series A round, NVentures provides strategic guidance and resources to aid the company's growth.

Haystack Management Company

Haystack Management Company is a venture capital and early-stage investment firm. Their participation reinforces the momentum of Exa investors seeking next-generation search innovations.

WndrCo

WndrCo is an investment and holding company focused on technology and media, contributing to Exa investment rounds and supporting long-term strategic objectives.

Atypical Ventures

Atypical Ventures is an early-stage venture firm with a lens on disruptive technologies. Their inclusion as key Exa investors highlights confidence in the startup’s AI-powered search mission.

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