Marqo

Overview
News
Generative AI Infrastructure?
Product stageSegments
Early
?
Data storage and retrieval
?

Marqo is an Australian AI company offering a vector search platform, which aims to tap into unstructured data—estimated to constitute over 80% of all enterprise data—to improve search experiences and develop more relevant and up-to-date GenAI applications. Marqo's platform simplifies the process of deploying vector search and claims to generate superior vector embeddings, allowing customers to establish enhanced search interfaces within minutes rather than months.

The Marqo platform facilitates the entire vector search process, from embedding generation to storage and retrieval, through a single API. This enables easy implementation of multimodal, multilingual search. The platform's proprietary inference engine employs machine learning models to transform unstructured data into highly performative vectors, which return hyper-relevant search results in real time. Marqo offers open-source access to its core code for developers and a fully managed cloud service called “Marqo Cloud” for production-oriented enterprises.

Key customers and partnerships

As of August 2024, its clientele included ecommerce firms and online marketplaces such as Redbubble, BlackStone, Staffbase, and Temple & Webster.


HQ location:
Melbourne AUS
Founded year:
2022
Employees:
11-50
IPO status:
Private
Total funding:
USD 18.5 mn
Last Funding:
USD 12.5 mn (Series A; Feb 2024)
Last valuation:
-
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Product Overview
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Company profile
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