PhoenixAI builds an AI-native database designed to unify real-time and at-rest data into a single engine that offers speed, concurrency, and governance for agentic AI workloads. The company says its platform enables sub-second responses on live normalized data and supports streaming updates (e.g., from Kafka) becoming queryable within seconds. PhoenixAI reports production deployments at customers including AppLovin, Coinbase, Conductor, and Demandbase, which the company says see significant performance improvements on large-scale queries. The startup plans to use Series B proceeds to accelerate product development, expand go-to-market efforts, and strengthen governance capabilities for regulated industries. PhoenixAI is headquartered in Menlo Park, California and was formerly known as CelerData.

Total raised

$80M

Funding rounds

1

Latest round

Series B

Latest activity

Jun 2026