Founded by Stanford professor Tengyu Ma in 2023 and based in Palo Alto, Voyage develops RAG systems and embedding models tailored to domain-specific enterprise use cases. The company trains models that convert text, documents, and other data into vector embeddings, using contextual embeddings to capture meaning and context. Voyage hosts and licenses its models for on-premises, private cloud, or public cloud deployment, and offers paid fine-tuning for clients. Its customers include Harvey, Vanta, Replit, and SK Telecom, and the company reports just over 250 customers with around a dozen employees. Anthropic described Voyage’s models as “state of the art,” and the company claims better performance at lower costs versus competing embedding services. Voyage declined to disclose revenue and says recent funding will support new embedding model launches and a plan to double its size.

Total raised

$20M

Funding rounds

1

Latest round

Series A

Latest activity

Oct 2024