Vespa.ai AS
Vespa.ai provides an AI search platform designed for developing and operating large-scale applications that integrate big data, vector search, and machine-learned ranking.
Founding Story
Vespa began as an internal project at Yahoo to solve search, recommendation, and ad-serving use cases. It was open-sourced in 2017. In October 2023, Yahoo spun Vespa out as an independent company, Vespa.ai, while retaining a stake.
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Leadership
Founders
Jon Bratseth
Founder & CEO. Architect and main contributor to Vespa. Over 20 years of experience as an architect and programmer on large distributed systems, previously VP Architect at Yahoo.
Kim O. Johansen
Founder & COO. Over 20 years of experience as a manager for the development of large distributed systems.
Frode Lundgren
Founder & CTO. Over 20 years of experience managing teams and products using and operating large-scale Vespa applications.
Kristian Aune
Founder & Head of Customer Success. Over 20 years working with Vespa application owners, developers, PMs, and Ops; focused on operations, cost, and service quality.
Executive Team
Jon Bratseth
CEO
20+ years experience in distributed systems; Vespa architect.
Kim O. Johansen
COO
20+ years experience in distributed systems management.
Business Model
Revenue Model
Resource-based usage model for Vespa Cloud (SaaS) and support/licensing for self-managed deployments.
Pricing Tiers
Shared resources, community support, dev-zone only. vCPU: $0.05/hr, Memory: $0.005/GB/hr.
Suitable for non-24/7 apps; production support next business day. vCPU: $0.09/hr, Memory: $0.009/GB/hr.
24/7 production support with 1-hour response. vCPU: $0.15/hr, Memory: $0.015/GB/hr.
24/7 15-min response, SSO, named support rep, dedicated Slack. vCPU: $0.18/hr, Memory: $0.018/GB/hr.
Customer runs Vespa with expert support from Vespa.ai.
Target Markets
- Enterprise
- Fortune 500
- Financial Services
- Health & Life Sciences
- Tech Startups
- E-commerce search and recommendation
- Personalization systems
- Fraud detection
- Financial research and intelligence
- Health and life sciences data discovery
- Generative AI / RAG applications
- Spotify
- Yahoo
- Perplexity
- RavenPack
History & Milestones
Positioned as a Leader and Outperformer in GigaOm Radar for Vector Databases.
Launched 'The RAG Blueprint' to accelerate scalable generative AI applications.
Launched the Vespa Partner Program with Deepsense.ai as the inaugural partner.
Vespa.ai spun out of Yahoo as an independent company.
Raised $31 million Series A funding from Blossom Capital.
1 AI Tool by Vespa.ai AS
An AI Search Platform for building large-scale applications combining vector search, text search, machine-learned ranking, and real-time inference at enterprise scale.
