About Meilisearch
Meilisearch provides a search engine solution that enhances search experiences for online platforms. Its main product is a fast and relevant search engine that can be easily integrated into various applications and websites. The search engine features hybrid capabilities, combining full-text and semantic search, which uses artificial intelligence to deliver precise results. Meilisearch differentiates itself from competitors by offering a freemium model, allowing users to access a basic version for free while providing advanced features through paid subscriptions. The company aims to attract a wide range of users, from developers to larger enterprises, and generate revenue through subscription fees and cloud services.
Paris, FranceHeadquarters
2018Year Founded
$19.9MTotal Funding
SERIES_ACompany Stage
Consumer Software, Enterprise Software, AI & Machine LearningIndustries
11-50Employees
Benefits
4 day work week
Equipment
Remote friendly
PTO
Parental leave
Health insurance
Team gatherings
Mental health support
Stock options
Career development
Risks
Increased competition from established players like Algolia may pressure Meilisearch's market share.
Enterprise-focused strategy might alienate Meilisearch's existing developer community.
Freemium model may limit revenue growth if users don't convert to paid plans.
Differentiation
Meilisearch offers hybrid search combining full-text and semantic capabilities for precise results.
The company provides a freemium model, attracting a wide range of initial users.
Meilisearch's open-source nature fosters community contributions and rapid innovation.
Upsides
Growing demand for AI-driven search solutions benefits Meilisearch's advanced search capabilities.
Expansion of cloud services offers growth opportunities for Meilisearch's enterprise offerings.
Rising popularity of open-source software expands Meilisearch's user base and community.
Funding
Total raised$19.94 M
Latest valuation$75.00 M
StageSERIES_A
SERIES A
9/30/2022$15
$75.00 M