Exa Labs, Inc.

Based in California, US, and founded in 2021 by co-founders William Bryk (CEO) and Jeffrey Wang, Exa Labs, formerly known as Metaphor, operates as a provider of a search platform, offering real-time web data retrieval solutions to businesses using AI applications. In July 2024, Exa Labs raised USD 17 million in Series A funding led by Lightspeed Venture Partners, with participation from Nventures and Initialized Capital. In September 2025, Exa Labs raised USD 85 million in series B funding led by new investor Benchmark, with participation from returning investors Lightspeed Venture Partners, NVIDIA Corporation, and Y Combinator. The company provides an AI-driven search platform that offers real-time semantic and keyword search capabilities to developers and enterprises.

The platform's services include entity search, content retrieval, and similarity search. Moreover, the firm offers solutions such as customizable APIs for large-scale searches, embedding-based research tools, and content extraction. Additionally, the company also provides services such as customized enterprise security features and high-volume data handling. The company generates its revenue from subscription packages for its platform, which include several pricing tiers.

The base plan costs USD 5 per 1,000 neural searches (1–25 results), while the standard plan is priced at USD 25 per 1,000 neural searches (26–100 results). For keyword-based searches, the cost is USD 25 per 1,000 searches (1-100 results). Additionally, the firm charges USD 1 per 1,000 pieces of content retrieved, including full text or intelligent extracts. The company will use the funding to expand its artificial intelligence infrastructure, boost computing power, and support development of new tools.