FalkorDB Overview
FalkorDB is a graph database designed to support large language models (LLMs) by providing ultra-low latency knowledge graph services. It focuses on improving the capabilities of Retrieval Augmented Generation (RAG) models by overcoming existing limitations. FalkorDB is tailored to handle high-dimensional data efficiently and is leveraged by businesses in various sectors, including medical and clinical data analysis, to enhance their data management and analysis capabilities.
Cumulative Funding Raised Over Time ($)
$3.0MJun 2024
Latest News
growth-positive
“We’re transforming the market by making LLM deployment more practical and effective” | CTech
FalkorDB, a company that operates in the graph databases market, has raised $3 million to penetrate the $200 billion Generative AI market. The company is targeting the large language models (LLMs) market, which is rapidly growing in the technology sector. FalkorDB provides GraphRAG technology, which improves the performance of large language models by adding an external data source in the form of a knowledge graph. The company is developing a solution that fully automates the conversion of organizational information into graphs. The company was founded by Roi Lipman, Avi Avni, and Dr. Guy Kurland, who are alumni of Redis, a leading company in the field of fast data access.
InvestmentExpand
The Israeli startup FalkorDB wants to improve the giant language models (LLMs) and is now revving up with a $3 million seed round
| Sector | Business Software |
Funding
| Total funding | $3M |
| Last funding | $3M |
| Stage | Seed |
| Rounds | 1 |
| Investors | 6 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | www.falkordb.com/ |
| Careers | Careers page |
Locations
Petah Tikva, Israel
Photos & Videos
No files yet
FalkorDB Business
Business models
B2B
Product stage
R&D
Employees
11-50
Sector
Business SoftwareIT, R&D & Data SolutionsData ArchitectureTarget Customer
Enterprise & Professional ServicesEnterprisesHealthcare & Life SciencesMedical Devices IndustryCore Technology
Data StorageSolutions
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{"title":"Customer Experience Management","description":"FalkorDB's AdaptX leverages a graph database to create real-time, dynamic 360-degree customer views, enabling hyper-personalization, optimized marketing campaigns, enhanced customer service, and fraud detection through predictive analytics.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":3,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Customer Acquisition","value":5,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Risk Mitigation","value":3,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
Use Cases
Virtuous AIAdaptXFalkorDB Financials
$3M
Total funding
Undisclosed
Capital raised
$3M
Last funding
Seed
Funding stage
1
Total rounds
6
Investors
Cumulative Funding Raised Over Time ($)
$3.0MJun 2024
Private Equity Funding
Seed
Jun 2024
$3M
Angular Ventures (Lead)
,
Jerry Dischler, Eldad Farkash, Areye Mergi, Saar Bitner, K5 Global
FalkorDB Lifecycle
Cumulative Funding Raised Over Time
$3.0MJun 2024
All Events
Seed
Jun 2024
$3M
Angular Ventures (Lead)
,
Jerry Dischler, Eldad Farkash, Areye Mergi, Saar Bitner, K5 Global
FalkorDB News
2 articles
growth-positive
“We’re transforming the market by making LLM deployment more practical and effective” | CTech
FalkorDB, a company that operates in the graph databases market, has raised $3 million to penetrate the $200 billion Generative AI market. The company is targeting the large language models (LLMs) market, which is rapidly growing in the technology sector. FalkorDB provides GraphRAG technology, which improves the performance of large language models by adding an external data source in the form of a knowledge graph. The company is developing a solution that fully automates the conversion of organizational information into graphs. The company was founded by Roi Lipman, Avi Avni, and Dr. Guy Kurland, who are alumni of Redis, a leading company in the field of fast data access.
InvestmentExpand
The Israeli startup FalkorDB wants to improve the giant language models (LLMs) and is now revving up with a $3 million seed round
FalkorDB Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 17 |
| Team members | 3 |
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FalkorDB Internal
Recent Updates
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Admin Info
| Confidence | 75/100 |
| Missing | sector, tags, video or image, markets, not claimed |
| BI Verification | Dana Arnon |
| Registrar ID | 516848330 |
| Creator | Maor Perlov |
| Creator email | maor.perlov@sncentral.org |
| Last update | 2024-05-02T00:00:00.000Z |
| Created | 2024-05-02T00:00:00.000Z |