ParadeDB, Inc.

ParadeDB, Inc. is an American software company founded in 2023 by Philippe Noël and Ming Ying, headquartered in New York, USA. The company was established to address operational challenges encountered by its founders relating to integrating efficient search capabilities into PostgreSQL. ParadeDB offers a Postgres-native extension that combines full-text and vector search functionalities, capabilities traditionally available only through external systems such as Elasticsearch.

The company's product-first growth approach is demonstrated through its open-source core, which has gathered significant community interest and adoption, including deployments in prominent enterprise environments like Alibaba Cloud and Modern Treasury by mid-2024. ParadeDB operates on a business model that offers an open-source foundation supplemented by paid enterprise support services, targeting larger SaaS providers, financial institutions, and data-centric organizations with substantial deployment needs. Following a successful Series A funding round that raised $12 million led by Craft Ventures and supported by Y Combinator, ParadeDB continues to develop its offering to integrate transactional and analytical workloads and embrace emerging AI trends within open-source data infrastructure.

ParadeDB focuses primarily on developers, data engineers, and enterprise IT teams who require scalable, production-grade search and analytics solutions within PostgreSQL environments. With a small team of approximately eight employees as of 2023, the company remains an independent entity without subsidiaries or parent companies. While it currently lacks dedicated social media profiles, ParadeDB maintains an official web presence at paradedb.com.