Algolia

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Algolia is the search-as-a-service platform that enables companies of all sizes to deliver fast and relevant digital experiences that drive real results. With Algolia, consumers are able to find and discover what they want easily across web, mobile, and voice. Algolia allows developers and business teams to build and optimize engaging search experiences to increase online engagement, conversion and revenue. Founded in 2012, we’re backed by over $175M in funding from Accel Partners, Alven Capital, Point Nine Capital, Storm Ventures, Salesforce Ventures and others. Our most recent fundraising round was our Series C in 2020 in which we raised $110M. The team is headquartered in San Francisco with offices in Paris, London, New York, Atlanta, Bucharest and Tokyo.

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3.8

Overall Excellence Rating

Industry

Cloud Computing

Category

Enterprise Software & Network Solutions

ESG/Ethical Impact

Algolia, a search and discovery platform, has a significant impact on both Environmental, Social, and Governance (ESG) considerations and its financial performance. ESG-wise, Algolia’s technology solutions contribute to environmental sustainability by optimizing digital interactions and search functionalities, potentially reducing energy consumption and resource waste. Its platform empowers businesses to deliver efficient and user-friendly search experiences while aligning with responsible digital practices. Socially, Algolia’s solutions enhance user experiences by enabling seamless and personalized search capabilities, potentially leading to improved customer satisfaction and engagement. Discussions around data privacy and responsible data usage underscore the importance of ethical technology implementation and user trust. On the governance front, Algolia’s commitment to data security, transparency, and ethical conduct is pivotal in maintaining user trust and upholding ethical standards.Algolia’s ESG-aligned practices can result in favorable financial outcomes. Its solutions improve user engagement and search capabilities, potentially leading to increased revenue opportunities, improved customer retention, and better financial performance for its clients. Algolia’s focus on enhancing digital experiences aligns with market trends, attracting businesses that value responsible and innovative approaches to search and discovery. However, the rapidly evolving digital landscape and evolving regulations pose financial risks if not managed prudently. The interplay between Algolia’s ESG initiatives and its financial trajectory underscores the relationship between responsible practices and sustained financial success in the competitive search technology sector.

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Awards Received

2023

Revenues

$75,000,000.00

Website Traffic

Employee Rating

4

Customer Rating

4.5

Company Size

100-1000

ESG Risk Rating

3

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