Company Research Report: Sinequa

Company Overview

Name and Mission of the Company

Name: Sinequa

Mission: Sinequa aims to transform the modern workplace using AI to enhance the productivity and effectiveness of employees by providing intelligent search and assistant capabilities.

Founding History

Founded: Originally started in the 1980s in a private French research lab.

Founder: Although not explicitly stated, the path forward after 2006 was led by Alexandre Bilger.

Key People

1. Jean Ferré - Chief Executive Officer (CEO)
2. Xavier Pornain - Senior Vice President, Sales North America
3. Stephane Kirchacker - Vice President, Europe Middle East & Africa
4. Jeff Evernham - Vice President, Product Strategy
5. Luc Manigot - Vice President, Center of Excellence
6. Adrien Gabeur - Vice President, Cloud and SaaS
7. Laurent Fanichet - Vice President, Corporate Communications
8. Alexandre Bilger - Chief Architect Officer
9. Philippe Motet - Vice President, Engineering

Headquarters

Sinequa operates globally with offices in France, UK, Germany, USA, Argentina, and Vietnam.

Number of Employees

Sinequa has 1,000 employees across different international locations.

Revenue

Target turnover is over €200 million in 2024.

Known For

Sinequa is renowned for its pioneering AI-powered search and Retrieval-Augmented Generation capabilities, providing comprehensive enterprise search solutions and intelligent assistants.

Products

Product Offerings

1. Workplace Search

Description: A fully managed, out-of-the-box AI search solution designed to deliver insights and support knowledge-intensive tasks across industries like manufacturing, life sciences, legal, and financial services.

Key Features:

Capable of providing answers to complex queries using GenAI.

Connects seamlessly with over 200 systems ensuring comprehensive content coverage.

Ensures secure, compliant, and private access to organizational data.

Provides immediate, relevant insights and suggestions through an intuitive search interface.

2. Sinequa Assistant

Description: A Search-Powered GenAI Assistant platform that enhances company productivity by providing capable GenAI Assistants.

Key Features:

Integrates with any GenAI model ensuring adaptable deployment.

Search underpinning ensures all responses are fact-grounded for reliability.

Facilitates reduced downtime, accelerated R&D, and enhanced customer satisfaction.

Fast deployment with a no-code assistant builder for custom workflows.

Scalable solutions across diverse, large organizations.

Platform and Technology

A comprehensive content management and search platform with built-in NLP and machine learning, facilitating knowledge management across organizations securely and efficiently.

Recent Developments

Acquisitions and Funding

Acquisition: In November 2024, ChapsVision acquired Sinequa to bolster AI capabilities.

Funding: Completed a US$90 million funding round led by major investors.

New Products and Features

2023: Launched a GenAI-powered Search Assistant aimed at transforming workplace productivity and enriching enterprise searches.

Recognitions

Recognized as a leader in the 2023 Forrester Wave™: Cognitive Search Q4 report.

Mentioned in the 2024 Gartner® Hype Cycle™ for Advanced Technologies for Manufacturing in the Generative AI for Product Life Cycle category.

Partnerships and Expansions

Expansion into the U.S. market in 2014 and continued international growth with significant installations in sectors like manufacturing, aerospace and defense, and life sciences.

Strategic Importance

The acquisition and funding strengthen Sinequa’s position in the global market for cognitive search and AI solutions, while providing finance for R&D enhancements.

This structured report captures essential company information, its product offerings, and recent strategic activities, highlighting its significance in the evolving AI landscape.