The Technology M&A team advised Voyage AI on its sale to MongoDB. The transaction was structured as a reverse triangular merger, whereby Voyage AI became a wholly-owned subsidiary of MongoDB.
Voyage AI, based in Palo Alto, delivers state-of-the-art embedding and reranking models that supercharge intelligent retrieval for enterprises, driving forward retrieval-augmented generation (RAG) and reliable LLM applications. Their solutions are designed to optimize the way businesses access and utilize information, making retrieval faster, more accurate, and scalable. Built by academic experts from Stanford, MIT, and UC Berkeley, alongside industry professionals from Google, Meta, Uber, and other leading companies, the Voyage AI team develops transformative AI solutions tailored to enterprise needs.
The Goodwin team was led by Nate Hagler, Peter Moorman, Rachel Qi, Emma Jones, Marcos Romero, Monica Patel, Bradley Stewart, Kevin Lam, Brittany Fayette, Lizzy Song, Koray Bulut, Ashton O’Halloran, Jacqueline Klosek, Isabelle Staff, Justin Pierce, Justin Shields, Kelsey Lemaster, Pavani Veerisetti, Simone Waterbury, Arom Yun, Ai Tajima, Neel Chatterjee, Adam Slutsky, Elliot Silver, Stuart Ogg, with invaluable assistance from Karen Martinez.
For more information on the deal, please read the press release.