Moorcheh: Product, team and how it was built
Moorcheh (Hosted semantic search and memory engine for AI agents, Canada): Paid plans on sale, November 2026. Evidence grade E: no revenue figure was checked. Team: 2 co-founders named on the company site; headcount not published. Launched 9 July 2025; still running.Added
- Outcome
- Paid plans on sale, November 2026
- Evidence
- E no revenue figure was checked
- Launch
- 9 July 2025
- Status
- Still running
- Team
- 2 co-founders named on the company site; headcount not published
- Outside funding
- None found
- Main channel
- Not stated
What is not verified
No revenue figure was found, and no source states that a customer has paid. A payment-processor profile, a press piece or a customer case study would settle it. The home page says an enterprise cut its retrieval costs from US$2.5 million to US$36,000 a year without naming it. Funding and headcount were not found. The company says its method is patent-pending, and its speed and accuracy figures are its own. The checkout of the Production plan sits behind the console login and was not seen. Edge AI Innovations Inc. is older than the product, and its incorporation date was not found. Its domain was registered on 7 March 2024, and its site of August 2024 sold consulting. This story is grade E: the business is real and its product, price and customers are described from public pages, but no revenue figure was checked. Aiolum shows it as an idea worth studying, not as proof that it makes money.
Moorcheh is a hosted semantic search engine for AI agents. Semantic search finds text by meaning, not by exact words. The company says it replaces the usual vector database, a store of number lists that stand for meaning, with a different method. The method shrinks each vector to binary values and then compares a query with every stored item.
Edge AI Innovations Inc., a company that says it is made in Canada, builds it. Its site names Tara Khani as co-founder and CEO and Majid Fekri as co-founder and CTO. The earliest dated copy of that site, from 2 August 2024, shows an edge-AI services business. The platform changelog dates version 1.0.0 of the Moorcheh console to 9 July 2025.
No revenue figure was found, so this story is grade E. The pricing page lists a Production plan at US$29 a month plus usage, and the documentation says to deploy it from the console. No source states that a customer has paid, and no funding round or headcount was found.

Why did Moorcheh work?
Four causes, in the order they mattered. Each one is a reusable lesson.
It compresses every vector and scans all of them
The company's paper of December 2025 describes binary compression of vectors and a scan of every stored item instead of an approximate index. The company says this keeps results the same on each query and uses little memory. It also says it matches float32 accuracy on a benchmark. These are the company's claims; no independent test was found.
An open-source agent stores its memories in the engine
Memanto is an MIT-licensed memory agent. Its site says memories can be kept in Memanto Cloud, which is marked launching soon, or locally with a Moorcheh key or the on-prem version. The agent therefore depends on Moorcheh for storage and recall.
It charges a small monthly fee plus usage, with larger plans on Google Cloud
The pricing page lists a low monthly plan with usage charges and a free trial that needs no card. Larger dedicated deployments are sold through Google Cloud Marketplace and billed through the customer's Google Cloud account, the page says.
How it was built
These details come from the company's pricing page, home page, documentation and code pages. They are grade C. [1, 3, 8, 10]
- Answers are written by language models that the company offers through Amazon Web Services. The pricing page names "AWS Bedrock Models" in three credit tiers.
- The home page diagram of a deployment in a customer's cloud shows AWS Lambda, DynamoDB, Bedrock, S3, Cognito and KMS. It is provisioned with AWS CDK, Terraform or Bicep.
- The documentation is built and hosted on Mintlify, the changelog says.
- Developers use a Python SDK, a REST API, a Model Context Protocol server and integrations for LangChain, LlamaIndex and n8n. The code is on GitHub.
- The home page shows a security badge from Oneleet. The company's site names the security service as "OneLeet Security".
Tools named in the sources
Each one opens its page in the Tools tab, with every story that uses it.
Who tried this before Moorcheh, and why did they fail?
Two companies in our database of failed startups sold search or database technology to many users and could not make it pay. The values below are from that database and are not independently verified.
Neeva
The promiseAn ad-free, private search engine for a monthly subscription.
Why it diedThe record says it died of user acquisition costs that were too high and a business model that did not fit consumer behaviour.
RethinkDB
The promiseA database that pushes live query results to developers' applications.
Why it diedThe record says developers liked the idea in theory but did not pay for it, and the database was costly to run.
The failed startups come from our database of 1,749 dead startups, retold here in our own words. Its entries are AI-assisted summaries of public sources, so these cards carry no evidence grade.
What changed
Neeva sold search to consumers, who preferred a free product. The the failed-startup database record says user acquisition cost was too high. Moorcheh sells search as a service to developers who build AI agents. Its price is a small monthly fee plus usage, and the buyer is a company with a technical need.
RethinkDB had a product that developers liked and would not pay for. Moorcheh also depends on developer interest, and it gives parts away: a free community plan and open-source tools. No source shows how many developers move from free to paid.
Can one person copy Moorcheh now?
The structure can be copied. The core method cannot be copied by one person without research skills.
A paid developer service with a free tier, open-source add-ons and a marketplace listing is a structure that a small team can build. The company's core is a research method, and the company reports no revenue. A reader could copy the structure on a narrower problem.
Where it is still open: Search, memory and storage layers for AI agents on other data types: audio, code, images and sensor logs.
- 1Pick one cost that AI developers pay today, such as vector storage, and sell a cheaper way to do it.
- 2Offer a free trial that needs no card, and a fixed low monthly plan plus a charge for usage.
- 3Publish the SDK and an integration on GitHub under a licence that lets others use it.
- 4List a larger plan on a cloud marketplace, where companies can pay from their existing cloud budget.
How much revenue does Moorcheh make?
Each row shows the evidence grade and the source numbers from the list at the end of this page. The grades are explained in How Aiolum verifies.
| Fact | Value | Grade | How we know | Sources |
|---|---|---|---|---|
| Company behind it | Edge AI Innovations Inc., Canada | C | The footer of moorcheh.ai reads "© 2026 Edge AI Innovations Inc. • Made with ❤️ in Canada". The terms page names the same company. | [3, 5] |
| Co-founders | Tara Khani, CEO; Majid Fekri, CTO | C | The company's own site lists both as "Co-Founder" with those titles. No page read gives a headcount, and no register entry was found. | [6] |
| Earliest dated page of the company | 2 August 2024, an edge-AI services site | C | An Internet Archive copy describes "A one-stop shop for Edge AI Implementation" with consultation, design, implementation and management. The archive's index lists captures of the domain from 16 May 2024. | [7, 19] |
| Start of the company | not found | C | No incorporation date was found. The earliest dated source is 2024. The registry record says the domain edgeaiinnovations.com was registered on 7 March 2024. The company hosted an Edge AI Innovations Summit in Toronto on 8 November 2024, its site says. | [6, 7, 19, 21] |
| Platform version 1.0.0 of the console | 9 July 2025 | C | The platform changelog dates it. The notes list a dashboard, a playground chat, API keys and pricing tiers named Community, Professional, pay-as-you-go and Enterprise. | [8] |
| Plans on sale | Community free for 3 months; Production at US$29 a month plus usage; Sovereign custom | C | The pricing page lists the three plans. The documentation says to deploy Production from the console and that Community stops working when credits or the trial end. | [1, 2] |
| Terms of payment | invoices payable within 30 days; recurring services need ongoing payment | C | The terms page of Edge AI Innovations states this. The pricing page also says the Community plan needs no credit card. | [5, 1] |
| Google Cloud Marketplace listing | 3 tiers from US$399 a month plus usage | C | The pricing page lists Launch, Scale and Performance with buttons that say "Subscribe on Google Cloud". It says onboarding follows within 1 to 2 business days. | [1] |
| Open-source memory agent Memanto: first release | v0.0.1 published on 22 April 2026, MIT licence | C | The GitHub release list says v0.0.1 was "released this 22 Apr". Its commit was signed on 17 April 2026. The organisation page shows about 2,400 stars for the repository on 12 November 2026. | [11, 10] |
| Python SDK | MIT licence; GitHub releases from v1.3.0 on 5 December 2025 | C | The release list on GitHub starts with v1.3.0 on that date. An earlier release may exist on PyPI, which could not be read. | [12] |
| Moorcheh On-Prem, local version | version 0.1.0 on 22 May 2026; source-available on 20 July 2026 | C | The changelog says the Community Edition is free for single-node and non-commercial use. "Source-available" is the company's term and is not an open-source licence. | [9] |
| Claims about customers | one enterprise deployment from US$2.5 million to US$36,000 a year | C | The home page and the GitHub page state this for an unnamed enterprise. Three founders of other companies are quoted on the home page. | [3, 10] |
How to read this table. Every value is grade C: the company's own pages, its code repositories and its papers. No outside source confirms a customer, a payment or a headcount. No value is grade A or B.
| Plan | Per month, billed yearly (US$) | Per month, billed monthly (US$) | Limit |
|---|---|---|---|
| Community (Builder) | 0 | 0 | 500 credits for the first 3 months, 20 namespaces, 10,000 stored items |
| Production | 29 + usage | unlimited vectors, 99.9% uptime promise, priority support | |
| Sovereign | custom | custom | deployment in the customer's own cloud, audit logs |
| Launch (Google Cloud Marketplace) | 3,990 a year | 399 + usage | 25 Memanto agents, 1.5M API calls a month, 25 GB |
| Scale (Google Cloud Marketplace) | 9,990 a year | 999 + usage | 75 Memanto agents, 8M API calls a month, 100 GB |
| Performance (Google Cloud Marketplace) | 29,990 a year | 2,999 + usage | 200 Memanto agents, 30M API calls a month, 500 GB |
The Production plan adds usage: the documentation lists US$0.05 per 1,000 API calls and US$0.01 per 10 MB of ingested data. The last three rows are Google Cloud Marketplace listings. Each is a dedicated deployment of the Moorcheh engine for Memanto, with a yearly price that the page shows. The Sovereign plan is a deployment in the customer's own cloud, with a custom price.
When did Moorcheh launch, and how did it grow?
From a consulting site in 2024 to a platform with paid plans and open-source parts in 2026. Each entry carries its grade.
- 2 August 2024CThe earliest readable copy of the company's site presents Edge AI Innovations Inc. as a consulting and implementation firm for edge AI. [7, 19]
- 8 November 2024CThe company's site lists an Edge AI Innovations Summit in Toronto on this date. [6]
- 9 July 2025CThe platform changelog dates version 1.0.0 of the Moorcheh console, with a dashboard, a playground and pricing tiers. [8]
- 22 April 2026CFirst GitHub release of Memanto, the open-source memory agent that stores memories in Moorcheh. [11, 15]
- 22 May 2026CFirst version of Moorcheh On-Prem, the local version. It becomes source-available on 20 July 2026. [9]
- 12 November 2026CThe pricing page lists Community, Production and Sovereign plans and three Google Cloud Marketplace tiers. [1]
What could go wrong for Moorcheh?
The risks are the mirror image of the causes above.
What is not verified
No revenue figure was found, and no source states that a customer has paid. A payment-processor profile, a press piece or a customer case study would settle it. The home page says an enterprise cut its retrieval costs from US$2.5 million to US$36,000 a year without naming it. Funding and headcount were not found. The company says its method is patent-pending, and its speed and accuracy figures are its own. The checkout of the Production plan sits behind the console login and was not seen. Edge AI Innovations Inc. is older than the product, and its incorporation date was not found. Its domain was registered on 7 March 2024, and its site of August 2024 sold consulting.
Trust signals on the home page
The home page shows three quotations, a heading "Trusted by industry leaders" and badges for SOC 2, HIPAA and ISO 27001. The quotations come from the founders of three other companies. Each quotation carries a full name, a photo and a company. The home pages of ShyftLabs, Evalia and DrPal, read on 12 November 2026, do not mention Moorcheh or the quoted person. No outside source confirms the quotations. The badge wording says "Ready", "Compatible" and "Foundation", not that an audit is complete. The page also shows counters such as "2,000+ QPS" that no outside test confirms.
An earlier services business
The company's earlier site sold edge-AI consulting and implementation. Its terms still list custom AI agent development and consulting as services. The Moorcheh engine is software with published prices, so this story counts it from its platform release in July 2025. No incorporation date was found, and the start of the company is not verified. The company site also names NVIDIA, Intel and Advantech as partners, and no outside source for this was found.
Open source and source-available parts
Only some parts are open source. Memanto and the Python SDK carry an MIT licence. The local version, Moorcheh On-Prem, is described by the company as source-available and free for single-node and non-commercial use. The core engine in the hosted service is closed. The Memanto cloud service is marked launching soon.
Sources
The grade next to each source is the best grade that the source can support. "Read in full" means that the text of the page was downloaded and the numbers were checked in it.
- C Moorcheh pricing page, read 12 November 2026Read in full. Source for the plans, the marketplace tiers, the free trial and the usage units.
- C Moorcheh documentation: Pricing guide, read 12 November 2026Read in full. Source for the Production plan, the console path and the unit prices.
- C Moorcheh home page, read 12 November 2026Read in full. Source for the claims, the three quotations, the badges, the architecture diagram and the footer.
- C Moorcheh about page, read 12 November 2026Read in full. It attributes its mission quotation to the research team at Edge AI Innovations, not to a named founder.
- C Moorcheh terms and conditions, last updated 7/10/2025 as the page shows, read 12 November 2026Read in full. Source for the services list and the payment terms. The page still shows a template line, "[Jurisdiction]".
- C Edge AI Innovations home page, read 12 November 2026Read in full. Source for the co-founders, the summit date and the company's mission.
- C Edge AI Innovations home page, Internet Archive copy of 2 August 2024Read the text of the copy. Shows the services business of 2024. It mentions neither Moorcheh nor Memanto.
- C Moorcheh platform changelog, read 12 November 2026Read in full. Source for version 1.0.0 on 9 July 2025, the documentation host and later releases.
- C Moorcheh On-Prem changelog, read 12 November 2026Read in full. Source for version 0.1.0 on 22 May 2026 and the source-available release on 20 July 2026.
- C moorcheh-ai organisation page on GitHub, read 12 November 2026Read the overview and the repository list. Source for the ecosystem, the licences and the repository star counts.
- C Memanto releases on GitHub, page 7, read 12 November 2026Read the end of the release list. Source for v0.0.1, published on 22 April 2026 from a commit signed on 17 April 2026.
- C Moorcheh Python SDK releases on GitHub, read 12 November 2026Read the release list. It starts at v1.3.0 on 5 December 2025.
- C arXiv 2601.11557: From HNSW to Information-Theoretic BinarizationRead the abstract page. It is the company's paper of 16 December 2025. Its claims were not tested here.
- C arXiv 2604.22085: Memanto, Typed Semantic MemoryRead the abstract page. Submitted on 23 April 2026. Its claims were not tested here.
- C Memanto home page, read 12 November 2026Read in full. Source for where Memanto keeps memories and for the launching-soon cloud service.
- C the failed-startup database record: NeevaRecord page read on 12 November 2026. An AI-assisted summary, not independently verified.
- C the failed-startup database record: RethinkDBRecord page read on 12 November 2026. An AI-assisted summary, not independently verified.
- C Moorcheh events page, read 12 November 2026Read in full. Lists meetups in 2026. No funding or customer statement was found on it.
- C Internet Archive index of captures of edgeaiinnovations.com, read 12 November 2026Read the first five lines. The earliest capture is 16 May 2024, with a status of 403.
- C DrPal home page, read 12 November 2026Read the text of the page. It does not name Moorcheh or the person quoted on Moorcheh's home page.
- C Registry record (RDAP) of the domain edgeaiinnovations.com, read 12 November 2026Read in full. It gives the registration date of the domain, 7 March 2024. It is not an incorporation record.
- C ShyftLabs home page, read 12 November 2026Read the text of the page. It does not name Moorcheh or the person quoted on Moorcheh's home page.
- C Evalia home page, read 12 November 2026Read the text of the page. It does not name Moorcheh or the person quoted on Moorcheh's home page.
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