Market Opportunity
Governance for multi-tenant RAG - access control and reliable MCP targets a $6.0B = 40,000 mid-large enterprises x $150k ACV. Target = companies with enterprise LLM/RAG projects that need governance, averaging $150k/year for platform, support, and professional services. total addressable market with low saturation and a year-over-year growth rate of 30%+ as enterprises scale LLM projects and require governance.
Key trends driving demand: Enterprise LLM adoption -- drives need for governance as RAG patterns are embedded in business apps and pipelines; Explosion of connectors and tools -- increases attack surface and operational variability that governance must manage; Regulatory scrutiny on data use -- forces enterprises to demand auditable access control and lineage for AI outputs.
Key competitors include Pinecone, Weaviate, LangChain (and enterprise implementations), Aporia / Fiddler-like model monitoring vendors, Homegrown stacks and cloud IAM.