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Interesting, it looks like they're only a little over a year old. Maybe in a couple years they'll be able to drop prices.
I wish they'd combine their product with a VPN offering. If Mozilla integrated with their own VPN (i.e. VPN settings per container group), I'd already be a customer. But it's just a co-branded VPN without anything special added on top. If Kagi offered a combined option of VPN + search with VPN integration in their browser, I'd seriously consider it. However, I use Linux and Android for my personal devices, so the only feature I can use from them is their search, and that just isn't attractive at current prices.
I'll certainly check back once they've matured a bit, but I'm not going to be an early adopter though. I sincerely hope they stabilize their financials though, since bleeding $100k/month for salaries isn't ideal.