Final yr was a monumental yr for the AI business within the U.S. and past.
There have been 49 startups that raised funding rounds worth $100 million or extra in 2024, per our rely at TechCrunch. Three firms raised multiple “mega-round” final yr, and 7 firms raised rounds at $1 billion or bigger.
How will 2025 examine? It’s nonetheless early within the yr however the variety of U.S. AI firms which have raised greater than $100 million is nearly in double digits, and there has already been one spherical bigger than $1 billion.
Listed here are all of the U.S. AI firms which have raised greater than $100 million up to now this yr.
March
- AI analysis and enormous language mannequin firm Anthropic raised $3.5 billion in a Series E round that valued the startup at $61.5 billion. The spherical was introduced on March 3 and was led by Lightspeed with participation from Salesforce Ventures, Menlo Ventures, and Normal Catalyst, amongst others.
February
- Collectively AI, which creates open supply generative AI and AI mannequin improvement infrastructure, raised a $305 million Series B round that valued the corporate at $3.3 billion. The February 20 spherical was co-led by Prosperity7 and Normal Catalyst with participation from Salesforce Ventures, Nvidia, Lux Capital, and others.
- AI infrastructure firm Lambda raised a $480 million Series D round that was introduced on February 19. The spherical valued the startup at practically $2.5 billion and was co-led by SGW and Andra Capital. Nvidia, G Squared, ARK Make investments, and others additionally participated.
- Pittsburgh-based Abridge, an AI platform that transcribes patient-clinician conversations, was valued at $2.75 billion in a Sequence D spherical that was introduced on February 17. The $250 million round was co-led by IVP and Elad Gil. Lightspeed, Redpoint, and Spark Capital additionally participated, amongst others.
- Eudia, an AI authorized tech firm, raised $105 million in a Series A round led by Normal Catalyst. Floodgate, Defy Ventures, and All over the place Ventures additionally participated within the spherical along with different VC companies and quite a few angel buyers. The spherical closed on February 13.
- AI {hardware} startup EnCharge AI raised a $100 million Series B round that additionally closed on February 13. The spherical was led by Tiger World with participation from Scout Ventures, Samsung Ventures, and RTX Ventures, amongst others. The Santa Clara-based enterprise was based in 2022.
- AI authorized tech firm Harvey raised a $300 million Series D round that valued the 3-year-old firm at $3 billion. The spherical was led by Sequoia and introduced on February 12. OpenAI Startup Fund, Kleiner Perkins, Elad Gil, and others additionally participated within the elevate.
January
- Artificial voice startup ElevenLabs raised a $180 million Series C round that valued the corporate at greater than $3 billion. It was introduced on January 30. The spherical was co-led by ICONIQ Progress and Andreessen Horowitz. Sequoia, NEA, Salesforce Ventures, and others additionally participated within the spherical.
- Hippocratic AI, which develops giant language fashions for the healthcare business, introduced a $141 million Series B round on January 9. This spherical valued the corporate at greater than $1.6 billion and was led by Kleiner Perkins. Andreessen Horowitz, Nvidia, and Normal Catalyst additionally participated, amongst others.
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