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 price $100 million or extra in 2024, per our depend at TechCrunch. Three firms raised multiple “mega-round” final yr, and 7 firms raised rounds at $1 billion or bigger.
How will 2025 evaluate? 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 thus far this yr.
March
AI analysis and huge language mannequin firm Anthropic raised $3.5 billion in a Collection E spherical 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 Collection B spherical 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 Collection D spherical 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 Collection D spherical that was introduced on February 17. The $250 million spherical 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 Collection A spherical led by Normal Catalyst. Floodgate, Defy Ventures, and In every single 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 Collection B spherical 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 Collection D spherical 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 increase.
January
Artificial voice startup ElevenLabs raised a $180 million Collection C spherical that valued the corporate at greater than $3 billion. It was introduced on January 30. The spherical was co-led by ICONIQ Development 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 Collection B spherical 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.
