Summary:
49 startups raised $100 million or more in 2024.
9 AI companies have already raised over $100 million in 2025.
Anthropic raised a staggering $3.5 billion, making it the largest round so far this year.
Together AI and Lambda also secured significant funding with $305 million and $480 million respectively.
The AI sector continues to thrive, showcasing innovation and investment opportunities.
Last year was a monumental year for the AI industry in the U.S. and beyond. In 2024, there were 49 startups that raised funding rounds worth $100 million or more, with three companies raising more than one mega-round and seven raising rounds at $1 billion or larger.
How will 2025 compare? It's still early in the year, but the number of U.S. AI companies that have raised more than $100 million is almost in double digits, and there has already been one round larger than $1 billion.
Here are all the U.S. AI companies that have raised more than $100 million so far this year:
March
- Anthropic raised $3.5 billion in a Series E round that valued the startup at $61.5 billion. The round was announced on March 3 and was led by Lightspeed with participation from Salesforce Ventures, Menlo Ventures, and General Catalyst.
February
- Together AI, which creates open source generative AI, raised $305 million in a Series B round, valuing the company at $3.3 billion.
- Lambda, an AI infrastructure company, raised $480 million in a Series D round, valuing the startup at nearly $2.5 billion.
- Abridge, an AI platform for transcribing patient-clinician conversations, raised $250 million in a Series D round, valuing it at $2.75 billion.
- Eudia, an AI legal tech company, raised $105 million in a Series A round.
- EnCharge AI, which specializes in AI hardware, raised $100 million in a Series B round.
- Harvey, another AI legal tech company, raised $300 million in a Series D round, valuing it at $3 billion.
January
- ElevenLabs, a synthetic voice startup, raised $180 million in a Series C round, valuing the company at more than $3 billion.
- Hippocratic AI, developing large language models for healthcare, raised $141 million in a Series B round, valuing it at over $1.6 billion.
The momentum in the AI sector shows no signs of slowing down, with innovative startups leading the charge towards a technologically advanced future.
Comments