INSUBCONTINENT EXCLUSIVE:
Last year was monumental for the AI industry in the United States and beyond.There were 49 startups that raised funding rounds worth $100
momentum will continue this year
There have already been multiple billion-dollar rounds this year, and more AI megarounds closed in the United States in Q1 2025 compared to
Q1 2024.Here are all the United States AI companies that have raised $100 million this year:AprilSandboxAQ closed a $450 million Series E
round on April 4 that valued the AI model company at $5.7 billion
The round included Nvidia, Google, and Bridgewater Associates founder Ray Dalio among other investors.Runway, which creates AI models for
media production, raised a $308 million Series D round that was announced on April 3, valuing the company at $3 billion
It was led by General Atlantic
SoftBank, Nvidia, and Fidelity also participated.MarchAI behemoth OpenAI raised a record-breaking $40 billion funding round that valued the
This round, which closed on March 31, was led by SoftBank with participation from Thrive Capital, Microsoft, and Coatue, among others.On
March 25, Nexthop AI, an AI infrastructure company, announced that it had raised a Series A round led by Lightspeed Venture Partners
The $110 million round also included Kleiner Perkins, Battery Ventures, and Emergent Ventures, among others.Cambridge Massachusetts-based
Insilico Medicineraised $110 million for its generative AI-powered drug discovery platform as announced on March 13
This Series E round valued the company at $1 billion and was co-led by Value Partners and Pudong Chuangtou.AI infrastructure company
Celestial AI raised a $250 million Series C round that valued the company at $2.5 billion
The March 11 round was led by Fidelity with participation from Tiger Global, BlackRock, and Intel CEO Lip-Bu Tan, among others.Lila Sciences
raised a $200 million seed round as it looks to create a science superintelligence platform
The round was led by Flagship Pioneering
The Cambridge, Massachusetts-based company also received funding from March Capital, General Catalyst, and ARK Venture Fund, among
others.Brooklyn-based Reflection.Ai, which looks to build superintelligent autonomous systems, raised a $130 million Series A round that
values the 1-year-old company at $580 million
The round was led by Lightspeed Venture Partners and CRV.AI coding startup Turing closed a Series E round on March 7 that valued the
startup, which partners with LLM companies, at $2.2 billion
The $111 million round was led by Khazanah Nasional with participation from WestBridge Capital, Gaingels, and Sozo Ventures, among
others.Shield AI, an AI defense tech startup, raised $240 million in a Series F round that closed on March 6
This round was co-led by L3Harris Technologies and Hanwha Aerospace, with participation from Andreessen Horowitz and the US Innovative
Technology Fund, among others
The round valued the company at $5.3 billionAI research and large language model company 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, among others.FebruaryTogether AI, which creates open source generative AI and AI model development infrastructure, raised a $305
million Series B round that valued the company at $3.3 billion
The February 20 round was co-led by Prosperity7 and General Catalyst with participation from Salesforce Ventures, Nvidia, Lux Capital, and
others.AI infrastructure company Lambda raised a $480 million Series D round that was announced on February 19
The round valued the startup at nearly $2.5 billion and was co-led by SGW and Andra Capital
Nvidia, G Squared, ARK Invest, and others also participated.Abridge, an AI platform that transcribes patient-clinician conversations, was
valued at $2.75 billion in a Series D round that was announced on February 17
The $250 million round was co-led by IVP and Elad Gil
Lightspeed, Redpoint, and Spark Capital also participated, among others.Eudia, an AI legal tech company, raised $105 million in a Series A
round led by General Catalyst
Floodgate, Defy Ventures, and Everywhere Ventures also participated in the round in addition to other VC firms and numerous angel investors
The round closed on February 13.AI hardware startup EnCharge AI raised a $100 million Series B round that also closed on February 13
The round was led by Tiger Global with participation from Scout Ventures, Samsung Ventures, and RTX Ventures, among others
The Santa Clara-based business was founded in 2022.AI legal tech company Harvey raised a $300 million Series D round that valued the
3-year-old company at $3 billion
The round was led by Sequoia and announced on February 12
OpenAI Startup Fund, Kleiner Perkins, Elad Gil, and others also participated in the raise.JanuarySynthetic voice startup ElevenLabs raised a
$180 million Series C round that valued the company at more than $3 billion
It was announced on January 30
The round was co-led by ICONIQ Growth and Andreessen Horowitz
Sequoia, NEA, Salesforce Ventures, and others also participated in the round.Hippocratic AI, which develops large language models for the
healthcare industry, announced a $141 million Series B round on January 9
This round valued the company at more than $1.6 billion and was led by Kleiner Perkins
Andreessen Horowitz, Nvidia, and General Catalyst also participated, among others.This piece was updated on April 23 to include more deals
This piece has been updated to remove that Abridge is based in Pittsburgh; the company was founded there
