News
Published company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗| Date | Headline | Category | Amount | Source |
|---|---|---|---|---|
| Feb 24, 2025 | AI search startup Genspark AI raises USD 100 million Series A at USD 530 million valuation, with more than 2 million monthly active usersOn 2025/2/24, Yahoo Finance republished a GlobalData report claiming that AI search company Genspark AI had raised USD 100 million in Series A funding at a USD 530 million valuation, with more than 2 million monthly active users. It had previously raised USD 60 million in seed funding in 2024/6. | — | $100M | finance.yahoo.com ↗ |
| Feb 20, 2025 | Third-party comment puts Midjourney ARR at approximately USD 500 million; awaiting verificationOn 2025/2/20, Jonathan Attias’s original LinkedIn post listed approximately USD 300 million ARR and 131 staff for Midjourney, while Wesley Tian’s comment put it at approximately USD 500 million ARR and 40 staff. The figures conflict, with no supporting official company disclosure obtained. This entry preserves the lead and is excluded from aggregate revenue estimates. | — | — | linkedin.com ↗ |
| Feb 12, 2025 | Airwallex founder looks back: annualized revenue run rate reached USD 600 million by the end of 2024On 2025/2/12, Airwallex co-founder and CEO Jack Zhang recalled that the company crossed a USD 500 million annualized revenue run rate around 2024/8 and reached USD 600 million approximately three months later. Here ARR means annual run rate revenue, which is not equivalent to strictly defined subscription recurring revenue. | — | — | airwallex.com ↗ |
| Feb 11, 2025 | Employment Hero reaches USD 250 million in ARROn 2025/2/11, LinkedIn reported that Employment Hero, an Australian HR SaaS company, disclosed annual recurring revenue of USD 250 million and had become profitable. It provides small and medium-sized businesses with integrated payroll, attendance, and HR management services. | — | — | linkedin.com ↗ |
| Feb 11, 2025 | Fay Nutrition reaches USD 50 million in ARR and completes USD 50 million in Series B fundingOn 2025/2/11, Cerebral Valley reported that nutritional supplement subscription company Fay Nutrition completed USD 50 million in Series B funding and reached USD 50 million in annual recurring revenue. | — | $50M | cerebralvalley.ai ↗ |
| Feb 6, 2025 | Saviynt reaches USD 200 million ARROn 2025/2/6, Saviynt reported that the US cloud identity security company had disclosed a record USD 200 million in annual recurring revenue. Its platform protects identities and access permissions in enterprise cloud environments. | — | — | saviynt.com ↗ |
| Feb 3, 2025 | Sanas reaches USD 20 million ARROn 2025/2/3, LinkedIn reported that US voice AI company Sanas had disclosed USD 20 million in annual recurring revenue. It converts accents in real time during calls, helping enterprise customer service teams overcome language barriers. | — | — | linkedin.com ↗ |
| Jan 30, 2025 | Semperis reaches USD 100 million ARROn 2025/1/30, Insight Partners reported that US identity security company Semperis had disclosed USD 100 million in annual recurring revenue. From USD 3 million ARR in 2019, it became a major identity security provider within five years. | — | — | insightpartners.com ↗ |
| Jan 28, 2025 | Turing Revenue Disclosure Review: Annual Revenue Run Rate at End of Year 2024 USD 300 millionStarting from AI talent identification and matching, it has evolved into model coding training data and AI R&D services; included according to the same AI talent/training data caliber as Mercor and others. Uses 2025-01-28 company post USD 300 million annualized; later LinkedIn paraphrases do not impersonate new revenue measurements or new official disclosures. | — | — | markets.financialcontent.com ↗ |
| Jan 14, 2025 | Airwallex reaches USD 700 million ARROn 2025/1/14, ARR Club reported that Singaporean cross-border payments company Airwallex had disclosed USD 700 million in annual recurring revenue. ARR continued growing from USD 600 million in 2024/11, with rapid global expansion in collections and payments. | — | — | arr.club ↗ |
| Jan 7, 2025 | Anthropic in talks to raise funding at $60 billion valuationOn 2025/1/7, CNBC reported that US AI company Anthropic was in late-stage funding talks, planning to raise up to USD 2 billion at a valuation of USD 60 billion. The developer of the Claude chatbot currently had annual revenue of approximately USD 875 million. | — | $2B | cnbc.com ↗ |
| Dec 31, 2024 | BigID reaches USD 100 million in ARROn 2024/12/31, BigID reported that the US data security company BigID disclosed annual recurring revenue of USD 100 million. It helps enterprises discover, manage, and protect sensitive data, establishing a position in the data security governance market. | — | — | bigid.com ↗ |
| Dec 24, 2024 | xAI completed Series C financing of USD 6 billion, with a valuation of over USD 40 billionOn 2024-12-24, according to IT Zhijia, Musk’s xAI announced the completion of Series C financing of USD 6 billion. This round attracted participation from AZ, BlackRock, Fidelity, Kingdom Holdings, Lightspeed Venture Capital, MGX, Morgan Stanley, Sequoia Capital, etc. Nvidia and AMD are strategic investors, and the company’s valuation is over USD 40 billion. Funds will be used to expand computing infrastructure and train new models (16). | — | $6B | ithome.com ↗ |
| Dec 19, 2024 | Oura completes USD 200 million in Series D funding at a USD 5.2 billion valuationOn 2024/12/19, Oura announced USD 200 million in Series D funding, with participation from Fidelity Management & Research Company and Dexcom, at a valuation of USD 5.2 billion. Oura is a smart ring company founded in Finland in 2013. | — | $200M | businesswire.com ↗ |
| Dec 10, 2024 | Cohesity reaches USD 1.5 billion in ARROn 2024/12/10, Cohesity reported that the US data protection company reached USD 1.5 billion in annual recurring revenue and became the world's largest data protection provider after acquiring another vendor in the field. | — | — | cohesity.com ↗ |
| Dec 6, 2024 | Yoto reaches USD 127.3 million in ARROn 2024/12/6, ARR Club reported that Yoto, a UK children's audio hardware company, disclosed annual recurring revenue of USD 127.3 million. Starting from USD 4.9 million in ARR in 2020, it became a hundred-million-yuan-scale enterprise in children's audio within four years. | — | — | linkedin.com ↗ |
| Dec 4, 2024 | Bilt annualized revenue milestone remains to be checkedARR Club dated Bilt's USD 200 million revenue milestone to 2024/12/4. A report produced by FT Partners with the company used an annualized revenue measure, but the original announcement date had not been confirmed, so it was not included in verifiable revenue. | — | — | arr.club ↗ |
| Dec 4, 2024 | Latin American startup Vambe grows revenue sharply after conversational AI pivot, raises USD 3.8 million seed round and reaches USD 1 million annual revenueOn 2024/12/4, TechCrunch reported that Chilean conversational AI company Vambe had raised USD 3.8 million in seed funding, with current annual revenue of approximately USD 1 million. Founded by Nicolás Camhi and others, it grew revenue sharply after pivoting in 2024/3 to WhatsApp conversational AI agents for small and medium-sized businesses. | — | $3.8M | techcrunch.com ↗ |
| Dec 2, 2024 | OpenAI annualized revenue claim for 2024/12 remains to be checkedARR Club dated OpenAI's USD 5.5 billion annualized revenue to 2024/12/2. A later Reuters report reviewed the company-wide run rate for month 12, but it does not establish a disclosure on that date or justify attributing the figure to ChatGPT product ARR. | — | — | arr.club ↗ |
| Nov 8, 2024 | Cursor reaches USD 50 million ARROn 2024/11/8, TechCrunch reported that AI code editor Cursor had disclosed USD 50 million in annual recurring revenue. Investors including Benchmark and Index were engaged in an intense unsolicited bidding contest for the company. | — | — | techcrunch.com ↗ |
| Oct 20, 2024 | Lemlist reaches USD 26 million ARROn 2024/10/20, ARR Club reported that US email outreach platform Lemlist had disclosed USD 26 million in annual recurring revenue. The bootstrapped company continued growing in email outreach and LinkedIn marketing tools. | — | — | arr.club ↗ |
| Oct 15, 2024 | Dialpad ARR surpasses $300MOn 2024/10/15, Dialpad officially announced that the AI enterprise communications platform exceeded USD 300 million in annual recurring revenue and acquired workforce management company Surfboard. The announcement did not disclose new funding. | — | — | dialpad.com ↗ |
| Sep 10, 2024 | Green Fusion reaches USD 1.1 million in ARROn 2024/9/10, ARR Club reported that Green Fusion, a German green energy software company, disclosed annual recurring revenue of USD 1.1 million. Its product helps households and enterprises manage solar and energy storage systems, generating early revenue during Europe's energy transition. | — | — | arr.club ↗ |
| Sep 1, 2024 | Media estimates OpusClip ARR at approximately USD 20 millionAccording to a VCsMemo article, media estimates put OpusClip ARR at approximately USD 20 million; this was not precise revenue disclosed by the company. | — | $30M | vcsmemo.com ↗ |
Briefs are translated from published source records. An amount is shown only when the source record includes one. Methodology