News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Airwallex exceeds USD 1 billion annualized revenue, raises USD 330 million
On 2025/12/8, X reported that cross-border fintech company Airwallex had raised USD 330 million at a USD 8 billion valuation, with annualized revenue exceeding USD 1 billion, growing approximately 90% year over year. It provides cross-border payments and treasury management for global businesses.
Perplexity reaches a USD 20 billion valuation in 2025, raises USD 122 million and USD 122 million in total, with USD 148 million in annual revenue and about 300,000 employees
On 2025/12/6, Sacra reported that AI search company Perplexity, founded by Aravind Srinivas, reached a USD 20 billion valuation in 2025, raised USD 122 million during the year, and had approximately USD 148 million in ARR. Its main revenue sources were subscriptions and advertising.
Neurons reaches USD 10 million in ARR
On 2025/12/3, LinkedIn reported that Danish company Neurons grew from 0 to USD 10 million in ARR within four years. It did not disclose its funding round, investors, or valuation.
OpenEvidence raises USD 200 million at USD 6 billion valuation
On 2025/10/23, NYT reported that medical AI search company OpenEvidence had raised USD 200 million at a USD 6 billion valuation. It did not disclose specific investors or revenue and focuses on evidence-based medical Q&A for doctors and researchers.
Addi reaches USD 200 million ARR
On 2025/10/17, LinkedIn reported that Latin American buy-now-pay-later fintech company Addi had reached USD 200 million in annual recurring revenue, with a profit margin above Nubank and Affirm. It did not disclose its funding round, investors or valuation.
Eat Ping reaches USD 1 million in ARR
On 2025/9/26, LinkedIn reported that French company Eat Ping reached USD 1 million in annual recurring revenue. It did not disclose its funding round, investors, or valuation.
Perplexity reaches USD 200 million ARR
On 2025/9/11, TechCrunch reported that US AI search company Perplexity had reached USD 200 million in annual recurring revenue. It did not disclose specific details or valuation for its latest funding round.
Kapital reaches USD 200 million in annualized revenue and raises USD 100 million in Series C funding at a USD 1.3 billion valuation
On 2025/9/4, X reported that Mexican fintech company Kapital raised USD 100 million in Series C funding at a USD 1.3 billion valuation, reaching USD 200 million in annualized revenue.
Alaan reaches USD 10 million in ARR and raises USD 48 million
On 2025/8/18, TechCrunch reported that Alaan, a UAE AI fintech company, raised USD 48 million in Series A funding and had approximately USD 10 million in ARR.
Perplexity seeks new funding at proposed USD 20 billion post-money valuation, exceeds USD 150 million ARR
On 2025/8/13, Investing.com cited Business Insider in reporting that AI search company Perplexity was seeking a new funding round at a proposed USD 20 billion post-money valuation, with the amount undisclosed. Current ARR exceeded USD 150 million. The USD 34.5 billion mentioned in the article was its offer to acquire Chrome, not cumulative funding.
1600 global brands, a million US dollars ARR and 100% monthly growth: which company is it?
On 2025/6/21, NetEase reported that global influencer marketing AI agent platform CrowdCore had exceeded a million US dollars ARR, with 100% monthly growth and 1600 brands on its platform. Customers included L’Oréal and Sephora. AI matching accuracy exceeded 90%, and its database covered more than 200 million influencers.
MainFunc’s Genspark reaches USD 36 million ARR within 45 days of launch
On 2025/5/19, X disclosed that AI search company Genspark had reached USD 36 million ARR within 45 days, with approximately 20 team members and growth entirely through word of mouth, without any paid promotion.
AI search startup Genspark AI raises USD 100 million Series A at USD 530 million valuation, with more than 2 million monthly active users
On 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.
Oura completes USD 200 million in Series D funding at a USD 5.2 billion valuation
On 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.
Perplexity AI at $10M ARR
On 2024/1/4, IVP reported that U.S. AI search company Perplexity completed USD 73.6 million in financing led by IVP at a USD 520 million valuation, with total financing exceeding USD 100 million. The product had approximately 10 million monthly active users and a team of only 39, with current annualized revenue of approximately USD 10 million.