News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Postscript product leader interview: company exceeds USD 100 million ARR
On 2025/3/19, Product School’s introduction to an interview with Postscript CPO Chiara McPhee stated that it had exceeded USD 100 million in annual recurring revenue and served more than 20 thousand Shopify merchants. A USD 100 million revenue estimate is only a lower bound.
Journify raises USD 4 million in seed financing
On 2025-2-24, according to Xiniu Data, Journify completed seed financing, raising USD 4 million.
Third-party comment puts Midjourney ARR at approximately USD 500 million; awaiting verification
On 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.
Motif Discloses Seed Round and Series A Combined Financing USD 46 million
On 2025-2-10, according to Xiniu Data, Motif Discloses Seed Round and Series A Combined Financing USD 46 million.
Yousifu completes strategic financing
On 2025-2-10, according to Xiniu Data, Yousifu completed strategic financing, raising an undisclosed amount.
Jenni reaches USD 10 million milestone
On 2025/2/5, Jenni AI founder David Park announced a USD 10 million milestone on X. The original post did not specify whether this was ARR, revenue for a period or cumulative revenue, and did not disclose funding or valuation.
Motif completes strategic financing
On 2025-1-30, according to Xiniu Data, Motif completed strategic financing, raising an undisclosed amount.
Chengdu Huifenghe raises tens of millions of RMB in strategic financing
On 2025-1-22, according to Xiniu Data, Chengdu Huifenghe completed strategic financing, raising tens of millions of RMB.
Cursor discloses more than USD 100 million recurring revenue, raises USD 105 million Series B
On 2025/1/16, the Cursor Team announced USD 105 million in Series B funding on its official blog, with investors including Thrive Capital, Andreessen Horowitz, Benchmark and existing investors. It disclosed recurring revenue exceeding USD 100 million, without specifying the annualization period.
Eve raises USD 47 million Series A
On 2025/1/16, Eve announced USD 47 million in Series A funding led by Andreessen Horowitz, with Lightspeed Venture Partners and Menlo Ventures participating. Eve provides an AI platform for plaintiff law firms.
Weifulai raises RMB 10 million in Series B financing
On 2025-1-15, according to Xiniu Data, Weifulai completed Series B financing, raising RMB 10 million.
Qualified Health completes USD 30 million seed financing
On 2025-1-9, according to Xiniu Data, Qualified Health completed USD 30 million seed financing
Fazeshift raises USD 4 million in seed financing
On 2025-1-8, according to Xiniu Data, Fazeshift completed seed financing, raising USD 4 million.
Dify.AI completes strategic investment financing
On 2025-1-7, according to Xiniu Data, Dify.AI completed strategic investment financing
Saifujiyin completes strategic financing
On 2024-12-31, according to Xiniu Data, Saifujiyin completed strategic financing, raising an undisclosed amount.
iFlyTek Healthcare completes an IPO
On 2024-12-30, according to Xiniu Data, Xunfei Medical Completes IPO.
Stability AI reaches USD 30 million in ARR
On 2024/12/28, ARR Club reported that Stability AI, a UK open-source AI image company, disclosed annual recurring revenue of USD 30 million. Known for its Stable Diffusion model series, its revenue had declined from USD 44 million at the end of 2023.
Brevo discloses its latest business progress
On 2024/12/27, ARR Club reported that French email marketing platform Brevo announced its latest business progress, disclosing approximately 500,000 users or customers without providing a specific revenue figure.
Origami discloses latest business progress
On 2024/12/25, X reported that startup Origami had announced its latest business progress without disclosing directly quantifiable revenue or funding amounts. Its specific products and business direction had not been made public.
Source for Champify entry actually discloses Heap ARR history
On 2024/12/20, LinkedIn reported a signal originally assigned to Champify by ARR Club, but the original text actually described Heap growing from USD 400,000 to USD 10 million in ARR. To avoid misattribution, this entry does not record a Champify revenue amount.
Databricks exceeds USD 3 billion in ARR and raises USD 10 billion at a USD 62 billion valuation
On 2024/12/18, Databricks reported that the US cloud data platform Databricks exceeded USD 3 billion in annual recurring revenue and completed USD 10 billion in Series J funding at a USD 62 billion valuation. It provides a unified lakehouse analytics platform for data teams.
iFlyTek Healthcare completes an IPO
On 2024-12-18, according to Xiniu Data, Xunfei Medical Completes IPO.
Gruns reaches USD 100 million ARR
On 2024/12/6, X reported that startup Gruns had disclosed USD 100 million in annual recurring revenue. Its specific business type had not been publicly disclosed; revenue scale was the central information in this update.
Bilt annualized revenue milestone remains to be checked
ARR 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.