News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗PandaDoc ARR surpassed $100M
On 2024/8/28, according to LinkedIn, US document automation platform PandaDoc surpassed USD100 million in annual recurring revenue. The platform simplifies the creation, management, and electronic signing of business documents. Its customer count grew from 50,000 in 2023/6 to over 60,000. In 2021/9, the company completed Series C financing at a USD1 billion valuation.
Saifujiyin completes strategic financing
On 2024-8-16, according to Xiniu Data, Saifujiyin completed strategic financing, raising an undisclosed amount.
Final Round AI founder interview says USD 1 million ARR reached six months after launch
Z Potentials interviewed Final Round AI founder Guan Minghao, who said the AI interview assistant had reached USD 1 million ARR six months after launch. Huxiu had republished the interview by 2024/8/15; its original publication date was not independently verified. The old record incorrectly described it as a venture capital platform.
RB2B ARR hit $2M
On 2024/8/2, LinkedIn reported that RB2B, a US B2B visitor identification platform, achieved USD 2 million in annual recurring revenue in just 6 weeks after raising USD 10 million in total. The platform identifies companies visiting websites and provides the information to sales teams. Its monthly revenue had been only approximately USD 5178 six weeks earlier, indicating extremely rapid growth.
Clio ARR surpassed $200M
On 2024/7/23, TechCrunch reported that Clio, a Canadian legal technology company, completed USD 900 million in Series F funding at a valuation of USD 3 billion. Annual recurring revenue exceeded USD 200 million, doubling from USD 100 million in 2022/6. The platform serves more than 150,000 legal professionals in over 130 countries and recently entered Asia-Pacific markets.
Consensus ARR at $1.5M, growing by over 600% in 2024
On 2024/7/23, Consensus reported that the US AI academic search engine completed USD 11 million in Series A funding led by Union Square Ventures. Its current ARR was approximately USD 1.5 million, with growth exceeding 600% in 2024. The product helps users quickly find and understand scientific papers and has more than 400,000 monthly active users.
Together AI ARR at $100M in less than 10 months
On 2024/7/22, Transistor.fm reported that Together AI, a US AI infrastructure company, achieved USD 100 million in annual recurring revenue in less than 10 months. Total funding reached USD 228.5 million at a valuation of USD 1.25 billion. It helps enterprises simplify building, training, and deploying open-source large models, with ARR rising rapidly from USD 44 million in 2024/4.
Artificial.Agency raises USD 9.1383 million in seed financing
On 2024-7-18, according to Xiniu Data, Artificial.Agency completed seed financing, raising USD 9.1383 million.
Kunlunyuan Artificial Intelligence completes seed financing
On 2024-7-15, according to Xiniu Data, Kunlunyuan Artificial Intelligence completed seed financing, raising an undisclosed amount.
Moxin Artificial Intelligence completes strategic financing
On 2024-7-10, according to Xiniu Data, Moxin Artificial Intelligence completed strategic financing, raising an undisclosed amount.
Materia AI discloses over USD 6.3 million raised when launching platform
On 2024-6-21, according to Xiniu Data, Materia AI disclosed it had raised over USD 6.3 million when launching its platform; single-round scope pending verification.
GPTZero reaches USD 10 million ARR
On 2024/6/10, ARR Club reported that US AI text detection platform GPTZero had disclosed USD 10 million in annual recurring revenue. It helps educational institutions and publishers identify AI-generated content, with demand growing rapidly as generative AI spreads.
Headout announces acquisition of Dabble team
On 2024/5/31, Headout announced the acquisition of the YC-backed Dabble team to develop its AI experiences business. This was not a strategic funding round; the announcement did not specify the transaction amount or whether all equity in the original legal entity was acquired.
Saifujiyin raises RMB 100 million in Series C financing
On 2024-5-27, according to Xiniu Data, Saifujiyin completed Series C financing, raising RMB 100 million.
Moxin Artificial Intelligence raises hundreds of millions of RMB in Series B financing
On 2024-4-10, according to Xiniu Data, Moxin Artificial Intelligence completed Series B financing, raising hundreds of millions of RMB.
SF Compute’s 2024 revenue claim awaits verification
ARR Club lists SF Compute’s USD 4 million ARR milestone as 2024/3/3; no contemporaneous original disclosure has yet been found. An available founder post was published in 2025/8 and supports only approximately USD 4 million in annual revenue in 2025, not the 2024 ARR or disclosure date.
Dub discloses latest business progress
On 2024/1/1, X reported that US open-source link management tool Dub had announced its latest business progress without disclosing directly quantifiable revenue or funding amounts. An open-source alternative to bitly, it continued iterating within developer and marketing communities.
Pura Vida at $100M ARR
On 2023/12/21, X reported that Pura Vida, a US lifestyle brand, disclosed annual recurring revenue of USD 100 million. The brand began with handmade bracelets and jewelry accessories and was acquired by a16z for USD 130 million in 2019. Its revenue has now reached the level at the time of the acquisition.
Stability AI reaches USD 44 million ARR
On 2023/12/18, ARR Club reported that UK open-source AI image company Stability AI had disclosed USD 44 million in annual recurring revenue. Known for its Stable Diffusion models, it grew rapidly from USD 2.1 million ARR at the end of 2022.
VAST Data at $200 million ARR
On 2023/12/7, X reported that VAST Data, a US AI data storage platform, disclosed annual recurring revenue of USD 200 million, annual growth of approximately 3.3 times, and a gross margin approaching 90%. Its platform unifies storage, databases, and containerized computing engines. Customers include Booking Holdings, the US Air Force, Verizon, Pixar, Zoom, and others.
Zhifamao raises millions of RMB in angel financing
On 2023-12-4, according to Xiniu Data, Zhifamao completed angel financing, raising millions of RMB.
Databricks nearly $2B ARR
On 2023/12/1, SaaStr reported that Databricks, a US cloud data platform, disclosed annual recurring revenue approaching USD 2 billion, with annual growth of approximately 50%. The company provides a unified lakehouse analytics platform for data engineers, scientists, and analysts and continues expanding in the enterprise big data market.
Chatbase founder Yasser says on X that cumulative sales exceeded USD 1.25 million; this is lifetime sales, not ARR
On 2023/11/21, X reported that Chatbase had exceeded USD 1.25 million in cumulative sales, a lifetime sales measure rather than ARR. This AI chatbot product for websites gained early adoption among developers and small and medium-sized businesses.
Rewind discloses its first USD 1 million revenue milestone without specifying ARR
The founder's original post said Rewind reached its first USD 1 million revenue milestone, without specifying that the figure was ARR or giving the corresponding measurement period.