News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗AI search engine startup Profound raises USD 35 million Series B
On 2025/8/12, Fortune reported that AI search optimization company Profound had raised USD 35 million in Series B funding at a USD 100 million valuation. It helps brands remain visible as AI reshapes search.
Maisizhiqu completes equity financing
On 2025-8-5, according to Xiniu Data, Maisizhiqu completed equity financing, raising an undisclosed amount.
Harvey reaches USD 100 million ARR, more than 500 customers
On 2025/8/4, CNBC reported that legal AI company Harvey had reached USD 100 million ARR approximately three years after founding, with more than 500 customers and coverage of 42% of AmLaw 100 firms. Total funding exceeded USD 800 million, with growth mainly coming from expanded use by existing customers.
Lemlist reaches USD 30 million in ARR
On 2025/8/4, LinkedIn reported that cold email outreach platform Lemlist disclosed annual recurring revenue of USD 30 million. It helps sales teams send personalized cold emails at scale.
ColdIQ reaches USD 6 million ARR
On 2025/8/1, X reported that cold email outreach platform ColdIQ had disclosed USD 6 million in annual recurring revenue, growing steadily from USD 5 million ARR in month 6.
MailTester reaches USD 100 thousand ARR
On 2025/7/29, LinkedIn reported that UK email verification tool MailTester had disclosed USD 100 thousand in annual recurring revenue. It helps marketing teams validate addresses to improve deliverability.
Shangtang Technology raises HKD 2.5 billion in main-board private placement
On 2025-7-24, according to Xiniu Data, Shangtang Technology completed main-board private placement, raising HKD 2.5 billion.
8hours reaches USD 800 thousand ARR
On 2025/7/23, LinkedIn reported that UK AI administrative assistant platform 8hours had disclosed USD 800 thousand in annual recurring revenue. It provides AI administrative assistants for businesses, automatically handling schedules and emails.
FleetWorks reaches USD 5 million ARR
On 2025/7/11, ARR Club reported that fleet management platform FleetWorks had disclosed USD 5 million in annual recurring revenue. It manages enterprise fleet operations and maintenance schedules.
Omniplex Learning USD 27 million ARR claim remains to be checked
ARR Club recorded USD 27 million in ARR, but available industry material refers to approximately GBP 27 million in operating revenue in 2024. The currency, measurement period, and metric differ. No original disclosure supporting this USD ARR claim has been found.
LangChain’s ARR reportedly ranges from 12 million to USD 16 million
In 2025/7, TechCrunch cited sources saying LangChain’s ARR ranged from 12 million to USD 16 million, mainly driven by LangSmith. USD 16 million was the upper bound and must not be treated as an exact realized figure.
Sanmai raises USD 12 million in Series A financing
On 2025-7-7, according to Xiniu Data, Sanmai completed Series A financing, raising USD 12 million.
Sendpilot reaches USD 40 thousand ARR
On 2025/7/7, ARR Club reported that UK email marketing tool Sendpilot had disclosed USD 40 thousand in annual recurring revenue. It helps small and medium-sized businesses send automated email marketing sequences.
Systeme reaches USD 20 million in ARR
On 2025/7/6, ARR Club reported that French integrated marketing platform Systeme disclosed annual recurring revenue of USD 20 million. It provides email marketing, website building, and automation for small and medium-sized businesses.
Missive reaches USD 7 million ARR
On 2025/6/27, X reported that collaborative team inbox platform Missive had disclosed USD 7 million in annual recurring revenue. The shared inbox supports collaborative allocation of emails and tasks.
ColdIQ reaches USD 5 million ARR
On 2025/6/26, ARR Club reported that cold email outreach platform ColdIQ had disclosed USD 5 million in annual recurring revenue. It helps sales teams automate cold email outreach.
Airwallex USD 800 million annualized revenue milestone remains to be checked
In its official retrospective in 2025/8, Airwallex said it reached a USD 800 million annualized revenue run rate less than three months before reaching USD 900 million. The specific original announcement date still requires confirmation against contemporaneous original reports.
Flex financial services revenue claim remains to be checked
This ARR Club entry concerns Flex financial services for small business owners; the old brief incorrectly described it as an employee benefits platform. An original disclosure of USD 35 million in ARR has not been found. Payment volume and acquisition amounts cannot substitute for revenue.
Zhongkanmaipu completes strategic financing
On 2025-6-3, according to Xiniu Data, Zhongkanmaipu completed strategic financing, raising an undisclosed amount.
OpenAI announces io team merger arrangement in 2025/5; team formally joins in month 7
On 2025/5/21, OpenAI announced cooperation and a merger arrangement with the io team founded by Jony Ive and others. An update on 7/9 said the team had formally joined. LoveFrom remained independent; the original USD 6.4 billion transaction amount still required a separate original price disclosure.
Abridge reaches USD 117 million in contracted ARR; actual ARR may be near USD 100 million
On 2025/5/20, The Information reported, citing people familiar with the matter, that Abridge reached USD 117 million in contracted annual recurring revenue in the first quarter of 2025. The contracted amount included contracts that had not yet begun billing; actual ARR was reportedly potentially near USD 100 million. Funding and an approximately USD 5 billion valuation remained under discussion, rather than a completed transaction.
Maitexin completes strategic financing
On 2025-5-20, according to Xiniu Data, Maitexin completed strategic financing, raising an undisclosed amount.
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.
Arcads reaches USD 5 million ARR with team of just 5
On 2025/4/9, Arcads co-founder Romain Torres disclosed on X that ARR had reached USD 5 million with just 5 team members. Reaching USD 100 million ARR with fewer than 10 people was a future target and cannot be recorded as current valuation.