News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Yingheyimai raises RMB 100 million in Series A financing
On 2025-4-7, according to Xiniu Data, Yingheyimai completed Series A financing, raising RMB 100 million.
Lumai raises USD 10 million in Series A financing
On 2025-4-3, according to Xiniu Data, Lumai completed Series A financing, raising USD 10 million.
Perplexity’s annualized revenue exceeds USD 100 million, excluding all free trials across consumer, enterprise and API. It took 20 months after launching Perplexity Pro in 2023. Annual revenue grew 6.3 times year over year, and the business remains substantially under-monetized.
On 2025/3/26, X reported that AI search engine Perplexity’s annualized revenue had exceeded USD 100 million, excluding free trials. It reached that milestone 20 months after launching Perplexity Pro in 2023, with annual revenue growing 6.3 times year over year.
Gong reaches USD 300 million ARR
On 2025/3/25, Gong reported that the US revenue intelligence platform had disclosed USD 300 million in annual recurring revenue. It uses AI to analyze sales calls and emails, continuing growth driven by demand for AI-powered revenue management.
Canaan raises USD 200 million in main-board private placement
On 2025-3-11, according to Xiniu Data, Canaan completed main-board private placement, raising USD 200 million.
Reports put Perplexity ARR at approximately USD 80 million; new funding valuation remains under discussion
In 2025/2, reports said Perplexity’s annual recurring revenue had reached approximately USD 80 million in month 1. The original record’s USD 500 million funding referred to an older round in 2024/12 at approximately USD 9 billion valuation. USD 15 billion was a valuation under discussion for a new round, not funding completed in this entry.
Maijicaishui completes strategic financing
On 2025-2-20, according to Xiniu Data, Maijicaishui completed strategic financing, raising an undisclosed amount.
Zhixing Technology raises RMB 200 million in main-board private placement
On 2025-2-13, according to Xiniu Data, Zhixing Technology completed main-board private placement, raising RMB 200 million.
Instantly reaches USD 20 million ARR
On 2025/2/10, LinkedIn reported that US cold email outreach platform Instantly had disclosed USD 20 million in annual recurring revenue. It provides sales teams with bulk email sending and warmed mailbox management, with ARR growing rapidly from USD 2.4 million at the beginning of 2023.
Lovable reaches USD 10 million ARR
On 2025/1/27, X reported that Swedish AI app-building platform Lovable had disclosed USD 10 million in annual recurring revenue. After first reaching a million ARR on 2024/12/7, it maintained growth over approximately two months.
Maitexin completes strategic financing
On 2025-1-26, according to Xiniu Data, Maitexin completed strategic financing, raising an undisclosed amount.
Mohemaidong completes strategic investment financing
On 2025-1-24, according to Xiniu Data, Mohemaidong completed strategic investment financing
Chenmai Technology completes strategic financing
On 2025-1-20, according to Xiniu Data, Chenmai Technology completed strategic financing, raising an undisclosed amount.
XtalPi raises HKD 1.13 billion in main-board private placement
On 2025-1-18, according to Xiniu Data, XtalPi completed main-board private placement, raising HKD 1.13 billion.
GlamAI reaches USD 3.5 million in ARR
On 2025/1/2, ARR Club reported that GlamAI, a US AI marketing asset generation platform, disclosed annual recurring revenue of USD 3.5 million. It automatically generates visual assets for e-commerce and marketing teams.
Brevo reaches EUR 179 million in ARR, approximately USD 208 million
On 2024/12/28, LinkedIn reported that Brevo, a French email marketing platform, reached EUR 179 million in annual recurring revenue, approximately USD 208 million. It provides email marketing and customer communication tools for small and medium-sized businesses, with ARR doubling from USD 100 million at the end of 2022.
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.
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.
OpenAI annualized revenue claim for 2024/12 remains to be checked
ARR 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.
Rayz discloses latest business progress
On 2024/11/18, VCs Memo reported that startup Rayz had announced its latest business progress without disclosing directly quantifiable revenue or funding amounts. Its specific business focus remained subject to future disclosure.
Plato discloses 6.5 million in pre-seed financing; original EUR and USD reporting remains to be confirmed
Brief not available.
Year of G2 ARR milestone above USD 100 million remains to be verified
ARR Club placed G2's milestone above USD 100 million in ARR in 2024/10, but a later GetLatka correction said it originated from management's year-end target in 2022. The USD 113 million in the old article instead corresponded to an estimate for 2023. A new revenue event in 2024/10 could not yet be confirmed, and the original record's USD 100 million in funding also lacked corresponding evidence, so no amount was included for aggregation.
TRS raises RMB 890 million in main-board private placement
On 2024-10-25, according to Xiniu Data, TRS completed main-board private placement, raising RMB 890 million.
Lemlist reaches USD 26 million ARR
On 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.