Funding round
Decart Series B
Decart, which works in generative AI model development in Wilmington, raised $100M in a Series B round announced on 7 Aug 2025, led by Sequoia Capital, at a $3.10B post-money valuation. 4 firms took part, 3 of them already investors. It is Decart's third venture round on record; the one before was a Series A in Dec 2024.
$100M
Amount raised
$3.10B
Post-money valuation
4
Investors
1 lead
6.2x
Step-up from the Series A
$500M in Dec 2024
3.2%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Decart at $3.10B after the new money, 6.2 times the $500M of its Series A (Dec 2024). The $100M bought investors about 3.2% of the company. It came 8 months after Decart's Series A. It is 22% of the $453M Decart has raised in the venture rounds on record. Decart raised again 9 months later: a Growth round of $300M in May 2026, at $4.00B post-money.
Decart's funding rounds
Decart has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
Sequoia Capital led the round with 3 other firms. Sequoia Capital, Benchmark and Zeev Ventures had backed Decart before.
Lead investor
- Sequoia Capital backs 589 venture-backed companies existing investor
Also in the round
- Benchmark existing investor
- Zeev Ventures existing investor
- backs 43 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
662 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $35M, and this round was 2.9 times the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 20 Aug 2025 | $80M | not disclosed | QED Investors |
| Tech Companies | 6 Aug 2025 | $70M | not disclosed | Andreessen Horowitz and ICONIQ |
| Tech Companies | 14 Aug 2025 | $70M | not disclosed | Stripes and Addition |
| Tech Companies | 18 Aug 2025 | $60M | not disclosed | O.G. Venture Partners |
| Tech Companies | 12 Aug 2025 | $57M | not disclosed | Forgepoint Capital and Oquirrh Ventures |
| Tech Companies | 13 Aug 2025 | $44M | not disclosed | Headline |
| Tech Companies | 5 Aug 2025 | $44M | not disclosed | Insight Partners |
| Tech Companies | 19 Aug 2025 | $41M | not disclosed | Mumford Investments and LHH Investments |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Decart raise in its Series B round?
Decart raised $100M in its Series B round, announced in Aug 2025.
Who led Decart's Series B round?
Sequoia Capital led it, with Benchmark, Zeev Ventures and Aleph.
What was Decart's valuation at the Series B round?
$3.10B post-money.
How does it compare with other Series B rounds in Tech Companies?
662 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $35M, and this round was 2.9 times the median.
Did Decart raise again after this round?
Yes: a Growth round in May 2026 of $300M at $4.00B post-money.