Funding round
Inflection AI Series A
Inflection AI, which works in emotionally intelligent AI development in San Francisco, raised $225M in a Series A round announced on 24 Apr 2023. 2 firms took part. It is Inflection AI's first venture round on record.
$225M
Amount raised
Not disclosed
Post-money valuation
2
Investors
no lead named
Valuation
What this round says about the price
Inflection AI did not disclose a valuation in this round. It is Inflection AI's first venture round on record, 1 year after it was founded in 2022. It is 15% of the $1.52B Inflection AI has raised in the venture rounds on record. Inflection AI raised again 2 months later: a Series E round of $1.30B in Jun 2023, at $4.00B post-money.
Inflection AI's funding rounds
Inflection AI has 2 venture rounds on record. This one is highlighted.
- Series A this round 24 Apr 2023 $225M
- Series E 29 Jun 2023, led by Microsoft and Nvidia $1.30B$4.00B post-money
Investors
Who put money in
2 firms took part; no lead investor was named.
Investors
- Greylock Partners backs 190 venture-backed companies new investor
- backs 98 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, scaling operations and working capital.
- Hiring
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
1,521 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 20 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 20 Apr 2023 | $50M | not disclosed | SYN Ventures |
| Tech Companies | 19 Apr 2023 | $45M | not disclosed | Acrew Capital |
| Tech Companies | 19 Apr 2023 | $45M | not disclosed | Acrew Capital |
| Tech Companies | 13 Apr 2023 | $36M | not disclosed | Bain Capital Ventures |
| Harvey Tech Companies | 26 Apr 2023 | $21M | not disclosed | Sequoia Capital |
| Tech Companies | 4 Apr 2023 | $20M | not disclosed | SignalFire |
| Tech Companies | 19 Apr 2023 | $20M | not disclosed | Koch Disruptive Technologies |
| Tech Companies | 17 Apr 2023 | $16M | not disclosed | Oxford Science Enterprises |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Inflection AI raise in its Series A round?
Inflection AI raised $225M in its Series A round, announced in Apr 2023.
Which investors took part in Inflection AI's Series A round?
Greylock Partners and Polaris Partners.
What was Inflection AI's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
1,521 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 20 times the median.
Did Inflection AI raise again after this round?
Yes: a Series E round in Jun 2023 of $1.30B at $4.00B post-money.