Funding round
RiverAI Seed
RiverAI, which works in AI strategy consulting in Leeds, raised $1.10B in a Seed round announced on 11 Aug 2026, led by General Catalyst and AMP PBC. 6 firms took part.
$1.10B
Amount raised
Not disclosed
Post-money valuation
6
Investors
2 leads
Valuation
What this round says about the price
RiverAI did not disclose a valuation in this round. No later venture round is on record for RiverAI.
RiverAI's funding rounds
This is the only venture round on record for RiverAI.
- Seed this round 11 Aug 2026, led by General Catalyst and AMP PBC $1.10B
Investors
Who put money in
General Catalyst and AMP PBC led the round with 4 other firms.
Lead investors
- General Catalyst backs 574 venture-backed companies new investor
- AMP PBC new investor
Also in the round
- Nvidia new investor
- AMD Ventures new investor
- Y Combinator backs 1,295 venture-backed companies new investor
- Temasek backs 195 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development and scaling operations.
- Product development
- Scaling operations
Comparable rounds
How it compares
170 Seed rounds in Software Development Services within a year either side disclosed an amount; the median was $5.0M, and this round was 220 times the median. The closest in time, other companies' Seed rounds in Software Development Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Software Development Services | 21 Aug 2026 | $9.0M | not disclosed | Paradigm |
| Software Development Services | 5 Aug 2026 | $6.0M | not disclosed | Ted Leonsis |
| Software Development Services | 18 Aug 2026 | $5.3M | not disclosed | CIV |
| Software Development Services | 11 Aug 2026 | $4.6M | not disclosed | Alt Capital |
| Software Development Services | 19 Aug 2026 | $2.5M | not disclosed | Lunara Partners |
| Software Development Services | 17 Aug 2026 | $2.1M | not disclosed | not named |
| Software Development Services | 23 Jul 2026 | $15M | not disclosed | redalpine |
| Software Development Services | 23 Jul 2026 | $14M | not disclosed | UVC Partners and Entourage |
Sources
Where this comes from
Reported by 5 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did RiverAI raise in its Seed round?
RiverAI raised $1.10B in its Seed round, announced in Aug 2026.
Who led RiverAI's Seed round?
General Catalyst and AMP PBC led it, with Nvidia, AMD Ventures, Y Combinator and Temasek.
What was RiverAI's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Software Development Services?
170 Seed rounds in Software Development Services within a year either side disclosed an amount; the median was $5.0M, and this round was 220 times the median.