Funding round
Skild AI Series A
Skild AI, which works in robotic intelligence development in Pittsburgh, raised $300M in a Series A round announced on 9 Jul 2024, led by Lightspeed Venture Partners, Coatue, SoftBank Group and Bezos Expeditions, at a $1.50B post-money valuation. 14 firms took part. It is Skild AI's second venture round on record; the one before was a Seed in Jan 2023.
$300M
Amount raised
$1.50B
Post-money valuation
$1.20B pre-money
14
Investors
4 leads
26x
Step-up from the Seed
$58M in Jan 2023
20%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Skild AI at $1.50B after the new money, 25.7 times the $58M of its Seed (Jan 2023). The $300M bought investors about 20% of the company. It came 18 months after Skild AI's Seed. It is 17% of the $1.81B Skild AI has raised in the venture rounds on record. Skild AI raised again 11 months later: a Series B round of $100M in Jun 2025, at $4.50B post-money.
Skild AI's funding rounds
Skild AI has 4 venture rounds on record. This one is highlighted.
- Seed 1 Jan 2023, led by Lightspeed Venture Partners and Sequoia Capital $15M$58M post-money
- Series A this round 9 Jul 2024, led by Lightspeed Venture Partners, Coatue and SoftBank Group $300M$1.50B post-money
- Series B 12 Jun 2025, led by SoftBank Group $100M$4.50B post-money
- Series C 14 Jan 2026, led by SoftBank Group $1.40B$14.00B post-money
Investors
Who put money in
Lightspeed Venture Partners, Coatue, SoftBank Group and Bezos Expeditions led the round with 10 other firms.
Lead investors
- Lightspeed Venture Partners backs 454 venture-backed companies new investor
- Coatue backs 229 venture-backed companies new investor
- SoftBank Group new investor
- Bezos Expeditions new investor
Also in the round
- Felicis backs 237 venture-backed companies new investor
- Sequoia Capital backs 589 venture-backed companies new investor
- Menlo Ventures backs 215 venture-backed companies new investor
- General Catalyst backs 574 venture-backed companies new investor
- CRV backs 177 venture-backed companies new investor
- SV Angel backs 293 venture-backed companies new investor
- Carnegie Mellon University new investor
- Amazon Industrial Innovation Fund new investor
- Alexa Fund new investor
- Amazon
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
138 Series A rounds in Software Development Services within a year either side disclosed an amount; the median was $15M, and this round was 20 times the median. The closest in time, other companies' Series A rounds in Software Development Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Software Development Services | 25 Jul 2024 | $24M | not disclosed | Spark Capital |
| Software Development Services | 1 Jul 2024 | $16M | not disclosed | not named |
| Software Development Services | 24 Jul 2024 | $15M | not disclosed | Founders Fund |
| Software Development Services | 29 Jul 2024 | $14M | not disclosed | Puma Growth Partners |
| Software Development Services | 15 Jul 2024 | $6.0M | not disclosed | White Star Capital’s Digital Asset Fund and MMC |
| Software Development Services | 23 Jul 2024 | $4.2M | not disclosed | Praetura Ventures |
| Software Development Services | 22 Aug 2024 | $68M | not disclosed | not named |
| Software Development Services | 1 Jun 2024 | $44M | not disclosed | not named |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Skild AI raise in its Series A round?
Skild AI raised $300M in its Series A round, announced in Jul 2024.
Who led Skild AI's Series A round?
Lightspeed Venture Partners, Coatue, SoftBank Group and Bezos Expeditions led it, with Felicis, Sequoia Capital, Menlo Ventures, General Catalyst and CRV and 5 more.
What was Skild AI's valuation at the Series A round?
$1.50B post-money ($1.20B pre-money).
How does it compare with other Series A rounds in Software Development Services?
138 Series A rounds in Software Development Services within a year either side disclosed an amount; the median was $15M, and this round was 20 times the median.
Did Skild AI raise again after this round?
Yes: a Series B round in Jun 2025 of $100M at $4.50B post-money.