Funding round
Together AI Series C
Together AI, which works in AI cloud infrastructure services in San Francisco, raised $800M in a Series C round announced on 1 Jul 2026, led by Aramco Ventures, at a $8.30B post-money valuation. 18 firms took part. It is Together AI's fifth venture round on record; the one before was a Series B in Feb 2025.
$800M
Amount raised
$8.30B
Post-money valuation
$7.50B pre-money
18
Investors
1 lead
2.5x
Step-up from the Series B
$3.30B in Feb 2025
9.6%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Together AI at $8.30B after the new money, 2.5 times the $3.30B of its Series B (Feb 2025). The $800M bought investors about 9.6% of the company. It came 17 months after Together AI's Series B. It is 60% of the $1.33B Together AI has raised in the venture rounds on record. No later venture round is on record for Together AI.
Together AI's funding rounds
Together AI has 5 venture rounds on record. This one is highlighted.
- Seed 15 May 2023, led by Lux Capital $20M
- Series A 29 Nov 2023, led by Kleiner Perkins $102M
- Growth 13 Mar 2024, led by Salesforce Ventures $106M$1.25B post-money
- Series B 20 Feb 2025, led by General Catalyst and Prosperity7 Ventures $305M$3.30B post-money
- Series C this round 1 Jul 2026, led by Aramco Ventures $800M$8.30B post-money
Investors
Who put money in
Aramco Ventures led the round with 17 other firms.
Lead investor
- backs 44 venture-backed companies new investor
Also in the round
- NVIDIA new investor
- Vista Equity Partners backs 43 venture-backed companies new investor
- General Catalyst backs 574 venture-backed companies new investor
- backs 96 venture-backed companies new investor
- March Capital new investor
- Pegatron new investor
- Salesforce Ventures backs 314 venture-backed companies new investor
- backs 44 venture-backed companies new investor
- Lux Capital backs 194 venture-backed companies new investor
- backs 18 venture-backed companies new investor
- Geodesic Capital backs 45 venture-backed companies new investor
- Greycroft backs 236 venture-backed companies new investor
- DAMAC Capital new investor
- backs 70 venture-backed companies new investor
- backs 38 venture-backed companies new investor
- SentinelOne's S Ventures new investor
- backs 48 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, scaling operations, working capital and hiring.
- Product development
- Scaling operations
- Working capital
- Hiring
Comparable rounds
How it compares
162 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $65M, and this round was 12 times the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Multiverse Computing Tech Companies | 27 Jul 2026 | $570M | $1.70B | Forgepoint Capital and BNPP Solar Impulse Venture Fund |
| Tech Companies | 7 Jul 2026 | $120M | $1.20B | Khosla Ventures |
| Tech Companies | 29 Jul 2026 | $100M | $500M | One Peak |
| Tech Companies | 29 Jul 2026 | $50M | not disclosed | OpenAI Startup Fund |
| Tech Companies | 30 Jul 2026 | $50M | not disclosed | Insight Partners |
| Tech Companies | 16 Jul 2026 | $40M | not disclosed | CMB International Capital Corporation and SMBC Asia Rising Fund |
| Tech Companies | 17 Jul 2026 | $15M | not disclosed | not named |
| Tech Companies | 14 Jul 2026 | $1.2M | not disclosed | not named |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Together AI raise in its Series C round?
Together AI raised $800M in its Series C round, announced in Jul 2026.
Who led Together AI's Series C round?
Aramco Ventures led it, with NVIDIA, Vista Equity Partners, General Catalyst, Emergence Capital and March Capital and 12 more.
What was Together AI's valuation at the Series C round?
$8.30B post-money ($7.50B pre-money).
How does it compare with other Series C rounds in Tech Companies?
162 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $65M, and this round was 12 times the median.