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The AI industry in the U.S. and beyond experienced a remarkable year in 2024.

According to our count at TechCrunch, 49 startups secured funding rounds of $100 million or more in 2024. Notably, three companies received multiple “mega-rounds” last year, while seven companies secured rounds exceeding $1 billion.

As we look ahead to 2025, the number of U.S. AI companies that have raised over $100 million is approaching double digits, with one round already surpassing $1 billion.

Below is a list of U.S. AI companies that have raised more than $100 million so far this year.

March

  • Anthropic, a company focused on AI research and large language models, secured $3.5 billion in a Series E round, valuing the startup at $61.5 billion. The round, announced on March 3, was led by Lightspeed and included participation from Salesforce Ventures, Menlo Ventures, and General Catalyst, among others.

February

  • Together AI, a developer of open-source generative AI and AI model development infrastructure, raised a $305 million Series B round, valuing the company at $3.3 billion. The round, announced on February 20, was co-led by Prosperity7 and General Catalyst, with participation from Salesforce Ventures, Nvidia, Lux Capital, and others.
  • Lambda, an AI infrastructure company, secured a $480 million Series D round, announced on February 19, valuing the startup at nearly $2.5 billion. The round was co-led by SGW and Andra Capital, with participation from Nvidia, G Squared, ARK Invest, and others.
  • Abridge, a Pittsburgh-based AI platform that transcribes patient-clinician conversations, was valued at $2.75 billion in a Series D round announced on February 17. The $250 million round was co-led by IVP and Elad Gil, with participation from Lightspeed, Redpoint, and Spark Capital, among others.
  • Eudia, an AI legal tech company, raised $105 million in a Series A round led by General Catalyst. The round, which closed on February 13, included participation from Floodgate, Defy Ventures, and Everywhere Ventures, as well as other VC firms and angel investors.
  • EnCharge AI, an AI hardware startup, secured a $100 million Series B round that closed on February 13. The round was led by Tiger Global, with participation from Scout Ventures, Samsung Ventures, and RTX Ventures, among others.
  • Harvey, an AI legal tech company, raised a $300 million Series D round, valuing the 3-year-old company at $3 billion. The round, announced on February 12, was led by Sequoia, with participation from OpenAI Startup Fund, Kleiner Perkins, Elad Gil, and others.

January

  • ElevenLabs, a synthetic voice startup, raised a $180 million Series C round, valuing the company at more than $3 billion. The round, announced on January 30, was co-led by ICONIQ Growth and Andreessen Horowitz, with participation from Sequoia, NEA, Salesforce Ventures, and others.
  • Hippocratic AI, which develops large language models for the healthcare industry, announced a $141 million Series B round on January 9. The round, which valued the company at more than $1.6 billion, was led by Kleiner Perkins, with participation from Andreessen Horowitz, Nvidia, and General Catalyst, among others.

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