FUNDING
Key Metrics
Valuation
$1B
As of Jul 31, 2026Value Add Pulse research
Total funding
$122M
As of Jul 31, 2026Value Add Pulse research
Company Snapshot
RunPod is a AI infra company, based in San Francisco, California, USA, founded 2022 by Zhen Lu, Pardeep Singh. Latest valuation $1B (As of Jul 31, 2026, Value Add Pulse research). Total funding $122M (As of Jul 31, 2026).
Recent changes
- Jul 31, 2026Jul 31, 2026First reported total funding: $122M Value Add Pulse enrichment
- Jul 31, 2026Jul 31, 2026First reported valuation: $1B Value Add Pulse enrichment
- Jun 24, 2026Jun 24, 2026Raised $100M Growth at a $1B valuation PRNewswire
- Jun 24, 2026Jun 24, 2026RunPod Raises $100M Led by Summit Partners at $1B Valuation, Rejects $500M Buyout Offers Pulse story
Funding History
1 event · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Jun 24, 2026 | Growth | $100M | $1B | Summit Partners at $1B | Pulse story |
Investors
Latest Pulse
- Jul 5, 2026Vertical AI Series A Rounds Are Quietly Getting BiggerA cluster of recent Series A and C rounds -- General Intuition's $320M, RunPod's $100M and Assort Health's $120M among them -- shows vertical AI applications commanding round sizes once reserved for infrastructure megadeals.→
- Jun 24, 2026RunPod Raises $100M Led by Summit Partners at $1B Valuation, Rejects $500M Buyout OffersRunPod, the AI developer cloud used by more than 1 million developers to build, train and deploy AI workloads, closed a $100 million growth investment led by Summit Partners on June 24 at a $1 billion valuation. The company disclosed $240 million in annual recurring revenue and confirmed it turned down acquisition offers exceeding $500 million to remain independent.→
Coverage Timeline
newest firstAll Coverage
FUNDING$650M+ combined across 4 vertical rounds
Vertical AI Series A Rounds Are Quietly Getting Bigger
A cluster of recent Series A and C rounds -- General Intuition's $320M, RunPod's $100M and Assort Health's $120M among them -- shows vertical AI applications commanding round sizes once reserved for infrastructure megadeals.
FUNDING
RunPod Raises $100M Led by Summit Partners at $1B Valuation, Rejects $500M Buyout Offers
FUNDING$100M
RunPod Raises $100M Led by Summit Partners at $1B Valuation, Rejects $500M Buyout Offers
RunPod, the AI developer cloud used by more than 1 million developers to build, train and deploy AI workloads, closed a $100 million growth investment led by Summit Partners on June 24 at a $1 billion valuation. The company disclosed $240 million in annual recurring revenue and confirmed it turned down acquisition offers exceeding $500 million to remain independent.
Value Add Research
Related Companies
Shared investors
Sources & methodologyshow
Where these figures come from
- PRNewswireprimary source1 fact
- Value Add Pulse researchValue Add VC data2 facts
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.