FUNDING
Key Metrics
Valuation
$1B
As of Jul 31, 2026Value Add Pulse research
Total funding
$65M
As of Jul 31, 2026Value Add Pulse research
Company Snapshot
Venice AI is a AI infra company, based in San Francisco, CA, founded 2024 by Erik Voorhees. Latest valuation $1B (As of Jul 31, 2026, Value Add Pulse research). Total funding $65M (As of Jul 31, 2026).
Recent changes
- Jul 31, 2026Jul 31, 2026First reported total funding: $65M Value Add Pulse enrichment
- Jul 1, 2026Jul 1, 2026Raised $65M Series A at a $1B valuation TechCrunch
- Jul 1, 2026Jul 1, 2026First reported valuation: $1B TechCrunch
- Jul 1, 2026Jul 1, 2026New investor: Dragonfly Capital TechCrunch
- Jul 1, 2026Jul 1, 2026New investor: North Island Ventures TechCrunch
Earlier changes (4)
- Jul 1, 2026Jul 1, 2026New investor: Coinbase Ventures TechCrunch
- Jul 1, 2026Jul 1, 2026New investor: Archetype TechCrunch
- Jul 1, 2026Jul 1, 2026Venice AI Becomes a Unicorn With $65M Series A as Its Privacy-First Platform Takes Off Pulse story
- Jul 1, 2026Jul 1, 2026Venice AI Becomes a Unicorn With $65M Series A as Its Privacy-First Platform Takes Off Pulse story
Funding History
1 event · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Jul 1, 2026 | Series A | $65M | $1B | Dragonfly CapitalCoinbase VenturesNorth Island VenturesArchetypeF-Prime CapitalMorgan CreekLiquid2 Ventures outlined = lead | TechCrunch |
Underlying values
| As of | Value | Method | Source |
|---|---|---|---|
| Jul 31, 2026 | $1B | Reported | Value Add Pulse research |
| Jul 1, 2026 | $1B | Reported | TechCrunch |
Investors
Latest Pulse
- Jul 1, 2026Venice AI Becomes a Unicorn With $65M Series A as Its Privacy-First Platform Takes OffVenice AI closed a $65 million Series A on July 1 at a $1 billion valuation, led by crypto-focused VC firm Dragonfly with Coinbase Ventures and North Island Ventures participating. The platform aggregates access to 200+ AI models with client-side encryption and no server-side data storage, and says it's already profitable at more than $70 million in annualized revenue with 3 million active users.→
- Jul 1, 2026Venice AI Becomes a Unicorn With $65M Series A as Its Privacy-First Platform Takes OffVenice AI, the privacy-first generative AI platform founded by Erik Voorhees, closed its first-ever external raise on July 1: a $65 million Series A at a $1 billion valuation, led by crypto-focused firm Dragonfly with Coinbase Ventures and North Island Ventures participating. The company is already profitable, with annualized run-rate revenue above $70 million and 3 million-plus active users.→
Coverage Timeline
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Related Companies
Shared investors
Sources & methodologyshow
Where these figures come from
- TechCrunchmajor outlet1 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.