Industry News Details
24 U.S. AI Startups That Have Raised $100M+ in 2025 Posted on : Jun 19 - 2025
2024 Was Huge for AI. 2025 Is Keeping Pace.
Last year marked a breakout moment for the AI industry in the U.S. and globally. According to TechCrunch’s count, 49 AI startups raised funding rounds of $100 million or more in 2024. Of those, three companies landed multiple mega-rounds, and seven closed billion-dollar raises.
So how does 2025 stack up so far?
We’re only halfway through the year, but the momentum is clearly holding. In fact, Q1 2025 saw more U.S.-based AI mega-rounds than the same period last year—and several billion-dollar rounds have already closed.
Below is a month-by-month breakdown of all U.S.-based AI startups that have raised $100 million or more in 2025 so far:
June
- Glean raised a $150M Series F at a $7.25B valuation, led by Wellington Management.
- Anysphere, maker of Cursor, secured a massive $900M Series C at a nearly $10B valuation. Thrive Capital led the round.
May
- Snorkel AI announced a $100M Series D at a $1.3B valuation, led by Addition.
- LMArena, an AI benchmarking platform, raised a $100M seed round at a $600M valuation.
- TensorWave, an AI infrastructure company, closed a $100M Series A led by Magnetar Capital and AMD Ventures.
April
- SandboxAQ secured $450M in a Series E at a $5.7B valuation, with participation from Nvidia and Google.
- Runway raised $308M in Series D funding at a $3B valuation, led by General Atlantic.
March
- OpenAI shattered records with a $40B round at a $300B valuation, led by SoftBank.
- Nexthop AI closed a $110M Series A led by Lightspeed.
- Insilico Medicine raised $110M in a Series E to fuel its AI drug discovery platform, reaching a $1B valuation.
- Celestial AI secured $250M in a Series C at a $2.5B valuation.
- Lila Sciences raised a $200M seed round to develop its “science superintelligence” platform.
- Reflection.AI, building autonomous AI systems, raised $130M in Series A at a $580M valuation.
- Turing, an AI coding startup, raised $111M in a Series E at a $2.2B valuation.
- Shield AI, focused on defense, raised $240M in a Series F at a $5.3B valuation.
- Anthropic raised $3.5B in a Series E at a $61.5B valuation.
February
- Together AI raised $305M in Series B at a $3.3B valuation, co-led by Prosperity7 and General Catalyst.
- Lambda raised $480M in Series D at a $2.5B valuation.
- Abridge closed a $250M Series D, valuing the company at $2.75B.
- Eudia, an AI legal tech company, raised $105M in Series A.
- EnCharge AI, a hardware startup, raised a $100M Series B.
- Harvey, another AI legal tech firm, raised $300M in Series D at a $3B valuation.
January
- ElevenLabs raised $180M in Series C at a $3B+ valuation, co-led by ICONIQ and Andreessen Horowitz.
- Hippocratic AI raised $141M in Series B at a $1.6B+ valuation, led by Kleiner Perkins.