Coverage note: Totals sum the sourced primary equity rounds of private AI companies in Value Add VC's database, not lifetime funding; companies with older or undisclosed rounds (e.g. xAI, Perplexity) are undercounted. Debt, secondary sales, re-reports and publicly traded companies are left out, and a reported range counts at its low end.
How this is different: most "AI valuations" lists rank a single latest price tag. This ranks tracked, sourced capital raised across every round in our database, and maps who backed each company. See AI company valuations for the price-tag ranking of many of the same companies, and 2026 VC fund closes for who's raising the capital that funds these rounds.
The Market Map
The top 50 companies by tracked funding, grouped by category, biggest first within each group. See "Methodology & How We Categorize" below for the exact rule.
Foundation models
9 companies ยท $326.4B trackedAI infrastructure & platforms
22 companies ยท $52.5B trackedApplications & agents
9 companies ยท $12.8B trackedRobotics & autonomy
10 companies ยท $26.3B trackedTop 50 AI Companies by Tracked Funding
Ranked by tracked funding: the sum of sourced primary equity rounds in our database, not lifetime funding. A reported range counts at its low end; an "up to" figure counts at the stated amount and is marked. "Latest round" is the most recent sourced funding round we have for that company; the source for every row is linked. Top investors are the investor with the most sourced credits among the top 50.
| # | Company | Tracked funding | Category | Latest round | Top investors | Source |
|---|---|---|---|---|---|---|
| 1 | OpenAI | $179.6B 4 rounds | Foundation models | Funding round $11B (of $30B target) 2026-10-31 | Andreessen Horowitz, Coatue Management, Fidelity Investments | The Decoder |
| 2 | Anthropic | $111.5B 4 rounds | Foundation models | Series H $65B 2026-05-28 | Sequoia Capital, Coatue Management, Accel | TechCrunch |
| 3 | xAI | $20B 1 round | Foundation models | Series E $20B 2026-01-06 | Fidelity Investments, Valor Equity Partners, Cisco Investments | xAI |
| 4 | Waymo | $16B 1 round | Robotics & autonomy | Funding round $16B 2026-02-02 | Sequoia Capital, DST Global, Dragoneer Investment Group | Waymo |
| 5 | Prometheus | $12B 1 round | AI infrastructure & platforms | Funding round $12B 2026-06-11 | JPMorgan Chase, Goldman Sachs | TechCrunch |
| 6 | Databricks | $10B 2 rounds | AI infrastructure & platforms | Strategic growth round $5B 2026-08-13 | Andreessen Horowitz, Coatue Management, Thrive Capital | Bloomberg |
| 7 | Crusoe | $5.9B 3 rounds | AI infrastructure & platforms | Series F $3.9B 2026-09-17 | Fidelity Investments, Atreides Management, Valor Equity Partners | TechCrunch |
| 8 | Moonshot AI | $3.5B 1 round | Foundation models | Funding round $3.5B 2026-07-29 | Bloomberg | |
| 9 | Cognition | $3.4B 3 rounds | Applications & agents | Series E $2B 2026-09-08 | Andreessen Horowitz, Accel, General Catalyst | TechCrunch |
| 10 | Mistral AI | $3.2B 1 round | Foundation models | Series D โฌ3B 2026-09-08 | Andreessen Horowitz, Scaleup Europe Fund | The Register |
| 11 | Safe Superintelligence | $3B 2 rounds | Foundation models | Funding round $2B 2025-04-12 | Andreessen Horowitz, Sequoia Capital, DST Global | TechCrunch |
| 12 | Nscale | $2.7B 2 rounds | AI infrastructure & platforms | Series C $1.64B 2026-03-27 | 8090 Industries, Aker ASA | SEC EDGAR (Nscale S-1) |
| 13 | Firmus | $2.5B 2 rounds | AI infrastructure & platforms | Growth US$2B (A$2.85B) 2026-08-07 | Coatue Management, Jane Street, Blackstone | Startup Daily |
| 14 | Cursor | $2.5B 3 rounds | Applications & agents | Series D $2.3B 2025-11-13 | Andreessen Horowitz, Coatue Management, Accel | CNBC |
| 15 | G42 | $2.3B 2 rounds | AI infrastructure & platforms | Strategic investment $1.5B 2024-04-15 | Silver Lake | TechTarget |
| 16 | Reflection AI | $2.1B 2 rounds | Foundation models | Series B $2B 2025-10 | Sequoia Capital, Lightspeed Venture Partners, 1789 Capital | Wikipedia |
| 17 | Thinking Machines | $2B 1 round | Foundation models | Seed $2B 2025-07-15 | Andreessen Horowitz, Accel, Cisco Investments | TechCrunch |
| 18 | Lambda | $2.0B 2 rounds | AI infrastructure & platforms | Series E $1.5B+ 2025-11 | Andra Capital, Andrej Karpathy, ARK Invest | techflier.com |
| 19 | Baseten | $1.9B 3 rounds | AI infrastructure & platforms | Series F $1.5B 2026-06-22 | Altimeter Capital, CapitalG, IVP (Institutional Venture Partners) | Baseten |
| 20 | Fireworks AI | $1.8B 3 rounds | AI infrastructure & platforms | Series D $1.5B 2026-07-16 | Sequoia Capital, Bessemer Venture Partners, Index Ventures | SiliconANGLE |
| 21 | Figure | $1.7B 3 rounds | Robotics & autonomy | Series C $1B+ 2025-09-01 | Brookfield, Macquarie Capital, Parkway Venture Capital | Wikipedia |
| 22 | Atoms | $1.7B 1 round | Robotics & autonomy | Series A $1.7B 2026-07-22 | Andreessen Horowitz, Bain Capital, Fifth Wall | TechCrunch |
| 23 | Neura Robotics | $1.5B 2 rounds incl. up to $1.4B | Robotics & autonomy | Series C up to $1.4B 2026-06-10 | Bosch, InterAlpen Partners | Neura Robotics |
| 24 | Cohere | $1.4B 5 rounds | Foundation models | Growth $500M 2025-08 | Index Ventures, Cisco Investments, Tiger Global Management | Wikipedia |
| 25 | Skild AI | $1.4B 1 round | Robotics & autonomy | Series C $1.4B 2026-01-14 | Sequoia Capital, Coatue Management, Lightspeed Venture Partners | Skild AI |
| 26 | Legora | $1.4B 5 rounds | Applications & agents | Series E $550M 2026-10-21 | Accel, Bessemer Venture Partners, Fidelity Investments | TechCrunch |
| 27 | Fal | $1.3B 1 round | AI infrastructure & platforms | Series F $1.3B 2026-11-03 | Bessemer Venture Partners, T. Rowe Price, Sound Ventures | TechCrunch |
| 28 | Sierra | $1.3B 2 rounds | Applications & agents | Series E $950M 2026-05-04 | Thrive Capital, Tiger Global Management, Greenoaks | CNBC |
| 29 | Instinct | $1.3B 2 rounds | AI infrastructure & platforms | Series C $1B 2026-09-28 | Sequoia Capital, Coatue Management, Index Ventures | Instinct (Business Wire via FinancialContent) |
| 30 | Flapping Airplanes | $1.2B 2 rounds | Applications & agents | Series A $1B 2026-10-21 | Sequoia Capital, Index Ventures, Atreides Management | TechCrunch |
| 31 | Ineffable Intelligence | $1.1B 1 round | AI infrastructure & platforms | Funding round $1.1B 2026-04-17 | SEC EDGAR Form D | |
| 32 | Etched | $1B 2 rounds | AI infrastructure & platforms | Funding round $700M 2026-08-18 | Sequoia Capital, Jane Street | TechCrunch |
| 33 | Physical Intelligence | $1B 2 rounds | Robotics & autonomy | Funding round $600M 2025-11-20 | Sequoia Capital, Index Ventures, Thrive Capital | SiliconANGLE |
| 34 | Lovable | $945M 4 rounds | AI infrastructure & platforms | Series C $400M 2026-08-12 | Accel, Menlo Ventures, CapitalG | TechCrunch |
| 35 | TypeSafe AI | $910M 2 rounds | Applications & agents | Series A $870M 2026-10-09 | Andreessen Horowitz, Sequoia Capital, DCVC | TypeSafe AI |
| 36 | Mind Robotics | $900M 2 rounds | Robotics & autonomy | Series B $400M 2026-05-13 | Andreessen Horowitz, Accel, Kleiner Perkins | VCA Online |
| 37 | Xpeng Robotics | $900M 1 round | Robotics & autonomy | Funding round $900M 2026-08-24 | Gaorong Ventures, IDG Capital | Electrek |
| 38 | Fluidstack | $830M 1 round | AI infrastructure & platforms | Series A $830M 2026-01-10 | Situational Awareness | Fluidstack |
| 39 | Meshy | $800M 2 rounds | AI infrastructure & platforms | Series B $400M 2026-07-21 | Meshy | |
| 40 | Together AI | $800M 1 round | AI infrastructure & platforms | Series C $800M 2026-07-01 | General Catalyst, Emergence Capital, Aramco Ventures | BusinessWire |
| 41 | Wonderful | $800M 3 rounds | AI infrastructure & platforms | Series C $550M 2026-09-02 | Bessemer Venture Partners, Index Ventures, Insight Partners | TechCrunch |
| 42 | Suno | $775M 3 rounds | Applications & agents | Series D $400M+ 2026-06-03 | Lightspeed Venture Partners, Menlo Ventures, Bond | Music Business Worldwide |
| 43 | Harvey | $750M 2 rounds | Applications & agents | Series G $550M 2026-09-09 | Lightspeed Venture Partners, Sapphire Ventures, Whale Rock | TechCrunch |
| 44 | Lumilens | $700M 1 round | AI infrastructure & platforms | Series C $700M 2026-08-06 | Atreides Management, Meritech Capital, Spark Capital | SiliconANGLE |
| 45 | GMI Cloud | $668M 1 round | AI infrastructure & platforms | Series B $668M 2026-09-30 | Pulse 2.0 | |
| 46 | Replit | $650M 2 rounds | Applications & agents | Series D $400M 2026-03-11 | Andreessen Horowitz, Coatue Management, Georgian | TechCrunch |
| 47 | Runway | $623M 2 rounds | AI infrastructure & platforms | Series E $315M 2026-02-15 | Felicis Ventures, Adobe Ventures, General Atlantic | archyworldys.com |
| 48 | Bedrock Robotics | $600M 1 round | Robotics & autonomy | Series C $600M 2026-10-26 | Bessemer Venture Partners, Valor Equity Partners, CapitalG | TechCrunch |
| 49 | Zipline | $600M 1 round | Robotics & autonomy | Series H $600M 2026-01-21 | Fidelity Investments, Valor Equity Partners, Tiger Global Management | dronexl.co |
| 50 | Multiverse Computing | $570M 1 round | AI infrastructure & platforms | Series C $570M 2026-07-27 | Bullhound Capital, Forgepoint Capital | TechFundingNews |
Most Active AI Investors
Ranked by the number of the top 50 companies above where we have a sourced lead or participating credit for that investor โ not by dollars invested or round count.
Frequently Asked Questions
Which AI company has raised the most tracked funding?
OpenAI has the most tracked funding of any private AI company in this data, $179.6B across 4 sourced rounds, most recently a funding round of $11B (of $30B target) on 2026-10-31 (The Decoder). This counts disclosed primary equity rounds with a published source in our database, not lifetime funding or a market-wide total; publicly traded companies are left out.
Who is the most active AI investor?
Andreessen Horowitz has a sourced lead or participating credit in 11 of the top 50 AI companies by tracked funding here, the most of any investor in this data, followed by Sequoia Capital (11) and Coatue Management (8).
How much tracked funding have the top AI companies raised?
The top 50 AI companies by tracked funding in this data add up to $418.0B in disclosed, sourced primary funding rounds as of November 4, 2026. Totals sum the sourced primary equity rounds of private AI companies in Value Add VC's database, not lifetime funding; companies with older or undisclosed rounds (e.g. xAI, Perplexity) are undercounted. Debt, secondary sales, re-reports and publicly traded companies are left out, and a reported range counts at its low end. That also excludes debt, secondary sales and tender offers, IPO proceeds, SPAC mergers, M&A and publicly traded companies, so it understates total capital raised across the market.
What's the difference between this and the AI Valuations page?
This page ranks companies by tracked, sourced funding โ the sum of rounds in our database, not lifetime funding โ and maps the investor network behind them. /ai-valuations ranks the same kind of companies by their single latest post-money valuation. A company can rank very differently on each: a company that raised a lot of small rounds early can out-rank one priced very high in a single recent round, and vice versa.
Methodology & How We Categorize
Data as of November 4, 2026. What counts: announced or closed primary equity funding rounds, each with a published source, for AI companies that are private today, as recorded in Value Add VC's own funding database. Totals are the sum of the rounds we have tracked, not lifetime funding and not a market total; a company we have captured only one round for (for example xAI) is undercounted. What's excluded: debt of any kind, even when it's reported as a raise (credit facilities, loans, convertible notes, and equipment, project, asset-backed or GPU-backed financing); secondary sales, stake purchases from existing shareholders and tender offers, because that money goes to the sellers rather than the company; rounds that are only reported as in talks, sought or targeted (talks and planned raises are excluded until a round is announced or closed; a closed first tranche of a larger target counts at the amount closed); IPO proceeds, SPAC mergers and acquisitions; and companies that are publicly traded today (CoreWeave and IREN, for example), including the rounds they raised before going public, so every company on this map is private. Re-reports: when the same round shows up more than once (same company, an amount within about 5%, announced within about four months, and no conflicting round name), we count it once and keep the best-sourced report. Rounds our editors have marked as a re-report of an earlier round are left out. Ranges: a reported range such as "$2B-$3B" counts at its low end. An "up to" figure counts at the stated amount, since no lower figure was disclosed, and is marked "up to" in the table. Non-dollar rounds count at their US-dollar equivalent. Which companies count as AI: companies we tag as AI, AI infrastructure or a vertical AI sector (healthcare AI, for example), robotics and autonomous-vehicle companies, plus a short reviewed list of AI-native companies we tag by the market they serve (Cognition in developer tools and Harvey in legal tech, for example). AI-chip makers tagged only as semiconductor companies are left out, because that tag mixes them with legacy chipmakers; see our AI chip wars page for that angle. Categories: a short named list of foundation-model labs; AI infrastructure & platforms (our infrastructure tag also covers a few AI-native product companies, such as Lovable and Runway, which we leave as tagged rather than re-sort by hand); robotics & autonomy; and applications & agents for everything else. Investors are ranked by how many of these 50 companies they have a sourced lead or participating credit in, not by dollars invested or number of rounds. Private, unannounced, older or not-yet-captured rounds are not reflected.
Built from our own intelligence store, not a third-party database. A valuation or funding figure appears only with a published source, linked in the table. See our editorial standards; to report an error, email t@nyvp.com.