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Arena on Pulse

AI infra

The full thread of our Arena coverage — a running record of every development we've tracked, with the VC take on each.

2
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2
With a headline figure
Jun 29, 2026
Date

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  1. FUNDINGArena, the AI Leaderboard Everyone Uses, Hits $100M Revenue Run-Rate→
  2. AIArena, the AI Leaderboard Everyone Uses, Is Now a $100M Business→

All Coverage

FUNDING$100M run-rate

Arena, the AI Leaderboard Everyone Uses, Hits $100M Revenue Run-Rate

Arena -- the crowdsourced AI-model leaderboard born as a UC Berkeley research project and now relied on across the industry -- has reached a $100 million annualized revenue run-rate, up from $30 million in January, on the back of its commercial AI-evaluations business. The company raised a $150 million Series A in January at a $1.7 billion valuation and has turned 10 million-plus human model comparisons into a paid product for labs and enterprises.

Jun 29, 2026
AI$100M ARR

Arena, the AI Leaderboard Everyone Uses, Is Now a $100M Business

Arena, the crowdsourced model-evaluation platform born as Chatbot Arena at UC Berkeley, hit $100 million in annualized run-rate revenue just eight months after launching its paid 'AI Evaluations' service. Its free public leaderboard -- built on more than 10 million head-to-head user votes -- has become the industry's default benchmark, and the company has parlayed that trust into a $1.7 billion valuation.

Jun 29, 2026