Company intelligence

Venice AI

Venice AI is a privacy-first generative AI platform that routes users to 200+ multimodal models without logging prompts or storing conversations.

AI infraSan Francisco, California, USAFounded 2024Founders: Erik VoorheesWebsite โ†—See connections โ†’
Last verified Jul 1, 2026

Key Metrics

Valuation
$1B
As of Jul 1, 2026TechCrunch

Company Snapshot

Venice AI is a AI infra company, based in San Francisco, California, USA, founded 2024 by Erik Voorhees. Latest valuation $1B (As of Jul 1, 2026, TechCrunch).

Recent changes

  1. Jul 1, 2026Raised $65M Series A at a $1B valuation TechCrunch
  2. Jul 1, 2026First reported valuation: $1B TechCrunch
  3. Jul 1, 2026New investor: Dragonfly Capital TechCrunch
  4. Jul 1, 2026New investor: North Island Ventures TechCrunch
  5. Jul 1, 2026New investor: Coinbase Ventures TechCrunch
Earlier changes (2)
  1. Jul 1, 2026Venice AI Becomes a Unicorn With $65M Series A as Its Privacy-First Platform Takes Off Pulse story
  2. Jul 1, 2026Venice AI Becomes a Unicorn With $65M Series A as Its Privacy-First Platform Takes Off Pulse story

Funding History

1 event ยท sources dated per row
DateEventAmountValuationInvestorsSource
Jul 1, 2026Series A$65M$1BTechCrunch

Investors

Latest Pulse

  1. Crunchbase: The Week's 10 Biggest Funding Rounds, Led by Joulent's $1.75B Energy RaiseCrunchbase News' roundup of the week's 10 biggest funding rounds (June 27-July 2) was led by Houston-based energy infrastructure provider Joulent's $1.75 billion raise from National Grid Ventures, aimed squarely at AI and compute-intensive industries' power needs. Together AI's $800M Series C and Venice AI's $65M unicorn round both placed inside the top 10, alongside biotech, legal-tech, sports and video-AI rounds spanning a genuinely broad set of categories beyond pure frontier-model AI.โ†’
  2. Venice 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.โ†’
  3. Venice 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.โ†’

Coverage Timeline

newest first
  1. Jul 1, 2026FUNDINGVenice AI Becomes a Unicorn With $65M Series A as Its Privacy-First Platform Takes Off$65Mโ†’

All Coverage

Value Add Research

Related Companies

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Venice AI FAQ

What is Venice AI's valuation?

Venice AI's valuation is $1B (As of Jul 1, 2026, TechCrunch).

Who are Venice AI's investors?

Venice AI's investors include Dragonfly Capital, Coinbase Ventures, North Island Ventures, Archetype, Liquid 2 Ventures, and 1 more (As of Jul 1, 2026).

Sources & methodologyshow
Where these figures come from

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.

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